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Rs 1 Crore Lost Daily in Online Betting Apps Ban Impact in India

Rs 1 Crore Lost Daily in Online Betting Apps Ban Impact in India
Saralnama

After the Lok Sabha passed the Promotion and Regulation of Online Gaming Bill, 2025, hundreds of gambling apps were shut down. This ban caused Dream11 to stop sponsoring Team India before the Asia Cup. YouTuber Gaurav Taneja said many people lost large amounts of money, sometimes up to Rs 1 crore a day, and are seeking help. The ban aims to stop social harm and money laundering linked to these apps. Experts warn that gambling is addictive and mainly affects young men and low-income groups. The ban may not end gambling but could protect vulnerable youth. The online gaming industry in India is worth $9 billion and pays over Rs 20,000 crore in taxes. The government wants to stop online money games to reduce harm and illegal activities. (Updated 27 Aug 2025, 14:53 IST; source: link)