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Gambling on esports matches has become increasingly popular, with dedicated betting platforms catering to a growing fanbase.
The Act also lays down specific penalties for violators, including hefty fines and imprisonment.
The key issue is that these sites operate in a grey area, with few regulations and oversight.
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This article aims to stimulate discussion on the economic benefits of a wellregulated gambling industry in India, highlighting the potential for growth, revenue generation, and job creation.
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While it aims to curb illegal gambling and generate revenue, it also faces challenges in balancing the need for regulation with the potential for unintended negative consequences.
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The value of certain items plummeted, as the market for gambling activities collapsed.
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It is crucial for investors to understand these factors and to approach such ventures with a realistic assessment of the potential rewards and risks involved.
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Gambles journey wasnt paved with smooth paths.
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