No more bets: India's sporting fans deserve better
4 days, 10 hours ago

No more bets: India's sporting fans deserve better

India Today  

In a fantasy game's new advert that has just hit social media platforms, movie stars and top-line Indian cricketers are seen together in a cozy, luxurious setting that gives off a sense of opulence and sophistication, an overall sense of luxury. For the platforms, a ubiquitous presence on the Indian sporting landscape, especially in cricket, it has been a hard grind knowing that other sites operating outside of the country, masquerading as the real thing has been hitting bottom lines of not only the legitimate gaming companies but potentially wiping off tax revenue losses exceeding Rs 2 lakh crore each year. But a parallel underground ecosystem of illegal betting platforms, exploiting regulatory loopholes and digital anonymity, has overshadowed not just the country's online gaming industry, but also its most popular sport. Estimates peg India's illegal betting market at around Rs 8.2 lakh crore annually, resulting in potential tax revenue losses exceeding Rs 2 lakh crore each year. Reports from the Advertising Standards Council of India have repeatedly flagged instances where influencers, media platforms, and advertisers have promoted illegal betting sites, misleading consumers by blurring the lines between what is legitimate and illegitimate.

History of this topic

Betting apps are like organised mafias, says Sajjanar
18 hours, 24 minutes ago
Rana Daggubati, Prakash Raj, Vijay Devarkonda and others booked for promoting illegal betting apps
Trending News
1 day, 3 hours ago
India is witnessing significant surge in illegal betting and gambling; 1.6 billion visits in just three months: Report
6 days, 1 hour ago
Ahead of IPL 2025, civil societies call for tighter regulation on fantasy sports, urge Finance Ministry action
2 weeks, 5 days ago
Mahadev app betting case: Enforcement Directorate attaches fresh assets worth ₹388 crore
3 months, 2 weeks ago
Online gambling in India: A crisis unfolding behind screens
4 months, 1 week ago
Government Must Establish Whitelist to Curb Money Laundering in Online Gaming
4 months, 3 weeks ago
Cryptocurrency and Offshore Betting: A Money Laundering Threat in the Online Gaming Ecosystem
4 months, 3 weeks ago
The fight against illegal online activities: Policy responses for a safer digital environment
7 months, 3 weeks ago
The fight against illegal online activities: Policy responses for a safer digital environment
7 months, 3 weeks ago
Safeguard consumer interest: Whitelist online gaming platforms
8 months ago
Safeguard consumer interest: Whitelist online gaming platforms
8 months ago
The 'Unfair Play Award' Goes to Illegal Betting Platforms
9 months, 3 weeks ago
How Karnataka man's Rs 1 crore losses in IPL betting drove his wife to suicide
11 months, 3 weeks ago
Centre cautions social media influencers against endorsing offshore online betting, gambling platforms
1 year ago
Decoding India's Online Gaming Landscape: Skill, Chance, and Regulation
1 year ago
Karnataka to come out with legislation to curb cricket betting and online gaming, says Home Minister Parameshwara
1 year, 1 month ago
Online Betting Addiction Affecting Youth Adversely
1 year, 2 months ago
Amid Mahadev Book link-up, Bhupesh Baghel writes to PM seeking ban on betting apps
1 year, 3 months ago
India's online gaming industry gains with increased user spending
1 year, 4 months ago
Online gaming platforms: the risk of a fantasy
1 year, 4 months ago
Mumbai: Mahadev App's Subsidiary Lotus Named in World Cup Betting Racket; 22 Held in 17 Cases
1 year, 4 months ago
Ranbir Kapoor not summoned as accused but to understand Mahadev money laundering scam: Report
1 year, 5 months ago
Mahadev betting case: ED seizes assets worth Rs 417 crore
1 year, 6 months ago
Evolving Legal Framework Of Online Skill-Based And Chance-Based Games
1 year, 6 months ago
Govt issues fresh guidelines against online gambling ads ahead of Asia Cup 2023
1 year, 6 months ago
Centre issues fresh advisory against advertisements on online betting platform
1 year, 6 months ago
Only intention of online gaming companies is to make money through inducements and addiction, Tamil Nadu govt. tells Madras High Court
1 year, 7 months ago
Video-gaming firms write to PMO seeking distinction from real-money gaming industry
1 year, 7 months ago
Explained | Will 28% GST on online gaming affect its growth?
1 year, 8 months ago
I&B ministry mulls taking action against illegal betting apps using outdoor advertising
1 year, 10 months ago
Govt amends IT rules 2021, lays out norms for online gaming
1 year, 11 months ago
TDS Changes On Online Gaming: A Boon Or A Bane For 20 Crore Gamers?
2 years, 1 month ago
Why MeitY Should Play It Right When Selecting India's Gaming Rules
2 years, 2 months ago
Google Says It Does Not Allow Any Ads That Promote Online Gambling in India
2 years, 3 months ago
Centre asks Google to stop publishing online betting ads
2 years, 3 months ago
Google told to drop advertisements of online betting firms
2 years, 3 months ago
Government plans federal oversight of all real-money online games: Report
2 years, 3 months ago
65% of Indians dub fantasy sports as online gambling: Survey
2 years, 3 months ago
1 In 2 Indians Want Fantasy Gaming Loss Limit Of Rs 50-500 Per Game: Survey
2 years, 3 months ago
Fantasy Gaming: 1 in 2 Indians Want Loss Limit of Rs 50-500 Per Game
2 years, 3 months ago
More than 50 per cent Indians want loss limit of Rs 50-500 per game for fantasy gaming- Survey
2 years, 3 months ago
Online betting platform advertisements still visible on TV and digital media: I&B Ministry
2 years, 5 months ago
India panel calls for regulatory body, new law for online gaming
2 years, 6 months ago
Information and Broadcasting Ministry issues advisory against ads promoting online betting
2 years, 9 months ago
I&B Ministry advises media to refrain from publishing advertisements promoting online betting
2 years, 9 months ago
Centre asks print, digital & electronic media to refrain from online betting ads
2 years, 9 months ago
DC Edit | Cricket’s betting monster back
2 years, 10 months ago
Betting racket busted: CBI probes IPL fixing racket with Pakistan link
2 years, 10 months ago

Discover Related