Maybe someone else has posted this already and I missed it, but it's pretty huge news when you consider the population size of India with the biggest population in the world and how liberal they were previously when it came to betting. It all happened rather quickly with little consultation from the industry or any distinguishing between casinos or skill based games. It is going to have a huge knock on effect because many of India's biggest cricket teams were sponsored by these game providers that are now instantly outlawed, along with other sports that had advertising deals. It was targeting the "fantasy sports" model which allowed a form of gambling. I think it's just going to drive betting underground and Indian's will still bet but the revenue will be completely outside India's reach and taxation, maybe a poorly thought out decision by the regulator and government.
Smrita Singh Chandra, who earlier managed policy communications at Dream11, wrote on LinkedIn that the ban had been introduced "without transition, nuance, or consideration of economic realities".
Mr Sayta noted that companies had invested and built their business models around these court rulings.
Indian gaming federations argue that shutting down "regulated and responsible Indian platforms" will drive millions of players into the hands of illegal networks, offshore gambling websites, and fly-by-night operators who operate without any safeguards and consumer protections.
In many Indian cities, betting already takes place through local bookies who operate without oversight, which is often more exploitative than online platforms.
Source:
https://www.bbc.co.uk/news/articles/cyvnlmde7dzoWhat are your thoughts? Are you affected by the ban?