Betting

Lucky guess or insider knowledge? Mystery trader turns Polymarket bet into Rs 4 crore after US-Israel strikes on Iran

Blockchain records show the wallet committed $235,947 to the bet at that stage. Once the strikes were confirmed, the market settled and the trader collected more than $431,000.

Will US strike Iran? From Khamenei’s exit to all-out war, how online prediction markets are seeing millions in bets

Event contracts tied to potential US strikes before January 18 and January 23 have together attracted more than 40 million dollars in trading volume over the past month.

ED attaches assets of Yuvraj Singh, Sonu Sood, Urvashi Rautela's mother, others in betting case

The properties of actor Neha Sharma, mother of model Urvashi Rautela and Bengali actor Ankush Hazra have also been attached

ED widens probe in 1xBet betting app case, summons Yuvraj Singh, Uthappa, Sonu Sood

The Ministry of Electronics and Information Technology ordered the blocking of several betting and gambling apps, including 1xBet

Is banning the online money gaming industry justified?

The Indian government's Promotion and Regulation of Online Gaming Bill, 2025 represents a regulatory overcorrection that threatens to destroy most of the country's gaming market as well as thousands of jobs.

Govt’s draft online gaming bill seeks regulator to promote e-sports, online social games: Sources

The draft bill "Promotion and Regulation of Online Gaming Act, 2025' is aimed at promoting competitive gaming as a legitimate sport

Sebi likely to investigate listed companies involved in Mahadev money laundering case

The Enforcement Directorate’s investigation centers around the claim that funds generated from the Mahadev Betting App were routed out of India and later re-invested into Indian shares through FPIs operating from jurisdictions like Dubai and Mauritius.

Karnataka govt will bring in new law to regulate online betting, gambling: Home Minister

Speaking to reporters here, he said, a committee of senior officials and industry representatives has been constituted and it has been given a month's time to submit a draft of the proposed bill.

Arbaaz Khan's major controversies: From his alleged IPL betting to divorce with Malaika Arora and relationships with girlfriends

Arbaaz Khan, a well-known Bollywood actor and the brother of superstar Salman Khan, has been no stranger to controversies throughout his career. From his high-profile divorce to his involvement in betting scandals and extramarital affairs, Arbaaz's life has often been under intense public and media scrutiny.

Online betting should be included as scheduled offences under PMLA: Report

The report titled ‘Curbing betting and gambling in India—A national security imperative’ is authored by Rashtriya Raksha University under the Ministry of Home Affairs, which was established by the Parliament Act No. 31 in 2020.

Actor Sahil Khan arrested in Mahadev betting app case, Ranbir Kapoor, Kapil Sharma and others summoned earlier; All you need to know about the app

Actor Sahil Khan, who was arrested today after his plea for pre-arrest bail was denied, claimed to be merely a brand promoter and not directly involved with the app’s operational aspects. Mumbai’s Cyber Cell and the ED are carrying out the investigation.

Karnataka: Woman commits suicide after husband loses Rs 1.5 cr in IPL betting

The woman took the extreme step after her husband, an assistant engineer with Karnataka’s irrigation department in Hosadurga, Chitradurga, allegedly lost around Rs 1.5 crore in IPL betting

CBI closes 2019 IPL betting cases over lack of evidence

The agency had filed two FIRs in May 2022 against seven people after receiving information that "a network of individuals involved in cricket betting are influencing the outcome of Indian Premier League (IPL) matches based on inputs received from Pakistan".

Ministers to discuss ways to curb money laundering in online gaming before general elections: Sources

The agenda of the first meeting of the ministers has been set in view of the recent Mahadev online gaming app embroiled in a money laundering controversy.

Mahadev Betting App Scam: Courier retracts statement against Chhattisgarh CM

Alleged cash courier, Asim Das, retracts statement, claiming framing in Mahadev app case; denies delivering cash to politicians, challenging ED's narrative.

FairPlay App betting app: Rapper Badshah questioned by Maharashtra Police cyber cell

Badshah's alleged association with an online betting app has come to light, just a week after the ED filed its first chargesheet in connection with its money laundering investigation into the Mahadev betting app case that surfaced in Chhattisgarh recently.

Online betting ads: Govt to introduce norms to adhere to Code to Advertising in IT Rules

The move comes after the government sent multiple advisories to platforms urging them not to host advertisements of online betting entities

ED files first chargesheet in Mahadev betting app case

The prosecution complaint was filed by the federal probe agency before the special Prevention of Money Laundering Act (PMLA) court in Raipur on Friday, official sources said.

GST Council Meet: Govt says not taxing online gaming firms retrospectively as states flag concerns

Previously, online gaming companies paid 18 percent tax on the platform fees because the law was ambiguous, while betting and gambling always fell under the 28 percent slab.

Are gaming firms facing retrospective taxation? Maybe in essence, but not in law

The government says the tax notices follow a clarification of the law rather than a change and the demand for dues is not retrospective in nature.

Centre warns media outlets of action over advertisements of gambling platforms

In an advisory issued to newspapers, television channels, digital media, social media platforms, the Ministry of Information and Broadcasting asked them to immediately refrain from showing advertisements/promotional content of betting and gambling platforms in any form.