Subhechcha Ganguly 
Seeing a significant increase in betting platforms, apps, and websites being advertised by your favourite influencers or pages? Well, it will soon come to an end.
While the ministry of information and broadcasting has been keeping an eye on illegal betting applications for some time and forbidding them from advertising on TV and other forms of media, the ministry has placed more emphasis on stopping these enterprises from taking advantage of users.
The Ministry of Information and Broadcasting urged all parties, including media outlets, online ad middlemen, and social media platforms, to stop immediately broadcasting advertisements or promotional content on betting or gambling in whatever format. This advice was issued on Friday, August 25.
The ministry states that “the recent Central Government action against a network of agents who had amassed significant sums of money from users of gambling apps and had later funnelled the funds out of India to reiterate that advertisements of gambling or betting platforms pose significant financial and socio-economic risk for the consumers, especially youth and children. It has also been claimed that this system is connected to money-laundering networks, endangering the nation’s financial stability.
