Action betting app12/10/2023 The advisory from the central government comes ahead of Asia Cup 2023 which begins on August 30. "It may be noted that advertisements of gambling/betting platforms not only pose significant financial and socio-economic risk for consumers, especially the youth and children, but have linkages to money laundering networks, thereby threatening the financial security of the country," the advisory said. The advisory further emphasized that should these media entities neglect to comply with the directive, the government would be compelled to initiate suitable legal actions under the provisions of different laws and regulations. The Ministry of Information and Broadcasting, in an advisory directed at newspapers, television networks, digital media platforms and social media channels, urged them to promptly cease the dissemination of advertisements or promotional material related to betting and gambling platforms in any manner. New Delhi: The central government issued a cautionary message to media organizations regarding the promotion of online betting platforms in their publications or broadcasts on Friday (August 25).
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