City
Epaper

'Legalising 'matka' gambling will improve Goa's GST collection'

By IANS | Updated: February 21, 2020 20:30 IST

Legalising 'matka' gambling will improve Goa's GST collection and help provide formal employment to nearly 20,000 people who are currently accepting gambling bets illegally, Goa's Ports Minister Michael Lobo said on Friday.

Open in App

Panaji, Feb 21 Legalising 'matka' gambling will improve Goa's GST collection and help provide formal employment to nearly 20,000 people who are currently accepting gambling bets illegally, Goa's Ports Minister Michael Lobo said on Friday.

Lobo also called for a debate on the merits of legalising 'matka', an illegal gambling network, which is popular in Goa as well as parts of western states.

"You do not think it (accepting bets) is employment? They (matka agents) feed their families by accepting bets. If they are doing it illegally, let them do it openly and legally. It will also help in tax and Goods and Services Tax collection," Lobo told said.

'Matka' is an illegal form of gambling that has gained immense popularity in Mumbai and Konkan region since the 1960s. It functions six days a week, virtually like a lottery, where lucky numbers are generated thrice everyday.

Its popularity stems from the fact that one can also wager a bet of just Re 1.

The matka industry in Goa alone is pegged at several thousand crores and several legislators and ministers in successive state governments in the past have demanded its legalisation.

Lobo said that the nearly 20,000-odd youth, who were involved in the matka gambling syndicates operating in Goa, would get formal employment if it is legalised.

He also said that once 'matka' gambling is legalised, it would function under government control as a daily lottery and the scale of gambling operation would automatically reduce.

"Once it is legalised, less people will play 'matka'. Once it is legalised, it will be under control," Lobo said.

( With inputs from IANS )

Open in App

Related Stories

NationalGujarat: Police Commissioner hails Ahmedabad’s rank as India’s safest city

EntertainmentJosh Brolin finds 'Weapons' opposite to "all the same..." content on streamers

TechnologyNagaland varsity-led global team identifies lanthanide salts to help industries prevent corrosion

HealthShillong's first public bicycle sharing system launched to promote green mobility

NationalShillong's first public bicycle sharing system launched to promote green mobility

National Realted Stories

NationalNagaland varsity-led global team identifies lanthanide salts to help industries prevent corrosion

NationalPAC slams NHAI, seeks comprehensive audit and design overhaul

NationalIndia and Singapore share multifaceted partnership: Sarbananda Sonawal

National'Better acceleration, ride quality, environment-friendly': Govt allays fears over ethanol-blended petrol

NationalUS tariffs on Indian pharma will lead to higher drug costs for Americans: Dr. Ganguly