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Indian Govt To Introduce Stricter Ad Rules For Online Betting
Startup News FYI
ยท
1y ago
Medial
The Indian government plans to implement stricter regulations on online betting advertisements by introducing a Code of Advertisements under the Information Technology Rules. These guidelines will be part of the Digital Media Ethics Code Rules, primarily targeting publishers of news, current affairs, and curated online content. The government has been emphasizing compliance with the advertising code through advisories sent to betting platforms and has previously banned Chinese betting apps. The move aims to address the increasing prevalence of online betting ads and their potential risks.
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Govt issues advisory against betting/gambling ads
IndianStartupNews
ยท
1y ago
Medial
The Ministry of Information and Broadcasting in India has instructed media entities, online ad intermediaries, and social media platforms to abstain from featuring advertisements or promotional content related to betting or gambling. Failure to adhere to the advisory may lead to "appropriate actions" under various statutes. The move aims to prevent both direct and indirect advertising of games that qualify as betting or gambling, due to their financial and socio-economic risks, especially for youth and children. The ministry warns that such advertisements might be linked to money laundering networks and black money usage.
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Centre planning to raise odds against illegal betting companies
Economic Times
ยท
1y ago
Medial
The Indian government is considering tighter rules for UPI transfers to curb illegal gambling and betting platforms operating in India. It has discovered 114 such illegal platforms and plans to implement measures including tax collection at source, blocking unregistered online gaming firms, and a stricter verification process. These platforms are using proxy bank accounts to collect UPI payments and then remitting the funds through illegal channels. Offshore platforms like Parimatch, Fairplay, and Dafabet are among those operating illegally, using surrogate news websites and changing payment proxies to avoid detection.
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Govt bullish on online gaming sector: MoS IT Rajeev Chandrasekhar
Economic Times
ยท
1y ago
Medial
The Indian government is optimistic about the online gaming sector, aiming to support and encourage its growth. The IT Minister stated that once it settles in its third term after the 2024 elections, the government plans to allow safe and trusted permissible gaming. The minister expressed the need for a framework to distinguish between online gaming and illegal activities such as betting and money laundering. He also warned entrepreneurs to comply with rules and regulations and mentioned the case of Byju's as an example of growing too fast without maintaining corporate discipline. Additionally, the article mentions India's progress in attracting semiconductor manufacturing investments and highlights the country's involvement in artificial intelligence (AI) development.
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Govt issued 1,524 blocking directions for online betting, gambling platforms: MoS IT - The Economic Times
Economic Times
ยท
16d ago
Medial
From 2022 until June 2025, the Indian government issued 1,524 blocking directions for online betting and gambling platforms, as informed by Minister of State for Electronics and IT, Jitin Prasada, in response to the Lok Sabha. These actions aim to ensure a safe and accountable internet. The measures are supported by the Information Technology Act and the IGST Act, with states holding primary responsibility for regulating betting and gambling as itโs a state subject.
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Big Tech to face tougher rules on targeted political ads in EU
Economic Times
ยท
1y ago
Medial
Tech giants like Facebook, Google, and Twitter may face tougher regulations on targeted political ads in the European Union (EU). The EU is currently considering proposals to impose stricter rules on online platforms to protect the integrity of political elections. These rules could include increased transparency requirements, stricter rules for micro-targeting, and limitations on data collection and use for political advertising. The objective is to prevent the spread of disinformation and ensure fair and transparent elections in the digital age.
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Govt issues orders to ban 22 illegal betting apps
Economic Times
ยท
1y ago
Medial
The Indian government has banned 22 illegal betting and gambling apps and websites, including the controversial app Mahadev Book Online. The Ministry of Electronics and Information Technology (MeitY) issued the order to block these apps and websites following investigations conducted by the Enforcement Directorate (ED) against Mahadev Book's unlawful operations. The ED had seized assets worth INR 417 crore in connection with the app in September and alleged that it made INR 450 crore per month by offering illegal bets through various online applications.
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Govt plans 'risk-based' age-gating for social media, experts explain importance
Livemint
ยท
1y ago
Medial
The Indian government is considering a risk-based framework for social media and internet platforms to implement age-gating and parental consent systems. The plan aims to prevent minors from accessing inappropriate content and protect them from online predators. The framework may involve age verification using DigiLocker, Aadhaar-based authentication, digital tokens, or app store level verification. The government is emphasizing the need for stricter age-gating on social media platforms due to the higher potential for stranger-child interactions compared to other platforms like education apps or websites.
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Hari Shankar Tibrewala owned shares in these 14 companies. Now govt owns them.
Livemint
ยท
6m ago
Medial
The Enforcement Directorate (ED) has seized shares from Hari Shankar Tibrewala in 14 public companies amid an investigation into stock market manipulation linked to the illegal Mahadev Online betting app. Tibrewala allegedly used Dubai-based entities to manipulate stock prices and invest gambling proceeds in the Indian stock market via foreign portfolio investment. While some associated entities still hold shares, the probe mainly targets Tibrewala, raising concerns over small-cap stock market valuations.
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Centre Warns Influencers Against Endorsing Offshore Online Betting And Gambling Platforms
Inc42
ยท
1y ago
Medial
The Ministry of Information and Broadcasting in India has advised endorsers and influencers on social media to avoid promoting offshore online betting and gambling platforms, including surrogate advertisements. The ministry has also cautioned online advertisement intermediaries against targeting Indian audiences with such promotional content. Failure to comply with this advisory may result in penalties, including the removal of social media posts or accounts and potential legal action. Online gambling and betting are illegal in most parts of India under the Public Gambling Act. The Central Consumer Protection Authority has also expressed concerns about endorsements of betting platforms by celebrities and influencers.
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K'taka Protesters Demand Ban On Online Rummy Games
Inc42
ยท
9m ago
Medial
A social activist organization called Namma Karnataka Sene recently organized protests outside the District Collector's Office, claiming that hundreds of youths in Karnataka are gambling with real money on online games. They believe that these individuals are at a higher risk of developing addiction. In response to this issue, the Karnataka home minister had previously stated that the state would establish rules to control cricket betting and online gaming.
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