Legalising gambling in sports will create lots of problems:CPI

Press Trust of India  |  Hyderabad 

said today legalising and betting in would create "lots of problems", leave room for and provide no level-playing field.

The yesterday recommended that and betting in be allowed as regulated activities taxable under the direct and indirect tax regimes and used as a source for attracting foreign direct investment.

Reddy, the of the Communist Party of (CPI), said the issue is yet to be discussed in his party but his initial reaction is that it is not good.

"If betting and are legalised, it will create lots of problems," he told

"My initial reaction is negative about it."

The commission's report, "Legal Framework: Gambling and Betting including Cricket in India," recommends a number of changes in the law for regulating betting and generating tax revenues from it.

said: "Gambling is gambling after all, why should it be legalised? Betting is also sort of gambling."

"Gambling is not a game that will give all the partners equal type of opportunity and all that. Some people will lose lots of money. Some people will gain. There is always possibility of and deceiving also," he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 06 2018. 13:30 IST