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Betting ban in India: Protection of public or underground market rise?

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2025.10.28
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From 1 October 2025, a law banning real-money gambling came into effect in India. The country now faces a crossroads of economic and social interests. The authorities justify this decision as necessary to protect citizens from gambling addiction, fraud, and money laundering. However, the financial consequences of this approach could be significantly larger, ranging from lost investments in the sports industry to the growth of the shadow market.
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