In the video, a man identifies himself as Shubham Soni and claims he is the owner of the Mahadev Book betting app.
'The larger and more opaque this shadow economy becomes, especially online, the greater the risk to India's national security.'
The Enforcement Directorate may also file a fresh chargesheet in this multi-crore money laundering case soon, they said.
Italy's new soccer match-fixing scandal gained momentum, when legal testimony showed former Atalanta captain and Italy midfielder Cristiano Doni admitting his role in illicit betting.
The Enforcement Directorate on Friday claimed that a forensic analysis and a statement made by a 'cash courier' have led to "startling allegations" that Mahadev betting app promoters paid about Rs 508 crore to Chhattisgarh Chief Minister Bhupesh Baghel so far, and that "these are subject matter of investigation".
"We in the satta bazaar trust Sonia Gandhi's manoeuvring skills. Now that it has become a major ego issue for the UPA, Mamata will be isolated. UPA may manage to get Mukherjee elected as President with the help of Mayawati and other smaller parties," said a bookie from Delhi
Former Pakistan Test off-spinner and current umpire Akram Raza has been arrested after police conducted a raid to bust a gang of bookmakers taking illegal bets on the ongoing Indian Premier League matches.
'There is responsibility to make great games that are played by audiences, that fill the gap from an entertainment perspective.'
The Supreme Court declined to examine a plea challenging a PMLA provision, stating the issue lies in the law's abuse, not the law itself. The court allowed the petitioner to approach the High Court if procedures weren't followed.
Odds on Romney rose to as high as Rs 20 against every Rupee and fell to as low as five paise on Obama.
Bets of nearly Rs 500 crore have been accepted in the satta bazaar or the illegal betting market over the past two days, with punters riding high on odds that the Congress-led United Progressive Alliance government will survive a confidence or trust vote in Parliament.
If the gambling is legalised in a controlled manner in India, thousands of crores (billions) of rupees in black money involved in the illegal gambling activity currently could be made available to the legal economy.
Match-fixing and illegal betting are the biggest threats to the future of soccer, UEFA president Michel Platini said on Monday.
The Pakistan spot-fixing scandal has once again shone the spotlight on illegal betting in the sub-continent and reopened the debate on the legalisation of gambling in India.
BCCI ACU chief calls for match-fixing law, legalised betting to contain corruption
It said a "sudden rise" in terrorist-financing investigations was seen in 2023 and this was attributed to events arising out of incidents in Manipur that led to such probes in more than 50 cases.
They are understood to have promoted the Mahadev app and some had entertained guests at a wedding of a promoter of the app (application) that was held abroad.
The ministry said the advisory has been issued in larger public interest and comes in the light of instances of a number of advertisements of online betting websites/platforms appearing in print, electronic, social and online media.
The Centre on Monday issued advisories to news websites, OTT platforms and private satellite channels asking them to refrain from carrying advertisements of offshore betting sites. "...the private satellite television channels are strongly advised to refrain advertisements of online offshore betting platforms and/or their surrogate news websites or any such product/service depicting these platforms in a surrogate manner," the ministry of information and broadcasting advisory said. It also warned private satellite television channels of penal action under applicable laws for violation of the advisory.
The Burman family, which runs Dabur Group, has denied any involvement or role in an illegal cricket-betting app as alleged by the Mumbai police in a complaint filed last week. The family said vested interests were behind the police complaint and they wanted to scuttle their (Dabur's) move to acquire Religare Enterprises, a financial services company. "We have not received any formal communication on any such FIR
If the spot-fixing scandal in cricket and the revelations around it prove anything, it is that the time has come to legalise betting in India, feels Ayaz Memon.
Prior to the strike, bookies were expecting 200-230 seats for the BJP in the coming polls, for which they were offering 1:1 odds (Re 1 win for every rupee bet). But now they are anticipating 245-251 seats for the party and over 300 for the NDA, more than enough to form the next government, reports Rajesh Bayani.
Rishabh Pant rolled his arm over, as he challenged Jasprit Bumrah to survive his medium pace bowling.
Match-fixing and illegal betting exist in Spanish soccer and some authorities have yet to recognise the problem, a vice president of the country's professional league (LFP) said on Tuesday.
'Where betting is legalised it is heavily regulated and they work in close conjunction with us, so it does assist us' 'Sometimes these corruptors are like paedophiles and what I mean by that analogy is that they are prepared to spend a long time particularly grooming young players'
The raid was made collectively by the crime branch and police on the tip-off received by the Board of Control for Cricket in India (BCCI) vigilance.
In line with most of the exit poll predictions, bookies in Delhi feel the ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) will get more than 340 seats in the Lok Sabha polls while the Indian National Developmental Inclusive Alliance (INDIA) may secure around 200 seats.
The CBI has booked seven suspected punters in connection with two separate cases related to alleged fixing of matches in IPL 2019 "based on inputs" from Pakistan, officials said on Saturday.
With betting in Indian Premiere League tournament estimated to be around Rs 66,000 crore business, Central Bureau of investigation Director Ranjit Sinha today said there is no harm in legalising betting as there was no point in a ban which cannot be enforced.
'When compared to many of America's treaty allies in Asia, Modi 3.0 is on a much stronger footing.'
Maximum cases of advertisement norms violations were reported from the healthcare sector during 2023-24, followed by illegal offshore betting and personal care categories, according to the Advertising Standards Council of India's (Asci's) Annual Complaints Report released on Wednesday. The healthcare sector accounted for a maximum 19 per cent or 1,569 of 8,229 advertisements scrutinised by Asci during the year. Illegal offshore betting accounted for 17 per cent, while the share of personal care advertisements was 13 per cent.
'Legalised election betting would drive black money and satta operators out of business while creating a more level and transparent playing field for politics,' argues Devangshu Datta.
If error margins and confidence intervals are accounted for, even apparently decisive polls are not "sure things" and that brings us to bookies, who don't believe in any "sure things", says Devangshu Datta
The ED said Das stated that his first statement given to the agency on November 3 last year in which he cited Baghel's name was "true and correct".
It said Naisar Kothari, a resident of Bhavnagar in Gujarat, was arrested under sections of the Prevention of Money Laundering Act (PMLA) and he has been sent to the ED custody till December 22 by a court.
India should legalise betting to stamp out corruption in cricket, says former England captain Geoffrey Boycott.
Football's governing body FIFA has banned 74 Italian and South Korean officials and players from world football on charges of match-fixing.
Former chairman of the Sri Lankan cricket board T Sumathipala on Monday rejected Arjuna Ranatunga's allegations that he was involved in placing bets on Indian Premier League matches and threatened to sue the World Cup winning ex-captain.
Given the Indian electoral system, the racecourse totaliser (tote) would be a near-ideal model for election betting.
