IPL Betting Scam: Rs 5,000 Crore Illegal Business Feared, Government Ban Ignored
IPL Betting Scam: Rs 5,000 Crore Illegal Business Feared, Government Ban Ignored
- •Despite a government ban, illegal betting platforms are gearing up for IPL, with an estimated business of Rs 5,000 crore.
- •The Online Gaming Promotion and Regulation Act, 2025, bans all gaming apps involving monetary transactions.
- •Foreign apps aggressively target Indian users through Telegram promoters, influencers, and affiliate marketers.
- •Enforcement agencies like ED, Income Tax, and cybercrime units are monitoring the situation, expecting action soon.
- •Over 8,000 illegal betting websites have been blocked, but new ones emerge quickly, powered by strong promotion networks.
