Quit while you're ahead. All the best
- Baltasar Graci'n y Morales
The thing which Amygdala part of the limbic system of 21st century's Homo
Sapiens seek for is, Glamour
! Irrefutably, glamour is associated with money.
Money allures every mortal soul and on the contrary part it's not easy to earn
money, especially in this era. With the technological advancements, there is cut
throat competition for getting jobs. Among all this rush there is an alternative
path which some people may consider as a leap of faith, where your luck can make
you rich from rags in just one shot! in this article we will discuss in brief
about how casinos work?, how do they make profits?. Apart from this we will
discuss the legality of casinos in India.
Casinos and handles
A casino is made for gambling. games like Blackjack, slot machines, poker and
roulette wheel are played here. usually casinos are in some 5 star hotels.
when we take name of casino first thing that comes in our mind is Las vegas,
also known as gambling capital of USA.
Most of us have never been to any casino but we always have a thought in our
mind of how they make money.
First and foremost is handle. Handle is the most important part for the gaming
operator, handle is basically the total amount of bets by the players involved
in the game. players put their bets in the handle, handles are made of chips
or cash. money can go either two ways, either player loses it or wins it.
How casinos make money
Considering casinos as a business model, handles are obtained through the
product of 3 things, average bet, time spent and capacity use. Most of the
casino games are based on your average bet and the time you spend in that
particular machine and it depends less on how much you have won or lost,
similarly in case of slot machines capacity use plays a vital role as a casino
with more slots machines will make more money.
Every casino sets a minimum amount to enter a table, it is tough to find a table
for a black jack game that has a minimum bet of 2$(140inr) or 4$(240inr).
Players may wish to play but the principles of casino may indicate a minimum
charge of 25$ to play a round of blackjackThe dealer is in a position to urge up
to 375 hands to the player. If all the six players bet at $2, the whole wagers
are going to be about $750. That's if you exclude the double down and also the
splits. On the opposite hand, if one player bets at $25, then the table will
produce $4,125 in barely one hour.
Till now we discussed what are casinos, how do they work and now we will
discuss about legality of these casinos in India.
Gambling is legal:
Gambling Act also known as The Public Gambling Act,1867 is the law made to
govern gambling in India. Gambling is a state subject, and only states in India
are entitled to formulate laws for gambling activities within their respective
states, Goa and Sikkim are the only exceptions which have allowed gambling and
betting in their state, subject to regulation of their respective state
Governments. Some states like Goa have legalised casinos.
The state of Goa allowed gambling after the formation of Goa, Daman and Diu
public Gambling Act,1976. Later it was amended to allow slot machines in five
star hotels and card-rooms in offshore vessels subject to prior approval and
authorization of the State Government on payment of a specified recurring fee.
The state of Sikkim Made gambling legal after the enactment of The Sikkim
Regulation of Gambling (Amendment) 2005 authorises the State government to
inform the specified areas where permission can be granted for running of
casinos on payment of a specified fee.
In India at present there are 2 Casinos in Sikkim and 10 in Goa, this gives an
overview about gambling laws at present in India and this can been seen that
there are extensive restrictions on any kind of wagering and gambling activities
in India. in India all the gambling legislations have removed the Games of skill
from the purview of gaming in India. There have been vast discussions
regarding differentiating games of skill and games of luck, as games of luck
can be considered in gambling as in game of luck a person's intellectual plays a
very little role
Game of skill and Game of luck
In India all the gambling legislation has removed the Games of skill from the
purview of gaming in India. There have been vast discussions regarding
differentiating games of skill and games of luck, as games of luck can be
considered in gambling as in game of luck a person's intellectual plays a very
Gambling can be understood in its 2 different forms in its traditional form as
well as its modern avatar. In traditional gambling context it can be understood
in brick, physical space and motor format, whereas in modern formats include
internet, mobile phones etc.
State of Andhra Pradesh v K. Satyanarayana and Ors
[AIR 1968 SC 825] court said
The game of Rummy is not a game entirely of chance like the 'three-card' game
mentioned in the Madras case to which we were referred. The 'three card' game
which goes under different names such a 'flush
' etc. is a game of pure
chance. Rummy, on the other hand, requires a certain amount of skill because the
fall of the cards has to be memorised and the building up of Rummy requires
considerable skill in holding and discarding cards.
We cannot, therefore, say
that the game of Rummy is a game of entire chance. It is mainly and
predominantly a game of skill. The chance in Rummy is of the same character as
the chance in a deal at a game of bridge.
Gambling laws as in India seem to be unclear and confusing. Judiciary had made
an effort through case laws to provide transparency and clarity in laws of
gambling, also considering recent technology changes in our society this has
enabled more number of people to participate in this gaming activities.
Keeping my point of you, gambling under the governance of The Public Gambling
Act(1867) should be encouraged and more number of casinos should be established
We being a developing country Casinos would attract more
number of tourists in India as well Casinos contribute a fair amount in the
country's economy.as according to reports gambling and betting are considered
keys of economy in Britain. It is advisable that before someone ventures into
any gambling activity in India, he/she may take a sound legal advice in respect
of the same so as to avoid any unnecessary legal implications.Award Winning Article Is Written By: Mr.Samarth Nair
Authentication No: NV32052954294-15-1120