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BETTING ADDICTION
Kalshi bars India users after govt bans prediction marketsUS-based prediction market Kalshi has now officially restricted Indian users from trading, following government action against such platfor...- EU bets on digital euro to cut US tech addictionThe EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...
- AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...
- Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
- Supreme Court backs Tamil Nadu, Karnataka online gaming laws on online rummy, poker with stakesThe Supreme Court has affirmed states' authority to control and prohibit online gaming involving betting. This decision overturns earlier H...
- 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 ...
- How new online gaming rules will change your income tax and legal exposure depending on the kind of game you playAn online game is any game played on a phone, laptop, or digital device, operated through software using the internet or any form of electr...
- 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.
- Petrol may vanish from your nearby pump, but that would be fineIndia is accelerating its move away from petrol and diesel, signaling a post-fossil fuel era for transport. Driven by economic, environment...
- Why smart people choose wrong careers: Overconfidence, prestige traps, and 5 signs it’s time to switchBrilliant students often get stuck in careers, while average performers thrive. This happens because intelligence is an engine, not a drive...
- Maachh, Mandate & Missing Names: Bengal’s voter list goes off the menuVoter lists in West Bengal have seen many names removed. This has caused anger and accusations of conspiracy. Many believe this is a delibe...
- How an Italy-returned MBA grad exposed Insta cricket betting scam after losing Rs 50 lakh and a friendCyberabad police cracked down on illegal online cricket betting, arresting five influencers who lured Telugu youth to offshore platforms. A...
- US gambling crisis feared as online betting risesLegalization of sports betting in over 38 states since 2018 has resulted in rising gambling addiction, especially among young men. Revenue ...
- Sandro Tonali likely to play against Wolves despite 10-month ban. Newcastle boss Eddie Howe gave this reasonThe Italian Football Federation banned Sandro Tonali on Thursday for breaching betting rules. However, the Newcastle player is likely to pl...
- Sandro Tonali faces 10-month football ban for betting violations, Euro 2024 dreams dashedThe investigation conducted by the Italian Football Federation (FIGC) implicated several other players, including Juventus midfielder Nicol...
- Newcastle Midfielder Sandro Tonali faces police probe and potential ban after agent reveals gambling addictionNewcastle midfielder Sandro Tonali is facing a police probe and a potential ban due to his gambling addiction, according to his agent. The ...
- UP conversion case: Key accused Shahnawaz Khan sent to 14-days judicial custodyShanawaz Khan, the main accused in the Ghaziabad gaming app conversion racket, has been sent to judicial custody for 14 days by a Ghaziabad...
- UK unveils gambling industry overhaul for digital ageA new statutory levy will require gambling companies to fund more research, education and treatment for addiction.
- Government releases norms for online gaming, prohibits games involving bettingThe minister said that the SROs will be denotified if they don't follow the rules. When asked about some apps that promise monetary rewards...
- Govt must regulate online gaming industry: Rajya Sabha member Sushil Kumar ModiThe BJP member said more than 43 crore people are into online gaming currently, and the number is projected to increase to 65.7 crore by 20...
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