Market News - Gambling

Haryana notifies gambling law; platforms brace for legal uncertainty

The Haryana Prevention of Public Gambling Act, 2025, enacted on May 21, 2025, aims to curb public gambling, including betting on sports and elections. The law broadly defines a bet as any agreement on uncertain outcomes, which has led to legal ambiguity for opinion trading platforms like Probo and SportsBaazi. While some platforms, such as MPL Opinio, have ceased operations in Haryana, others continue to operate, citing their activities as games of skill. Legal experts suggest that these platforms may need to register with state authorities to seek exemptions, but the lack of clear definitions in the law creates uncertainty. The legislation has sparked debates about its potential impact on innovation and the digital economy in Haryana.

View the original full article here: https://www.livemint.com/industry/haryana-high-court-opinion-trading-apps-public-gambling-betting-sports-elections-probo-sportsbaazi-mpl-opinio-sebi-11748005325395.html

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