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Gambling News - 'India'
Business
May 9, 2024
Stake Doubles Down on India as IPL Betting Explodes
Stake.com, a leading crypto betting operator, continues to capitalize on the Indian market as its competitors pull out. The other companies’ loss is Stake’s win as Indian Premier League bettors have already wagered over $100 million this season alone. Some of Stake’s competitors were alienated by the GST flat tax on turnover. This notably included […]

Business
May 7, 2024
Kindred Highlights Bengaluru as Silicon Valley of India
On its way to expansion, the online gambling operator that consists of nine globally recognizable brands, Kindred Group, announced it will seek talent in Bengaluru, India. The company is establishing its new Tech Hub in the city and seeks to access the rich pool of technical experts in the region. Kindred’s new Tech Hub in […]

Industry
April 1, 2024
Indian Man Ends Own Life Over Gambling Struggles
A 29-year-old Indian man by the name of Gururajan has hanged himself over gambling, demonstrating the dangers of excessive spending. The man’s friends tried to save his life and rushed him to the hospital but it was too late. Gururajan was an employee of a BPO firm in Perungudi. His parents told the police that, […]

Industry
March 22, 2024
India’s MIB Issues Advisory Against Online Betting Promotions
India’s Ministry of Information and Broadcasting (MIB) has issued a stern advisory urging social media influencers and endorsers to abstain from promoting or endorsing offshore online betting and gambling platforms. The advisory highlights the potential financial and socio-economic ramifications associated with online betting and gambling, particularly among the youth demographic. MIB Issues Warning to Social […]

Industry
March 4, 2024
Legal Obstacles May Impact the Growth of India’s Gaming Sector
India, the country with the highest population and fifth-largest economy on the globe, can benefit significantly from legalized gambling. The worldwide availability of smartphones and easy access to the internet grants millions of users access to online gambling activities and Indians are not an exception. While the country doesn’t prohibit online betting, only a couple […]

Business
January 15, 2024
Android Allows RMG Apps in Three Markets, Announces Fee Changes
Android has officially allowed real-money gaming (RMG) apps to appear on the Google Play store in Brazil, India and Mexico. The decision will come into force on June 30, 2024. Android also allowed developers trialing RMGs in India and Mexico to continue offering their pilot products until the official launch. In line with the approval […]
Industry
January 4, 2024
India: Five Arrested in Police Operation against Illegal Gambling
Countries across the globe continuously fight against illegal gambling activities. The black market is often tied to criminal activities, including money laundering and terrorism financing but also increases violent crimes. India is one of the countries in Asia that has an ongoing dedication to fight illegal gambling. Recently, a massive raid resulted in the arrest […]
Industry
November 6, 2023
India Enforces Block against 22 Illegal Websites and Betting Apps
Countries across the globe continuously fight against illegal gambling. Such activities can include illegal retail slot machines, as well as sports wagering or illegal iGaming activities like slots, bingo, poker and others. While the popularity of iGaming continues to grow, the back market also flourishes. India is one of the countries that constantly fights illegal […]
Industry
October 27, 2023
Gambling Tax Increase in India May Shake the Sector
Earlier this year, lawmakers in India pushed forward a significant change in the taxation for online gambling. At the time, the regulatory body in charge of recommendations to the implementation of the Goods and Services Tax (GST), the Goods and Service Tax Council, greenlighted a proposal for the introduction of a 28% tax applicable for […]
Business
October 2, 2023
Super Group Exits India Following the Introduction of New Regulations
Super Group, a holding company for leading global online sports betting and gaming businesses, has announced its departure from the Indian market. The announcement comes in the wake of the introduction of amendments to the Indian Goods and Services Tax. Into power as of October 1, these changes would cause trouble for the group, making […]