{"id":777036026,"date":"2025-12-12T12:22:14","date_gmt":"2025-12-12T15:22:14","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777036026"},"modified":"2026-04-21T16:01:28","modified_gmt":"2026-04-21T19:01:28","slug":"ed-confiscates-%e2%82%b9117-41-crore-assets-of-probo-media-technologies-in-online-gambling-case","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ed-confiscates-%e2%82%b9117-41-crore-assets-of-probo-media-technologies-in-online-gambling-case","title":{"rendered":"India ED confiscates assets from Probo Media Technologies in online gambling case"},"content":{"rendered":"\n

The Enforcement Directorate alleges that the Probo app facilitates online gambling.<\/p>\n\n\n\n\n\n\n\n

India.- The Enforcement Directorate (ED) says it has seized assets worth \u20b9117.41 crore<\/strong> (US$12.9m) belonging to Probo Media Technologies Private Limited <\/strong>and its directors amid allegations of online gambling. It says the Probo app facilitates online gambling.<\/p>\n\n\n\n

The ED said it launched an investigation after receiving multiple complaints in Gurugram<\/strong>, Palwal, and Agra<\/strong>. Complainants claimed they were misled into a scheme promising easy earnings through “yes or no” questions that allegedly concealed a gambling operation disguised as skill-based gaming.<\/p>\n\n\n\n

The ED said the company generated “proceeds of crime” worth approximately \u20b91,245.64 crore <\/strong>(US$137.59m). The company stopped operating in August 2025, following the introduction of the Promotion and Regulation of Online Gaming Act, 2025<\/strong>.<\/p>\n\n\n\n

In July, the ED had raided the company’s premises and those of its promoters, freezing investments worth \u20b9284.5 crore <\/strong>(US$31.43m) in fixed deposits and shares. The latest confiscated assets include fixed deposits, shares, demand drafts and bank balances belonging to the company, and apartments owned by the directors’ relatives.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> India’s financial crime agency seizes \u20b9524 Crore from gaming firms<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The Enforcement Directorate alleges that the Probo app facilitates online gambling.<\/p>\n","protected":false},"author":2395,"featured_media":777035592,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Enforcement Directorate (ED) in India has seized assets worth \u20b9117.41 crore (US$12.9m) from Probo Media Technologies Private Limited and its directors, alleging the Probo app facilitates online gambling disguised as skill-based gaming. This action follows an investigation into complaints of misleading schemes and claims of \u20b91,245.64 crore (US$137.59m) in \"proceeds of crime,\" with the company reportedly ceasing operations in August 2025 following the introduction of the Promotion and Regulation of Online Gaming Act, 2025.","focusai_entities":"Enforcement Directorate (ED), Probo Media Technologies Private Limited, Probo app","focusai_location":"India, Gurugram, Palwal, Agra","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), affiliate_publisher (0.7), marketing_crm (0.7), payments_fraud_aml (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"ED's Legal Basis?","query":"What specific provisions of Indian law, beyond the yet-to-be-introduced Promotion and Regulation of Online Gaming Act, 2025, are being leveraged by the Enforcement Directorate to classify Probo's \"yes or no\" question format as online gambling and justify asset seizures?"},{"label":"Impact on India's iGaming?","query":"How will this significant enforcement action by the ED against Probo Media Technologies impact the broader investment climate and operational strategies for both B2B and B2C iGaming entities currently active or considering entry into the Indian market, particularly concerning the distinction between skill-based and chance-based gaming?"}],"footnotes":""},"categories":[154,16334],"tags":[4138],"class_list":["post-777036026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-south-asia-news","tag-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036026","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777036026"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036026\/revisions"}],"predecessor-version":[{"id":777036035,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036026\/revisions\/777036035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777035592"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777036026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777036026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777036026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}