Tag: gambling

Opinion Trading platforms SportsBaazi, Probo, TradeX banned in Chhattisgarh

Industry stakeholders have also voiced concerns. The Confederation of All India Traders (CAIT) previously wrote to Union Ministers Ashwini Vaishnaw and Piyush Goyal, calling for a nationwide ban on opinion trading apps.

The case originated from a Public Interest Litigation filed by petitioner Sunil Namdeo, which questioned the unchecked operation of illegal online betting platforms despite the 2022 legislation aimed at prohibiting such activities

Breaking: Supreme Court hears Centre’s ‘Seven Sutras’ on gambling in online games

The debate also touched on taxation under the Goods and Services Tax (GST) framework. Venkatraman emphasized that there is no distinction between skill and chance when it comes to GST levies.

In a methodical and strongly worded submission, Venkatraman drew upon earlier judicial rulings to stress that the presence of a financial stake—not the nature of the game—is the deciding factor in defining gambling.

Cryptos, shell firms, and fake FDI: ED report exposes India’s betting syndicates

The Enforcement Directorate (ED) had earlier claimed that ₹4,500 crore were proceeds of crime of the online gaming and betting application Fairplay that has been alleged to be involved in money laundering.

The ED report highlights that many of these platforms used manipulated algorithms. While users might initially win small sums to build confidence, they were later subjected to consistent losses.

Exclusive: PIL filed against illegal betting platforms; ASCI, celebs face scrutiny

Between April and August 2024, ASCI flagged over 700 advertisements from illegal betting and gambling companies and forwarded them to the Ministry of Information and Broadcasting (MIB)

Filed by petitioner Davinder Singh, the PIL urges the court to order the blocking and censorship of URLs, mobile apps, YouTube videos, and social media handles promoting illegal gambling activities.

Education body slams Uber India for gambling app ads on cabs

The Acharya Chanakya Educational Foundation has urged Uber India to act responsibly in protecting the interests of the nation’s youth. (Representative Image: Jack Hamilton via Unsplash)

The Foundation’s Secretary expressed deep concern over the negative impact of such endorsements, particularly with the Indian Premier League (IPL) season approaching.

CAIT demands ban on opinion trading apps, says ‘Digital Satta’ a threat to democracy

Industry stakeholders have also voiced concerns. The Confederation of All India Traders (CAIT) previously wrote to Union Ministers Ashwini Vaishnaw and Piyush Goyal, calling for a nationwide ban on opinion trading apps.

The letter stated that prediction-based opinion trading platforms allow users to bet on election outcomes, thereby posing a threat to electoral democracy.

RMG industry welcomes YouTube’s crackdown on illegal gambling content

This update builds on YouTube’s existing policy prohibiting links to external sites that violate its rules, including unapproved gambling websites.

YouTube announced that from March 19, it will no longer permit content that directs users to “unapproved” gambling websites through links, images, text, logos, or verbal references.