Hyderabad: "If betting and gambling are legalised, it will create lots of problems," he told news agency PTI. "My initial reaction is negative about it."
The commission's report, "Legal Framework: Gambling and Sports Betting including Cricket in India," recommends a number of changes in the law for regulating betting and generating tax revenues from it.
Mr Reddy said: "Gambling is gambling after all, why should it be legalised? Betting is also sort of gambling."
"Gambling is not a game that will give all the partners equal type of opportunity and all that. Some people will lose lots of money. Some people will gain. There is always possibility of cheating and deceiving also," he said.
Veteran Communist leader Suravaram Sudhakar Reddy said today legalising gambling and betting in sports would create "lots of problems", leave room for cheating and provide no level-playing field.
The Law Commission yesterday recommended that gambling and betting in sports be allowed as regulated activities taxable under the direct and indirect tax regimes and used as a source for attracting foreign direct investment.
Mr Reddy, the General Secretary of the Communist Party of India or CPI, said the issue is yet to be discussed in his party but his initial reaction is that it is not good.
The commission's report, "Legal Framework: Gambling and Sports Betting including Cricket in India," recommends a number of changes in the law for regulating betting and generating tax revenues from it.
Advertisement
"Gambling is not a game that will give all the partners equal type of opportunity and all that. Some people will lose lots of money. Some people will gain. There is always possibility of cheating and deceiving also," he said.
Advertisement
COMMENTS
Advertisement
Law Commission Was Bypassed For New Criminal Laws, Says P Chidambaram Grandparents Should Also Share Custody Of Children In Matrimonial Disputes: High Court Law Commission May Submit Report On Simultaneous Polls Next Week Life On Earth Originates From One Ancestor, Older Than Previously Believed Siddaramaiah's Swipe At Governor Amid Calls For Resignation: 10 Points For Debate Against Kamala Harris, Donald Trump Picks This Hindu American "Illusion": Hamas Official Dismisses US Optimism Over Gaza Ceasefire Talks 2 Killed In West Bank Strike, Israel Says It Targeted "Terrorist Cell'' 7.0 Magnitude Earthquake Strikes Off Russia, Several Aftershocks Recorded Track Latest News Live on NDTV.com and get news updates from India and around the world.