India targets betting networks as courts and authorities reshape rules

India’s Enforcement Directorate searched 20 premises in an investigation into an alleged online betting, gaming and cyber fraud syndicate involving All Panel Exchange, MGM91 and payment intermediary Edsom Fintech. The ED said Edsom’s iPaisa platform onboarded more than 200 shell or front entities and used mule accounts. ^[1]

India blocked Polymarket in May 2026 under the Promotion and Regulation of Online Gaming Act 2025, which bans online money games and associated advertising and financial transactions. Authorities also secured restrictions on the platform’s X account after a legal request. ^[2][3]

The Bombay High Court at Goa ordered parking restrictions and a passenger drop-off point for vehicles serving offshore casinos on Panaji’s Dayanand Bandodkar Marg. Separately, the Supreme Court of India reduced the goods and services tax liabilities of three online operators, according to an analysis. ^[4][5]

Reports cited

1. India's ED searches 20 premises in online betting and cyber fraud probe
2. India blocks Polymarket under 2025 online gaming law
3. India restricts Polymarket's X account after May site block
4. Supreme Court of India ruling cuts tax liabilities of three online operators
5. Goa High Court orders casino drop-off curbs on Panaji's DB Marg

Written by SectorWire desk from our own entries, using AI drafting tools and our editorial standard. Supporting reporting is linked above. Standards · Corrections