Cricket bookies yorked by PM Narendra Modi’s demonetisation initiative - News Summed Up

Cricket bookies yorked by PM Narendra Modi’s demonetisation initiative


The business of illegal bookies has shuddered to a halt after the government announcement on November 8, on the eve of the first Test between India and England at Rajkot. That should give a broad idea of the volume of business this shadowy group of bookies does. No one got a chance to recover.”Illegal cricket betting in India is largely controlled by bookies based in Ahmedabad, Jaipur, Indore, Surat, Mumbai and Delhi. Staggering sums are handled by these illegal bookies and the Indian sub-continent is seen as the hub of this activity. Their winnings and losses were dealt with by these bookies in Indian currency.


Source: Hindustan Times November 13, 2016 08:49 UTC



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