Connect with us

728x90 banner available here

Latest News

Ad & Media Agencies Under ED Scanner Over Surrogate Marketing of Gambling Sites

Published

on

Reading Time: 2 minutes

 

The Directorate of Enforcement (ED) in India has widened its crackdown on Cyprus-based illegal online betting platform Parimatch, placing advertising and media agencies under the scanner for allegedly aiding the company’s surrogate promotions in India.

In extensive search operations on August 12 across Mumbai, Delhi, Noida, Jaipur, Surat, Madurai, Kanpur and Hyderabad, the ED froze funds worth nearly ₹110 crore parked in mule bank accounts suspected of being used for money laundering and layering transactions. Officials also seized digital devices, documents, and more than 1200 credit cards used in the racket.

The investigation revealed that Parimatch routed user funds through a complex network of mule accounts, hawala channels and crypto wallets. In some cases, funds were withdrawn in cash in Tamil Nadu and converted into USDT cryptocurrency through UK-based wallets controlled by Parimatch agents. Other methods involved the use of domestic money transfer agents and rejected payment aggregators who provided backdoor API access for fund collections disguised as e-commerce payments and refunds.

However, investigators said the platform’s aggressive rise in India was fueled not just by these financial networks but also by heavy marketing and surrogate advertising. Despite being an illegal offshore betting operator, Parimatch gained visibility through sponsorship of sports tournaments, celebrity endorsements and brand extensions under “Parimatch Sports” and “Parimatch News.”

Payments to Indian advertising and media agencies handling these promotional activities were allegedly routed via foreign inward remittances, raising questions about the role of advertising companies in enabling the brand’s presence in the country. Officials hinted that several agencies may now face questioning over their involvement in running surrogate ads designed to bypass gambling restrictions.

Roland Landers, CEO of All India Gaming Federation, said: “ED’s action to freeze funds linked to surrogate offshore gambling entities such as Parimatch Sports and Parimatch News is a much-needed step to curb the growing menace of illegal offshore gambling operations that continue to exploit India’s growing gaming user base. Curbing the financial networks of such offshore is very important. We are hopeful that the persistent threat of surrogate advertising of such platforms, often disguised as sports or news content that misleads Indian gamers and normalises illegal gambling will also be stopped by media platforms.”

Landers said: “There is now an urgent need for a central regulatory framework that will bring in uniformity across states, ensure clarity, stability, and a level playing field for compliant indian skill-based operators who adhere to laws and contribute meaningfully to the economy. This will not only help in effectively curbing illegal offshore gambling but also unlock the true growth potential of India’s legitimate, skill-based online gaming industry.”

A research by Skill Online Games Institute states that almost 83% on the spends of the 500 million strong Indian gaming players community is going to offshore gaming platforms. Today only USD 3.2 billion (17%) is coming to Indian gaming platforms.

Amrit Kiran Singh, the founder president of Skill Online Games Institute, said: “We have raised the issue with PMO, MHA FIU besides MIB & MEITY. The government has been discussing this with us but more concrete action needs to be taken to really address this significant issue. While investigations on celebrities and advertising agencies who help promote the illegal platforms will help slow down the promotion of these platforms, the size of the business should indicate that the horse has, already bolted -that this illegal business is already well established and thriving.”

The post Ad & Media Agencies Under ED Scanner Over Surrogate Marketing of Gambling Sites appeared first on European Gaming Industry News.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Latest News

GGPoker Unveils Massive Weekly $100K Freeroll, Kicking Off October 18

Published

on

Reading Time: 2 minutes

 

Play your way to a share of $100,000 each week

GGPoker, the World’s Biggest Poker Room, today announced the launch of an exhilarating new promotion designed to give players even more chances to win big: the Weekly $100K Freeroll. Starting on October 18, poker enthusiasts can compete for a share of a guaranteed $100,000 prize pool every single week, completely free of charge.

The Weekly $100K Freeroll offers a straightforward path for players to turn their everyday poker action into significant winnings. Players can claim tickets to both the Daily Freeroll tournaments or the main Weekly Freerolls in a variety of ways. The Daily Freerolls run twice every day, with thousands of Weekly Freeroll tickets up for grabs in each event.

Every Saturday at 08:00 (UTC-8), the main $100,000 freeroll tournament will take center stage, promising thrilling action and substantial payouts for hundreds of players.

How to Enter the Daily and Weekly Freerolls

GGPoker has made qualification easily accessible:

  • Daily Freerolls (Run Twice Daily): Players can secure a ticket by:

    • Fully completing their sign-up at GGPoker

    • Making a deposit

    • Playing 100 cash game hands

  • Weekly $100K Freeroll (Every Saturday): Players can earn their spot in the big weekly event by:

    • Winning a ticket in a Daily Freeroll

    • Making a cumulative deposit of $500 or more during the week

    • Refer a Friend Bonus: Successfully referring a friend (via GGPoker’s new Refer Your Friend feature) who registers and makes their first deposit will also grant a direct ticket to the Weekly $100K Freeroll for both players

    • Playing 1,000 cash game hands

“We are incredibly excited to launch the Weekly $100K Freeroll, offering our players an unparalleled opportunity to compete for a massive prize pool with no buy-in required,” said Sarne Lightman, Managing Director of GGPoker. “This promotion is designed to both reward our loyal community and welcome new players, making poker more accessible and exciting than ever. With multiple ways to qualify daily, everyone has a shot at playing for a tasty score each Saturday.”

To learn more about the Weekly $100K Freeroll, please visit: ggpoker.com/promotions/weekly-freeroll/

The post GGPoker Unveils Massive Weekly $100K Freeroll, Kicking Off October 18 appeared first on European Gaming Industry News.

Continue Reading

Latest News

Important Information regarding Fast Track services

Published

on

Reading Time: < 1 minute

Fast Track is issuing this statement regarding an isolated incident that occurred in early October.

Fast Track experienced a highly sophisticated cyber attack that specifically targeted two clients operating on the Fast Track Platform.

Upon detection of the breach, Fast Track immediately ceased the attack and informed the affected parties.

Fast Track confirms that no other clients have been impacted by this incident.

Further details will be provided as they become available and appropriate to release.

If you have any questions regarding this incident, please email [email protected].

The post Important Information regarding Fast Track services appeared first on European Gaming Industry News.

Continue Reading

Latest News

Week 41/2025 slot games releases

Published

on

Reading Time: 4 minutes

Here are this weeks latest slots releases compiled by European Gaming

GAMOMAT is taking players on a colourful adventure with its new title, Frooty Troupe Sun Splash. This feel-good game launches the new Frooty Troupe series, transporting players to exciting worlds, with more to be revealed in time.

Relax Gaming has launched Masked Treasures, a volatile Aztec-inspired slot packed with mystery symbols and free spins. Set deep in the jungle on a 5×3 reel layout, Masked Treasures invites players to uncover sacred rewards hidden behind ornate gold masks, with a maximum win potential of 5,000x the stake.

Evoplay has launched Hocus Pocus Sorcery, where the night comes alive with glowing gems, enchanted books, and mischievous black cat. Hocus Pocus Sorcery captures the Halloween spirit with a supernatural flair. Players are welcomed into a moonlit world of bubbling cauldrons and mysterious symbols, where each spin offers a chance to unlock powerful features and hidden rewards.

Players will feel the power of the herd and find strength in every spin in Buffalo Wild Collection, the latest slot from in-demand iGaming content provider, ICONIC21. Buffalo Wild Collection takes players to the Great Plains, where they follow these magnificent beasts towards potentially big wins.

 

SlotMatrix has opened the gates of the fiery forge with Vulcan’s Gold release. The game invites players into the legendary forge of the Roman God of fire, where gold flows in abundance and treasures await. This medium-volatility slot is packed with action from the very first spin, featuring dynamic progressive jackpots, a jackpot wheel, coin-collecting mechanics, and a powerful Free Spins multiplier.

TaDa Gaming, is hoisting the Jolly Roger for a barrel full of gold in new release Lucky Macaw. An unusual grid layout sees three reels and three rows, with the centre reel holding an extra position/fourth row, plus 10 fixed paylines. Set in Pirate Cove with the galleon anchored offshore, Captain Macaw is ready to parley with players for pirate coins and bags of gold cash symbols.

Endorphina has announced the release of its newest title, Sloteus Gold. Featuring 5 reels, 4 rows, 25 fixed paylines, and a royal treasure narrative, Sloteus Gold is now available in online casinos. This new Endorphina slot invites players on a royal adventure for King Sloteus’ Gold, where valuable coins with multipliers up to x15 are in play.

Amusnet has released its latest slot game – 40 Lucky Wilds Hot. This sizzling online slot turns the temperature up with classic charm, vibrant symbols, and electrifying winning potential. Designed with 5 reels and 40 fixed paylines, 40 Lucky Wilds Hot invites players into a world where every spin crackles with excitement.

Million Games, together with Million Stars partner studio Yugo Workshop, has announced the launch of FreakShow Hotel, a Halloween-themed 5×3 video slot designed to deliver both festive fun and serious win potential. Set inside Count Drac’s haunted hotel, the game invites players to join a supernatural banquet filled with ghosts, monsters, and high-paying surprises.

Stakelogic has unveiled its latest enchanted adventure, Leprechaun’s Loot, where Irish folklore meets inventive mechanics. Starring Pip O’Spin, a cheeky leprechaun from the emerald hills with a gift for turning rainbows into gold, the game combines playful storytelling with exciting Hold ‘N’ Win action.

Play’n GO breathes new life into ancient Chinese mythology with Bao Shi, a visually striking 5-reel slot centred around the mythical Lion God, Lioras. Set amidst mist-shrouded mountains and long-forgotten temples, Bao Shi beckons players to release Lioras from an ancient spell cast by a malevolent warlord, bringing prosperity to those brave enough to beat the drums of destiny.

Evoplay has launched Trick or Treat Joker, a spooky slot where mischief and mayhem rule the night. Led by the sinister yet charming Joker, this Halloween-themed release blends spooky visuals with classic fruit symbols for a mischievous twist on conventional gameplay. Pumpkins, cobwebs, bats, and glowing symbols create a haunting setting for an eerie adventure.

 

Spinomenal is celebrating this year’s Halloween with the release of its new title, Spooky Halloween. Spinomenal’s chilling slot is set within a forest cloaked in fog, surrounded by twisted trees and glowing candles illuminating the 5×4 layout. Adding to the haunting experience is an atmospheric soundtrack, echoing with eerie chimes that builds anticipation with every spin.

Amusnet has released its latest video slot, Wild Fortune. This 5-reel, 40-fixed-payline video slot features nine beautifully designed symbols. The Wild symbol expands on all reels and positions, helping players to complete winning combinations and unlock hidden treasures.

 

The post Week 41/2025 slot games releases appeared first on European Gaming Industry News.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.