{"id":777044026,"date":"2026-06-24T09:26:44","date_gmt":"2026-06-24T12:26:44","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777044026"},"modified":"2026-06-24T09:27:02","modified_gmt":"2026-06-24T12:27:02","slug":"kalshi-restricts-access-to-prediction-markets-in-india","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/kalshi-restricts-access-to-prediction-markets-in-india","title":{"rendered":"Kalshi restricts access to prediction markets in India"},"content":{"rendered":"\n
The operator has added India to its list of prohibited jurisdictions.<\/p>\n\n\n\n\n\n\n\n
India.- Kalshi <\/strong>has exited the Indian market, updating its member agreement to prohibit users located in the country from trading event contracts. The decision follows the implementation of India’s Promotion and Regulation of Online Gaming Act 2025<\/a>, on May 1. <\/p>\n\n\n\n Indian authorities have repeatedly stated that prediction markets fall within the scope of the new legislation, which bans online money games based on uncertain outcomes. In April, the Ministry of Electronics and Information Technology (MeitY) issued a warning to Kalshi. <\/p>\n\n\n\n Kalshi’s list of restricted jurisdictions now includes 55 countries and territories, representing a setback for its plans announced last year to expand into more than 140 countries. India was viewed as a potentially significant market due to its large digital user base and growing interest in event-based trading.<\/p>\n\n\n\n Kalshi’s rival, Polymarket, has also faced enforcement action in India, with authorities moving to block access to the platform in May.<\/p>\n\n\n