IPL Betting: Illegal betting and gambling crossing 100 billion dollars every year


Illegal betting and gambling: The Indian Premier League (IPL) 2025 schedule has been released. It is going to start from 22 March and the final is on 25 May. During this, experts have warned that illegal betting and gambling will once again reach their peak during the IPL season. According to a report by the Digital India Foundation, illegal betting and gambling in the country accumulate more than $ 100 billion every year and it is increasing at a rate of 30 percent annually.

Traffic remains so much on betting platform

The report said that four betting platforms like Parimach, Stake, 1x Bet and Battery Bet got 1.6 billion visits in just three months between October and December 2024. During this period, the visit of social media platforms like Facebook, Meta and Telegram on these four platforms was 42.8 million. It was also said in the report, it comes from traffic paid advertising. Such as Facebook ad network, promoted content, marketing, social media, etc.

This is how propagation is done

Using the operators search engine optimization of the illegal betting app, ‘Best IPL Betting Site’ or ‘Online Casino without KYC’ promotes their site with the tag line so that people get into their deception. They also use apps like WhatsApp and Telegram fiercely. People whose number of followers are in millions, they also use their account to promote such betting app.

Talking to CNBC-TV, Arvind Gupta, founder of Digital India Foundation, said that most of these betting apps are used to invest in many illegal activities such as for campaigning abroad or money laundering etc. He further said, people in India many times fall prey to fraud on such a site. The report blamed social media platforms for advertising such illegal betting and gambling platforms. It was also said that taking money for such advertisements should be banned.

Also read:

Will Musk’s entry of Tesla in India easier? America’s demand car imports on zero ho tariff

(Tagstotranslate) Business News (T) IPL 2025 (T) IPL Betting (T) Illegal Betting (T) IPL News (T) Betting Platform (T) Betting Platform (T) IPL Betting (T) IPL 2025 (T) Business News



Source link

  • support@headlinenews360.com

    Related Posts

    China’s new weapon became Tiktok against America … Dragon of big brands is being launched

    The ongoing trade war between the US and China has now reached social media. But this time it is not about dance video or beauty hacks, but is going to…

    Conflict between government and electronics companies over e-waste management

    E-Waste Management: South Korean companies LG and Samsung have filed a lawsuit against the Government of India to cancel the policy enhancing the payment to electronic-waste recycles. They are challenging…

    Leave a Reply

    Your email address will not be published. Required fields are marked *