Introduction to the Betting Scam

Details of the One X Bet Investigation

Understanding One X Bet and Its Operations

Financial Scale and Impact of Betting Apps

Challenges in Investigation

Surrogate Advertising and Endorsements

Legal Loopholes and Offshore Operations

Future Implications and Conclusion

Credits

Cricket, cash and the dark web of betting — the scandal has come full circle. The Enforcement Directorate has frozen over ₹11 crore in assets belonging to former Indian cricket stars Suresh Raina and Shikhar Dhawan, who are caught in the crosshairs of a money-laundering probe. At the heart of the investigation is 1xBet, a global betting platform banned in India yet flourishing through celebrity endorsements, offshore loopholes, and sophisticated digital marketing.

In this episode of The Morning Brief, host Anirban Chowdhury speaks with ET’s financial crimes expert Rashmi Rajput to unravel how this underground economy thrives in plain sight. 

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You can follow Anirban Chowdhury on his social media: X and Linkedin

Check out other interesting episodes from the host like

Bhilai to Burj: The Rs. 5,000 Cr Bollywood Studded Mahadev Book Scam
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Catch the latest episode of ‘The Morning Brief’ on The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.

Cricket, cash and the dark web of betting &mdash; the scandal has come full circle. The Enforcement Directorate has frozen over ₹11 crore in assets belonging to former Indian cricket stars Suresh Raina and Shikhar Dhawan, who are caught in the crosshairs of a money-laundering probe. At the heart of the investigation is 1xBet, a global betting platform banned in India yet flourishing through celebrity endorsements, offshore loopholes, and sophisticated digital marketing.
In this episode of The Morning Brief, host Anirban Chowdhury speaks with ET&rsquo;s financial crimes expert Rashmi Rajput to unravel how this underground economy thrives in plain sight.&nbsp;
Tune in:
 You can follow Anirban Chowdhury on his social media: <a href="https://twitter.com/AnirbanET">X</a> and <a href="https://www.linkedin.com/in/anirban-chowdhury-b5067219/">Linkedin </a>Check out other interesting episodes from the host like
<a href="https://podcasts.apple.com/us/podcast/bhilai-to-burj-the-rs-5-000-cr-bollywood-studded/id1568661777?i=1000631151673">Bhilai to Burj: The Rs. 5,000 Cr Bollywood Studded Mahadev Book Scam </a><a href="https://podcasts.apple.com/us/podcast/is-womens-cricket-in-india-finally-out-of-the-shadows/id1568661777?i=1000735128522">Is Women&rsquo;s Cricket in India Finally Out of the Shadows?</a> <a href="https://podcasts.apple.com/us/podcast/growws-%E2%82%B96-600-cr-leap-fintechs-big-market-test-begins/id1568661777?i=1000735482598">Groww&rsquo;s ₹6,600 Cr Leap - Fintech&rsquo;s Big Market Test Begins</a> <a href="https://podcasts.apple.com/us/podcast/oml-ceo-on-the-creator-economys-next-wave/id1568661777?i=1000734328149">OML CEO on the Creator Economy&rsquo;s Next Wave </a><a href="https://podcasts.apple.com/us/podcast/rebel-foods-chief-on-building-brands-tech-and-an-ipo/id1568661777?i=1000733234302">Rebel Foods&rsquo; chief on Building Brands, Tech, and an IPO on the Horizon</a>
Catch the latest episode of &lsquo;The Morning Brief&rsquo; on <a href="https://economictimes.indiatimes.com/podcast?from=mdr">The Economic Times Online</a>,<a href="https://open.spotify.com/show/6PL5kfPbwURBEu6fHCVTOL?si=26ec0fbfa7134fea"> Spotify</a>, <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777">Apple Podcasts</a>, <a href="https://www.jiosaavn.com/shows/the-morning-brief/1/GNPiFQD2xpY_">JioSaavn</a>, <a href="https://music.amazon.in/podcasts/f378141f-9afb-495d-83da-9b08ec5047ac/the-morning-brief">Amazon Music</a> and <a href="https://www.youtube.com/@theetpodcasts">Youtube</a>.

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