\u20b94,000 crore<\/strong>. The suspects were reportedly operating from a three-story bungalow and allegedly stole over \u20b9405 crore in two months using the Mahadev Book app. <\/p>\n\n\n\nThe police have frozen \u20b91.86 crore in suspects\u2019 bank accounts. They seized 12 laptops, 73 smartphones, six passbooks, 90 ATM cards, 58 Sim cards, and six passports. The suspects were taken into custody under sections of the Indian Penal Code and the IT Act.<\/p>\n","protected":false},"excerpt":{"rendered":"
Officers made 41 arrests and seized cash, mobile phones and casino coins.<\/p>\n","protected":false},"author":176,"featured_media":16308,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Indian authorities conducted two significant raids, arresting 41 individuals at an illegal physical casino in North East Delhi and 16 suspects involved in an online betting operation in Noida, Uttar Pradesh, allegedly worth over \u20b94,000 crore. These operations resulted in substantial cash seizures, frozen bank accounts, and the confiscation of numerous electronic devices, highlighting ongoing challenges in combating illicit gambling activities across the region.","focusai_entities":"Anti Auto Theft Squad, North East and Chodinagar police, Mahadev Book app","focusai_location":"India, North East Delhi, Noida, Uttar Pradesh","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), payments_fraud_aml (1.0), investor_analyst (0.8), supplier_vendor (0.7), tech_data (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Impact India?","query":"What specific regulatory enhancements are anticipated in India to combat the proliferation of large-scale illegal online betting operations and protect the integrity of the nascent regulated market?"},{"label":"Black Market GGR Effect?","query":"How do these significant illegal market seizures impact the projected GGR and NGR for licensed iGaming operators considering market entry or expansion in India, and what is the estimated leakage to the black market?"}],"footnotes":""},"categories":[439,16334],"tags":[23911],"class_list":["post-777002358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal-news","category-south-asia-news","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777002358"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002358\/revisions"}],"predecessor-version":[{"id":777002373,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002358\/revisions\/777002373"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/16308"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777002358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777002358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777002358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}