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ILLEGAL BETTING AND GAMING
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...- 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...
- Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
- 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.
- 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 ...
- Nithin Kamath suggests how to curb offshore betting apps mushrooming after real money gaming banFollowing India’s ban on real-money online gaming, offshore betting apps are rapidly growing. Nithin Kamath warns they target Indian users,...
- 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...
- Online betting app case: Actor Rana Daggubati appears before SIT in TelanganaActor Rana Daggubati appeared before Telangana’s SIT over alleged promotion of an online betting app. The state, under the Gaming Act 2017,...
- Online betting app case: Actor Prakash Raj questioned by SITActor Prakash Raj appeared before the Telangana SIT regarding his involvement in promoting an online betting application. He stated he with...
- Sonu Sood appears before ED in betting app linked PMLA caseActor Sonu Sood faced questioning by the Enforcement Directorate. The investigation relates to money laundering connected to 1xBet. Several...
- High taxes, selective bans drive 30% growth in illegal online gambling in India, says studyThe illegal betting market, already thriving in India, is expected to grow by 30% in the coming years, as per a new study. Inadequate legal...
- AIGF estimates USD 2.5 bn GST loss from offshore illegal, betting firmsAIGF's Roland Landers urges swift action against offshore illegal betting, causing a USD 2.5 billion annual loss. Concerns include user har...
- India's government blocked 174 betting and gambling sitesThe Indian government has blocked 581 applications, including 174 betting and gambling app, Pankaj Chaudhury, the minister of state for fin...
- Government issues orders to ban Mahadev, 21 other illegal betting appsThe ministry of electronics and information technology on Sunday issued the order to block the operations of the Mahadev betting app, reddy...
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