A 38-year-old man was arrested for allegedly betting on the match between England and South Africa.<\/p>\n\n\n\n\n\n\n\n
India.- Police in Pune, Maharashtra, have arrested a 38-year-old man in the Kalewadi area<\/strong> for allegedly being involved in illegal betting on a Cricket World Cup match between England and South Africa. The accused, identified as Dinesh Harish Sharma<\/strong>, is a resident of Kalewadi. Police, led by assistant police Inspector HV Mane<\/strong> from the anti-Gunda squad, made the arrest at the Adi Amma Bliss Society in Kalewadi in Pimpri-Chinchwad.<\/p>\n\n\n\n Police seized cash amounting to \u20b940 lakh, two mobile phones and a calculator. They reportedly received a tip-off about the existence of a large-scale cricket betting syndicate operating from a flat. The Hindustan Times reported that a case has been registered at Wakad police station\u00a0under the Maharashtra Gambling Act.\u00a0<\/p>\n\n\n\n There have been\u00a0several cases of arrests for cricket betting<\/a>\u00a0in recent weeks. Meanwhile, a report by the\u00a0Think Change Forum (TCF)<\/strong>\u00a0has estimated that\u00a0tax authorities in India are losing Rs 3.9 lakh crore (US$48.8bn) annually<\/a>\u00a0to illegal betting and gambling websites. The report suggests the illegal offshore betting market is now valued at approximately Rs 8.2 lakh crore, with an annual growth rate of 30 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":" A 38-year-old man was arrested for allegedly betting on the match between England and South Africa.<\/p>\n","protected":false},"author":176,"featured_media":18986,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Police in Pune, India, arrested an individual for alleged illegal cricket betting, seizing \u20b940 lakh and other assets under the Maharashtra Gambling Act. This incident coincides with a Think Change Forum report estimating India's annual tax revenue loss from illegal offshore betting at US$48.8 billion, highlighting significant regulatory and economic challenges. The report further values the illegal offshore market at Rs 8.2 lakh crore with a 30% annual growth rate.","focusai_entities":"Dinesh Harish Sharma, HV Mane, Think Change Forum, Hindustan Times","focusai_location":"India, Pune, Maharashtra, Kalewadi, Pimpri-Chinchwad, Wakad","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), affiliate_publisher (0.7), payments_fraud_aml (0.8), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"India's Regulatory Path","query":"Given the estimated US$48.8 billion annual tax loss to illegal betting, what specific policy initiatives or governance frameworks are being considered by Indian authorities to transition this substantial grey market into a regulated, taxable iGaming vertical?"},{"label":"Impact on Market Entry","query":"How does the reported scale and growth rate of the illegal offshore betting market in India influence the strategic considerations and risk assessments for international iGaming operators contemplating future market entry or B2B licensing opportunities?"}],"footnotes":""},"categories":[439,16334],"tags":[233],"class_list":["post-777010457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal-news","category-south-asia-news","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010457","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=777010457"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010457\/revisions"}],"predecessor-version":[{"id":777041099,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010457\/revisions\/777041099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18986"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}