IPL Betting /spot Fixing Scam - Raj Kundra Co-Owner of Rajasthan Royals Admits to Betting -Wednesday June 5,2013

Raj Kundra, a co-owner of Indian Premier League (IPL) team Rajasthan Royals, has admitted during interrogation to betting in the "last two-three years," claims the Delhi Police

The police also says that Raj Kundra's business partner, Umesh Goenka, who was questioned recently claimed that Shilpa Shetty also gambled on the domestic Twenty20 tournament.

Raj Kundra was interrogated for nearly 10 hours on Wednesday June 5,2013 by the Delhi Police and allegedly revealed that he placed bets on his own team.  The Delhi Police chief Neeraj Kumar said that Mr Kundra "lost a huge amount of money through betting."


Note

• Betting on all sports except horse-racing is illegal in India

• Rules of the Board of Control for Cricket India (BCCI) dictate that anyone affiliated to a team can be suspended for two to five years if they are found guilty of betting

• Guidelines for IPL team owners also stress that a franchise can be terminated "if the owner acts in a way that brings disrepute to the IPL