Moneycontrol PRO
Loans
Loans

Betting

Jump to
  • Govt cracks down on illegal gambling, betting websites; 300 sites, apps blocked

    The blocked sites and apps are related to online sports betting platforms; online casinos offering slots, roulette, live dealer tables; betting exchanges functioning like P-2-P betting marketplaces

  • 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.

  • 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

  • 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

  • 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.

  • 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.

  • 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.

  • IPL betting racket busted by Cyberabad Police, 10 bookies held

  • How offshore betting sites are laughing all the way to the bank

  • Legal Matters | Ban on activities deemed undesirable is lazy legislation. Governments must do better

  • For IPL betting irregularities, Sportradar counts on its Fraud Detection System

  • Fantasy sports to help reduce betting in the long run: Report

  • Regulating sports betting will help weed out criminals: Congress MP Shashi Tharoor

  • Shashi Tharoor to introduce private member's Bill to regulate sports betting and penalise match-fixing

  • All India Gaming Federation writes to PM Narendra Modi seeking action against offshore betting websites

  • Law Commission report on betting and gambling 'under consideration', says Ravi Shankar Prasad

  • Opinion | Legalise betting, it’s a common sense thing to do

  • 3 arrested for betting on IPL matches

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347