IPL 2025 |🏏Online Cricket Betting and Gambling | 10,000 Crore on Stake |
IPL 2025 |🏏Online Cricket Betting and Gambling | 10,000 Crore on Stake | @BIZCHACHA @Rakshit Singh
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Just before the start of Indian Premier League (IPL), FIR was registered against Rana Daggubati, Vijay Devarkonda, Prakash Raj, Manchu Lakshmi, Pranitha, Nidhi Agarwal, Ananya Nagella of Telugu film industry for promoting online betting apps. With the start of IPL, gambling and betting has also started across the country and now about 4,000-5,000 crore rupees or even more of people will be lost in this IPL.
According to a report by Digital India Foundation, every year illegal betting and gambling deposits in India have crossed the figure of 100 billion dollar i.e. Rs 10,000 crore. And every year it is increasing at the rate of 30%. IPL is the peak season of illegal betting and gambling in India. According to the report, during just three months i.e. between October to December 2024, just only 4 betting platforms have received 1.6 billion visits. These four betting platforms are - parimatch, stake, 1x bet and batterybet. Online gambling and betting operators have become active in the Indian Premier League. According to an estimate, betting and gambling worth more than Rs 4,000 crore may take place this season.
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