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ILLEGAL SPORTS BETTING
Kalshi to collect employment info from customers trading in some high-risk marketsKalshi will now assign a score to new markets, and the score will determine how much Kalshi believes that particular market is at risk of i...- 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 ...
- 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...
- 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 ...
- Chauncey Billups, Terry Rozier among other NBA players arrested for illegal gambling - here's how they operatedFBI NBA investigation: NBA coaches Chauncey Billups and player Terry Rozier were arrested by the FBI. Investigations revealed illegal gambl...
- Sports betting in US: These US states make the most in taxes from sports gamblingSports betting is currently legal in 38 states in the US but some particular states wager the most income out of it, be it from Super Bowl ...
- Illegal betting sites start new innings as IPL action picks upIllegal sports betting sites like Parimatch, and 1XBet target IPL fans with discounts. E-Gaming Federation seeks government ban due to tax ...
- 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...
- Fun, games and money: Legalising online sports betting can make India richer by Rs 19,000 crFICCI estimates that around Rs 3 lakh crore changes hands every year - through bookies, websites or tech-enabled channels.
- Dabba trades and satta bazaar go for a tossDabba is derived from bucketing, the most infamous way to trade in stocks in the US, before the SEC came into existence.
- The case for legalized cricket betting; it's not what you thinkOn January 4, a three-member panel appointed by the Supreme Court also recommended legalising cricket betting in India.
- Lodha wants cricket betting legalised, but who will bell the cat?“A recommendation is made to legalise betting (with strong safeguards), except for those covered by the BCCI and IPL regulations," the repo...
- Supreme Court's judgment against the irregularities in functioning of the BCCI can help in cleaning-up the gameIn a move that was quite unexpected, the SC was extremely severe in its ruling on the BCCI-IPL conflict of interest and illegal betting iss...
- CBI to have specialised unit to probe sports fraudTaking note of the growing menace of corruption in sports, CBI will soon set-up a specialised unit to handle cases related to sports fraud.
- Internet sports betting becomes criminal domainRapidly mushrooming number of illegal sports betting websites is heightening concerns among authorities about global corruption, money laun...
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