In India, there has been an increased focus on fighting online gambling. The Indian government has announced plans to strengthen oversight of electronic payments in order to combat this issue. According to reports, the authorities have identified 114 illegal online betting and gambling services operating in the country, some of which rent domains from the companies that own them. The government hopes that stricter supervision of this area will make it less attractive for such platforms.
Proposed measures include a tougher tax policy for the UPI (Unified Payments Interface) digital payment system, active monitoring and blocking of unlicensed gambling companies, and stricter verification procedures.
It is believed that platforms collect payments through UPI (Unified Payment Interface) using accounts opened by proxies. Next, money won in the game needs to be withdrawn. Players look for, for example, "dragon tiger upi withdrawal", and after that, funds are either withdrawn through UPI or through cryptocurrency or an unofficial payment system.
Betting apps
In May, Indian authorities threatened platforms advertising banned betting apps with blocking and revocation of the status of Internet intermediary. At the beginning of the year, authorities banned 138 apps, but their ads continued to appear on major social networks and during professional cricket league broadcasts.
In July, Indian regulator approved a drastic increase in income tax on gaming platforms.