Delhi police may have unearthed betting and spot-fixing in the Indian Premier League (IPL), arresting three Rajasthan Royals cricketers, but one of their top investigators feels that the country is still not ready for legalising betting in sports.
S N Srivastava, special commissioner, Delhi police, who is heading the investigations in the IPL spot fixing case, said on Tuesday that while legalising sports betting can help in generating revenues in the form of taxes, on the other hand, it will play as a deterrent for the young who indulge in the act.
'One must not forget that betting is not approved by the society,' said Srivastava during a seminar organised here by FICCI. Srivastava agreed that India needs stringent laws in sports but feels that it would take 10-15 years for the country to legalise betting in sports.