Govt Mulls Crackdown On Polymarket, Kalshi, Other Prediction Market Apps As Election Betting Spikes

Prediction market apps such as Kalshi, Polymarket have come under the lens of Ministry of Electronics and Information Technology of India MeitY's scanner.

Platforms such as Kalshi, Polymarket are used for betting on election outcomes, IPL and many other events, and MeitY is currently mulling action against these apps.

(This is a developing story)

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