🏏 Illegal Betting Apps Soar During Cricket Season in India 🏏

By Shailaja Trivedi

India's cricket-loving fans can't seem to get enough of the action, with over 340 million of them participating in illegal betting during major events like the IPL! 💰

The cricket betting industry in India is a massive one, accounting for a whopping 80-90% of sports betting revenues and projected to be worth over $2 billion by 2023! 🤑

These shady betting platforms operate from overseas, using loopholes to bypass Indian laws and lure in unsuspecting fans with promises of no taxes or GST on winnings! 🤫

Aggressive marketing tactics, including celebrity endorsements, make these apps hard to resist for many cricket enthusiasts. But the risks are real, my friends! 🚨

The government has taken some action, blocking 174 illegal betting apps under the IT Act. The CCPA has also warned celebs against promoting these activities. 👮‍♀️

However, the platforms simply rebrand and resurface, making it a constant game of cat and mouse. 🐱‍👤

The lack of regulation in this space is a major concern, not just for consumers but also for the legitimate online gaming industry. 🤔

It's a complex issue, but one thing's for sure: the lure of easy money and the thrill of the game will keep these illegal betting apps thriving, at least for now. 🎢