The Karnataka state government has approved in principle the Bangalore Turf Club’s (BTC) proposal to conduct online betting. Under the initiative the BTC will develop a mobile phone app allowing people to both place bets and then receive winnings through a digital wallet. BTC Senior Steward Harimohan Naidu commented to the local media, “With online […]
The Bangalore Turf Club has finally received a license to conduct summer races after it was held back due to a CID probe, Times of India reports. The license delay caused the BTC to lose out on four race days last week. In the letter to the BTC from KS Padmavati, additional chief secretary, finance […]
The horse-racing circuit in India is on its summer break, but off track the industry is lobbying hard to mitigate the effects of a proposed Goods and Services Tax, which officials say may be the death knell for some of the country’s clubs. A council charged with assessing GST limits will meet in Srinagar next week and its decision is likely to be crucial for the industry.