It is better to legalise an illegal business and govt can get the revenues by imposing its taxes. This is the case which can be studied as it can net revenue for govt in billions. If State like Sikkim can have have sport betting legalised than why can not we have the same enforced in the whole country. It is worth mention here that Asia Cup match between India and Pakistan in Dhaka attracted $500 million-worth of bets.
Ehsan Mani, who headed the ICC between 2003 and 2006 has stated that unless the betting industry is brought under control in India one cannot stop match-fixing. He further added that there is no doubt that India, certainly Delhi and Mumbai, is the epicentre of cricket betting. Do remember to check out the below related posts to know more about Cricket in India as a business.