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Betting offshore

Published 17:10 от Kegami

betting offshore

Offshore betting, by definition, is to place wagers at betting sites (sportsbooks, casinos & poker) licensed outside your local jurisdiction. BetOnline – One of the best offshore betting sites for ; MyBookie – Top offshore sportsbook for parlays; Everygame – Best offshore sportsbook for halftime. Offshore Gambling from the U.S. Legal? · What Are the Stateside Online Sportsbook Options? · Black Friday and the Impact on Online Gambling. OVER UNDER BETTING FOOTBALL

The Ministry had earlier issued an Advisory on 13 June, advising newspapers, private TV channels and digital news publishers to refrain from publishing advertisements of online betting platforms. It had come to the notice of the Government that several sports channels on television, as well as on OTT platforms, have recently been showing advertisements of offshore online betting platforms as well as their surrogate news websites.

The Advisories were supplemented with evidences which contained direct and surrogate advertisements of offshore betting platforms such as Fairplay, PariMatch, Betway, Wolf , and 1xBet. In the Advisories, the Ministry has informed that online offshore betting platforms are now using news websites as a surrogate product to advertise the betting platforms on digital media. In such cases, the Ministry has found that the logos of surrogate news websites bear striking resemblance to betting platforms.

Moreover, the Ministry has stated that neither the betting platforms nor the news websites are registered under any legal authority in India. In a new advisory, the ministry said such sites pose significant financial and socio-economic risks for consumers, especially youth and children. On June 13, the ministry had issued a similar advisory to newspapers, private TV channels and digital news publishers to refrain from publishing advertisements for online betting platforms. In such cases, the ministry has found that the logos of surrogate news websites bear a striking resemblance to betting platforms.

Moreover, the ministry said that neither the betting platforms nor the news websites are registered under any legal authority in India. Such websites are promoting betting and gambling under the garb of news as surrogate advertising. The advisories issued by the ministry said that since betting and gambling are illegal in most parts of the country, advertisements for these betting platforms as well as their surrogates are also illegal.

The ministry has said that such advertisements are not in conformity with various related laws and has strongly advised TV channels as well as digital news publishers to refrain from broadcasting such betting platforms or their surrogate news websites, reminding TV channels that violation may invite penal action.

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