Authored by Lt General Vinod G. Khandare and Vinit Goenka, the white paper illuminates the significant implications of unchecked illegal gambling.
The findings highlight the importance for proactive policy frameworks to combat illegal gambling effectively.
In Short
- Illegal betting market in India deposits $100 billion annually
- Report highlights risks from offshore gaming, betting, gambling apps
- Illicit betting linked to foreign entities, raising security concerns
The illegal betting market in India is estimated to receive deposits worth $100 billion annually, with a projected growth rate of 30%, suggests a report by Centre for Knowledge Sovereignty (CKS).
Titled “Illegal Gambling and Betting in India: Risks, Challenges, and Responses,” the report highlights the critical risks posed by offshore gaming, betting, and gambling apps to national security, data sovereignty, and financial integrity.