{"id":777011297,"date":"2023-11-21T06:37:43","date_gmt":"2023-11-21T09:37:43","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777011297"},"modified":"2026-04-22T15:24:34","modified_gmt":"2026-04-22T18:24:34","slug":"india-police-raid-cricket-betting-operations-in-hyderabad","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/india-police-raid-cricket-betting-operations-in-hyderabad","title":{"rendered":"India: police raid cricket betting operations in Hyderabad"},"content":{"rendered":"\n<p>Policed seizing cash and froze bank accounts.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>India.- Police in Hyderabad raided two gambling operations on the day of the Cricket World Cup final. The first operation took place in Sikh village. Police seized \u20b940,000 in cash and requested banks freeze \u20b93.42 lakh in accounts.\u00a0A second raid seized \u20b979,000 in cash and two cell phones but the main suspect was not caught.<\/p>\n\n\n\n<p>Police around India have carried out operations during the cricket World Cup. A week ago, police in Hubli and Dharwad, Karnataka, arrested nine people and lodged seven cases following the England vs Pakistan ICC match.<\/p>\n\n\n\n<p>A report by the Think Change Forum (TCF) has estimated that\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/india-loses-us48-8bn-annually-to-illegal-betting-and-gambling-sites\" target=\"_blank\">tax 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":"<p>Policed seizing cash and froze bank accounts.<\/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 Hyderabad conducted raids on illegal gambling operations during the Cricket World Cup, seizing cash and freezing bank accounts. Concurrently, a Think Change Forum report estimates India loses US$48.8 billion annually to an illegal offshore betting market valued at US$98.4 billion, growing at 30% per annum, highlighting significant regulatory and fiscal challenges.","focusai_entities":"Think Change Forum (TCF)","focusai_location":"India, Hyderabad, Sikh village, Hubli, Dharwad, Karnataka","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), payments_fraud_aml (0.8), investor_analyst (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Framework Impact","query":"What specific policy adjustments or new governance frameworks are being considered by Indian authorities to transition the substantial illegal betting market into a regulated, taxable sector?"},{"label":"Financial Leakage Mitigation","query":"Beyond enforcement actions, what strategies are being explored to mitigate the estimated US$48.8 billion annual tax revenue leakage from illegal offshore betting operations?"}],"footnotes":""},"categories":[439,16333],"tags":[233],"class_list":["post-777011297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal-news","category-south-east-asia-news","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011297","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=777011297"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011297\/revisions"}],"predecessor-version":[{"id":777040928,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011297\/revisions\/777040928"}],"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=777011297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}