European Gaming Lawyer magazine Spring 2014 | Page 40

Destination India:
Setting The “Odds” Against The Legal Juggernaut
Can the land of spices be the new ace in the pack for your gambling business?1
By Ranjana Adhikari (Senior Associate) and Gowree Gokhale (Partner & Head of the
Gaming Law Practice Group) are working at the multi skilled international law firm,
Nishith Desai Associates.

I

Gowree Gokhale

Ranjana Adhikari

ndia’s growth saga is no secret to the
world and it finds a place in the global
aspirations of most companies. With a
burgeoning population of well over
1.27 billion and an unparalleled market
to offer, it is no wonder that India has attracted the
interests of even the international gambling industry. The
diverse geography that India offers, not just the Indian
population, but also the tourists it attracts, gives further
boost to the potential that India has to offer.
History of Indian culture speaks of innumerable
episodes of gambling, in spite of its many vices.
References of gambling can be traced to one of the oldest
mythological epics of India, Mahabharata, in which the
opp ۙ[