The State Government on Tuesday informed the High Court that a proposal for legislation on regulation of online gambling and online betting will be placed before the Cabinet.
The State government introduced an Amendment Bill in the Assembly to replace an Ordinance that banned cyberspace gambling, on Thursday.
The petitioner said there have been many reported cases across the state in which people have got scammed.
The police arrested 370 people indulging in anti-social activities and seized 1,288 rooster knives.
The Railway Police said that his body was found along the tracks near Kongu Main Road in Tirupur on Tuesday, and was later identified on Friday.
The petition also claims that the online gambling system in India is unregulated and its "a great place for carrying out hawala operations, laundering money, etc".
The directions were issued on a Public Interest Litigation (PIL) filed by one Muthukumar of Madurai to ban online gambling.
Though the exact reason for his extreme step is yet to be ascertained, the police registered a suicide case.
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Meanwhile, SPs Brijesh Roy and Pinak Mishra have directed all police stations to exercise vigil under their jurisdiction and continue raids to curb the menace.
According to a police source, the deceased, Vijayakumar from Ellaiamman Koil street in Korkadu near Villianur, was a SIM card retailer.
Delhi government standing counsel Ramesh Singh told the court that it had already dealt with a similar matter last year by disposing it of with the direction to treat it as a representation.
A 28-year-old man allegedly killed himself after losing about `8 lakh in an online gambling in Red Hills on Monday.
Frustrated over the loss, Dinesh hanged himself in his house on Monday. His wife Saranya, 22, is four months pregnant.