Digital India Foundation report details offshore gambling risks in India
The Digital India Foundation’s report describes unlicensed offshore gambling as a significant presence in India and identifies money laundering, tax evasion and cyber-enabled financial crime as concerns. It cites a parliamentary committee study estimating illicit deposits above $100bn annually, growing 30% a year, and says investigations covered 658 offshore gambling companies.
The report’s cited figures and enforcement concerns inform policy debates on offshore gambling and compliance in India.