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ILLEGAL BETTING GAMBLING
Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business detailsThe Enforcement Directorate sought details on foreign investments and overseas investments, audited balance sheets since FY21, owned immova...
Parimatch probe takes ED to Zepto's doorstepThe Enforcement Directorate is investigating offshore betting platform Parimatch. The agency has questioned quick commerce app Zepto regard...
Indonesia blocks Polymarket over online gambling concerns after bets on president's exitIndonesia has blocked the prediction market Polymarket. This action is part of a wider crackdown on online gambling. Polymarket was reporte...
Kalshi, Polymarket defy India ban on online betting platformsDespite India's technology ministry warning that prediction markets like Polymarket and Kalshi are illegal, customers in India continue to ...
As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameThe soccer coach had blocked himself from sportsbooks by the time he found prediction markets.
Damon Jones pleads guilty: Former NBA star implicated in major gambling scandal-Here's what he saidFormer NBA player and coach Damon Jones pleaded guilty to federal charges involving sports betting and rigged poker games. He admitted to p...
Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...
Apple CEO Tim Cook steps down; HCLTech Q4 reportAfter 15 years at the helm of Apple, Tim Cook will step down to make way for insider John Ternus. This and more in today's ETtech Top 5.
From rejecting Rs 4 cr job offer to founding a Rs 570 cr startup: How this IIT alumnus from a poor background convinced parents to make a big betAn IIT-Kharagpur graduate rejected a ₹4.3 crore job and Stanford PhD to co-found Giga, an AI startup that recently raised $61 million. Desp...
US judge blocks Arizona criminal case against Kalshi at CFTC's requestIn a notable turn of events, Arizona's criminal case against the innovative prediction market, Kalshi, has been suspended by a federal judg...
US prediction market players make a play for Indian IPL fansIndian fans are turning to US platforms like Polymarket and Kalshi for IPL betting. These sites allow wagers on match winners and player st...
Govt cracks down on illegal gambling, betting websites; 300 such sites, apps blockedThe blocked sites and apps are related to online sports betting platforms; online casinos offering slots, roulette, live dealer tables; bet...
India cracks down on illegal betting apps, blocks 300 platforms: ReportAuthorities have blocked approximately 300 illegal gambling and betting websites and applications. This action is part of a broader effort ...
Govt blocks 242 illegal betting, gambling website linksIndia's government has taken strong action, blocking 242 illegal betting and gambling websites. This follows a ban on real money gaming app...
Actor Vijay Deverakonda appears before ED officials in online betting linked PMLA caseActor Vijay Deverakonda appeared before the Enforcement Directorate (ED) in Hyderabad for questioning in a money laundering case linked to ...
Significant improvement in tackling online gambling, betting activities: Ashwini VaishnawResponding to supplementaries during the Question Hour, the minister asserted that whenever any instances of violations come to the notice ...
India is witnessing significant surge in illegal betting, gambling; 1.6 billion visits in just 3 months: ReportIllegal betting and gambling activities in India have surged, with digital platforms seeing over 1.6 billion visits in three months. Despit...
CCPA warns celebrities, influencers to refrain from promoting betting, gamblingThe Central Consumer Protection Authority (CCPA) has issued an advisory warning celebrities and influencers against endorsing illegal betti...
Illegal betting and gambling: Tax authorities losing Rs 2 lakh crore annually, says reportIllegal betting activities related to the Cricket World Cup 2023 in India are causing significant tax losses, with an estimated inflow of R...