logo
#

Latest news with #Parimatch

Germany vs Portugal: Get a £30 welcome bonus when you stake £10 with Parimatch
Germany vs Portugal: Get a £30 welcome bonus when you stake £10 with Parimatch

The Sun

time3 hours ago

  • Business
  • The Sun

Germany vs Portugal: Get a £30 welcome bonus when you stake £10 with Parimatch

GERMANY and Portugal clash in Wednesday's Nations League semi-final showdown at the Allianz Arena in Munich. And brand new Parimatch punters can pocket themselves a terrific £30 free bet and bonus bundle, just for registering and staking a tenner on the international encounter! Claim £30 football free bets and bonuses New to Parimatch? You can claim their fantastic welcome offer! They've made it very simple to claim, too. Firstly, head over to the Parimatch website HERE *. From there, create a brand new account and ensure you opt in to this promotion using the "Opt In" button. Then make a deposit of £10 minimum and stake £10+ on any football market at odds of at least Evens (2.00). This must be done within seven days of opening your account. Once settled - whether you win or lose that first bet - your account will be credited with £30 in free bets and bonuses. These are paid out like so: On settlement of your qualifying bet, you will receive: £5 Free Bet – Any Football (2.00+) £5 Free Bet – Any Sport (except horse racing) (2.00+) 48h after settlement, you will also receive: £5 Free Bet – Any Horse Racing (3.00+) £5 Free Bet - Any Sport (except horse racing) (2.00+) And a £10 Slots Bonus, which can be used on Big Bass Splash. Germany vs Portugal: Bet £10 Get £30 welcome bonus HERE * Remember to gamble responsibly A responsible gambler is someone who: Establishes time and monetary limits before playing Only gambles with money they can afford to lose Never chase their losses Doesn't gamble if they're upset, angry or depressed Gamcare – GambleAware – Read our guide on responsible gambling practices. For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to to be excluded from all UK-regulated gambling websites. *18+ New Customers Only. Opt in and bet £10 on football (odds 2.00+) within 7 days. No cash-out. Get 4x£5 Free Bets for set markets and a £10 Slot Bonus for Big Bass Splash, 30x wagering, to withdraw max £250. Rewards expire in 20 days. Scroll down for T&Cs. | Please gamble responsibly

Illegal sites target minors, vulnerable groups with fast bets, big payouts: Report
Illegal sites target minors, vulnerable groups with fast bets, big payouts: Report

Time of India

timea day ago

  • Business
  • Time of India

Illegal sites target minors, vulnerable groups with fast bets, big payouts: Report

HighlightsAggressive financial incentives and rapid-fire betting products from illegal online gambling platforms are attracting vulnerable users, including minors and individuals at risk of addiction, with annual deposits nearing USD 100 billion. The report 'Fixing the Odds: A Policy Blueprint for Curbing Illegal Online Gambling in India' by CUTS International highlights over 5.4 billion visits to the top 15 illegal gambling platforms, showcasing the extensive reach and appeal of these sites. Illegal gambling operators exploit regulatory loopholes and employ advanced psychological strategies, making it easier for young adults and impulsive individuals to engage in high-risk betting, while also utilizing evolving tactics to facilitate fund movement through India's payment systems. Aggressive financial incentives and rapid-fire betting products offered by illegal online gambling platforms are drawing vulnerable users, including minors and those at risk of addiction, into high-risk gambling at unprecedented rates. These platforms, unburdened by the 28 per cent GST and TDS deductions that legitimate operators must levy, lure users with more attractive payouts and instant-gratification games banned on regulated sites, reveals a report. The report estimates that annual deposits are nearing USD 100 billion in these illegal platforms. The report, "Fixing the Odds: A Policy Blueprint for Curbing Illegal Online Gambling in India," published by CUTS International , showed that illegal gambling operators are exploiting regulatory loopholes to target young adults, high spenders, and individuals especially susceptible to gambling harms. CUTS International's analysis estimates over 5.4 billion visits to the top 15 illegal gambling platforms and their mirror sites in just one year, underscoring the scale of the problem. "The extent of the problem can be gauged from the report's analysis - over 5.4 billion visits to the top 15 illegal gambling platforms across 40 of their mirror sites took place between April 2024 and March 2025. Top platforms such as 1xBet, Parimatch, Stake, Fairplay, and BateryBet consistently registered high traffic volumes and broad user reach. "Traffic share for Parimatch for the month of March 2025 even outranked widely used platforms such as and the report said. Unlike slower, skill-based games permitted on licensed platforms, illegal sites feature fast-paced betting products that enable multiple wagers within minutes -- an approach that research links to higher rates of addictive behaviour and financial loss among users. These platforms also bypass consumer protection measures by requiring little to no documentation, making it easier for minors and vulnerable individuals to participate. The report notes that aggressive marketing, including surrogate advertising and extensive use of private messaging and outdoor campaigns, further amplifies the reach of these sites. "Over 66 per cent of total traffic, amounting to more than 3.5 billion visits (between April 2024 and March 2025), are through direct traffic, meaning users are manually entering URLs, using bookmarks, or copying links from private channels," the report said. The allure of illegal gambling platforms stems from their ease of access and the intense, high-risk environments they create. Sites like Stake and 1xBet employ advanced psychological strategies in their design and enable riskier forms of betting, heightening the sense of excitement for users. These adrenaline-charged settings are especially appealing to young people who seek thrills and those prone to impulsive behaviour, which significantly raises their chances of experiencing gambling-related problems. Further, illegal gambling operators continue to facilitate the movement of funds by employing rapidly evolving tactics and exploiting loopholes and vulnerabilities in India's payment infrastructure. Such tactics include extensive use of the United Payments Interface (UPI) system, mule accounts, and mobile APKs. Ministry of Finance on March 22, 2025, revealed intensified enforcement against offshore online entities, with nearly 700 under investigation. So far, 357 illegal or non-compliant websites/URLs have been blocked and almost 2,000 bank accounts, apart from other robust initiatives.

Illegal gambling platforms putting minors and youth at risk: Report
Illegal gambling platforms putting minors and youth at risk: Report

Hans India

time2 days ago

  • Business
  • Hans India

Illegal gambling platforms putting minors and youth at risk: Report

A new report on Sunday raised serious concerns about the growing threat of illegal online gambling platforms in India, especially to vulnerable groups like minors and young adults. The report by public policy think tank CUTS International warns that these platforms are not only targeting impressionable users with addictive, high-risk games but are also bypassing basic safety checks, such as age verification and identity confirmation. It highlights that the scale of the problem is massive. Between April 2024 and March 2025, there were more than 5.4 billion visits to the top 15 illegal gambling platforms, spread across 40 mirror websites. Some platforms like Parimatch, 1xBet, Stake, Fairplay, and BateryBet are among the most visited. In fact, Parimatch's web traffic in March 2025 was higher than popular platforms like Google India, Amazon, Wikipedia, and Hotstar, revealing the alarming reach of these operations. CUTS International estimates that users are depositing close to $100 billion annually into these illegal betting platforms. Many of these platforms are based overseas and use loopholes in India's payment systems and advertising networks to operate freely, posing a major risk to both consumer safety and national security. Pradeep Mehta, Founder and Secretary General of CUTS International, said that illegal gambling operators are exploiting India's digital infrastructure while evading any form of accountability. "This presents a major national security threat and also exposes Indian consumers to serious harm," Mehta said at the report's release. One of the most disturbing findings of the report is how easily minors can access these gambling sites. These platforms often avoid even the most basic checks like KYC (Know Your Customer) or age verification. Some even offer cash-on-delivery payment options, allowing teenagers with no access to digital wallets or cards to gamble repeatedly without any supervision. The use of high-stakes, psychologically addictive game designs makes them even more dangerous for young, sensation-seeking users. The report also reveals how these platforms attract such massive traffic. Around 66 per cent of users visit directly, often through saved links, private messages, or bookmarks, giving a false impression of trust and legitimacy. Big media campaigns, celebrity endorsements, billboards, and SEO-boosted search visibility further increase their reach.

India hub for illegal online betting, sites got 5 bn visits in FY25: Report
India hub for illegal online betting, sites got 5 bn visits in FY25: Report

Business Standard

time2 days ago

  • Business
  • Business Standard

India hub for illegal online betting, sites got 5 bn visits in FY25: Report

Lacking basic safeguards and regulations, India is fast emerging as a hub for illegal online betting and gambling market, with the top 15 such unauthorised platforms logging an alarming over 5.4 billion visits in FY25, according to a report by public policy think-tank on consumer sovereignty. The annual deposits in these illegal platforms, including 1xBet, Parimatch, Stake, Fairplay and BateryBet, is estimated to the tune of $100 billion, CUTS International said in its report on Sunday. Pointing to a worrying trend, the report highlighted that these platforms often bypass basic safeguards like Know Your Customer (KYC) and age verification, giving minors and young adults unregulated and unrestricted access to gambling content. Some offshore operators, such as Parimatch, use tactics like cash-on-delivery, making it easier for minors, who may lack digital payment access, to gamble repeatedly without parental or legal oversight. 'This report's policy gap assessment reveals a disturbing reality- that while many jurisdictions around the world are introducing strict penalties on illegal gambling and building enforcement partnerships with major tech platforms, India continues to lack basic safeguards. Without urgent regulatory action, these platforms will keep targeting unsuspecting and vulnerable consumers. We must act swiftly to protect Indian users and restore integrity to our digital ecosystem,' said Pradeep Mehta, founder and secretary general, CUTS. Highlighting the lack of norms for advertisements, no payment-blocking protocols, and no systematic domain-monitoring infrastructure, specifically for illegal gambling, the report called for the setting up of a central regulator. 'Illegal gambling operators are systematically exploiting India's advertising and payment infrastructure, siphoning off crores of rupees from outside the country. This presents a major national security threat and also exposes Indian consumers to serious harm,' Mehta said. What is more alarming is that traffic share for one such platform, Parimatch, for the month of March 2025 even outranked widely used sites such as and the report said. The report also highlighted that the appeal of these illegal platforms lies in their accessibility and in the immersive and high-risk experiences they engineer. Illegal platforms such as Stake and 1xBet deploy sophisticated psychological design techniques and often facilitate higher-risk betting, which intensifies the excitement and thrill. Such high-stakes environments are particularly attractive to sensation-seeking youth and those with impulsive tendencies, significantly increasing their risk of developing gambling-related harm. Engagement, retention strategies drive huge traffic A critical driving factor behind the growth and sustainability of illegal gambling platforms in India is their aggressive user acquisition, engagement, and retention strategies, it said. They employ a sophisticated ecosystem of tools and tactics designed to attract new users and to keep them actively engaged. Over 66 per cent of total traffic, amounting to more than 3.5 billion visits (between April 2024 and March 2025), is through direct traffic, meaning users are manually entering URLs, using bookmarks, or copying links from private channels. This means that there is an illusion of trustworthiness, where users perceive these illegal platforms as established and trusted brands. A significant portion of direct traffic is also driven by mass media advertising, such as television commercials, outdoor advertising, billboard campaigns, and celebrity endorsements. Another critical discovery channel is search engines, particularly Google. Search traffic contributes more than 650 million visits, meaning that the illegal gambling platforms are successfully indexed and ranked high in search results, aided by aggressive SEO tactics and inadequate enforcement by search engines. Further, illegal gambling operators continue to facilitate the movement of funds by employing rapidly evolving tactics and exploiting loopholes and vulnerabilities in India's payment infrastructure. Such tactics include extensive use of the Unified Payments Interface (UPI) system, mule accounts, and mobile APKs, the report said. They have also developed sophisticated apps like XHelper, designed to coordinate vast money mule networks and sustain the illegal gambling ecosystem operating beneath the surface of India's digital economy. The Ministry of Finance had in March 2025 revealed intensified enforcement against offshore online entities, with nearly 700 under investigation. So far, 357 illegal or non-compliant websites/URLs have been blocked and almost 2,000 bank accounts frozen, apart from other robust initiatives. However, the report has called for additional efforts to make such measures more effective. The report further argues that enforcement is largely manual and reactive, while consumer protection remains minimal. The report has provided recommendations, drawn from international best practices, such as establishing a comprehensive national framework to combat illegal online gambling, one that ensures clear accountability across payments, advertising, digital platforms, and financial intermediaries.

Online gambling: Illegal sites target minors, vulnerable groups with fast bets, big payouts, reveals report
Online gambling: Illegal sites target minors, vulnerable groups with fast bets, big payouts, reveals report

Economic Times

time2 days ago

  • Business
  • Economic Times

Online gambling: Illegal sites target minors, vulnerable groups with fast bets, big payouts, reveals report

iStock Online gambling and betting (Image for representation) Aggressive financial incentives and rapid-fire betting products offered by illegal online gambling platforms are drawing vulnerable users, including minors and those at risk of addiction, into high-risk gambling at unprecedented rates. These platforms, unburdened by the 28 per cent GST and TDS deductions that legitimate operators must levy, lure users with more attractive payouts and instant-gratification games banned on regulated sites, reveals a report. The report estimates that annual deposits are nearing USD 100 billion in these illegal platforms. The report, "Fixing the Odds: A Policy Blueprint for Curbing Illegal Online Gambling in India," published by CUTS International, showed that illegal gambling operators are exploiting regulatory loopholes to target young adults, high spenders, and individuals especially susceptible to gambling harms. CUTS International's analysis estimates over 5.4 billion visits to the top 15 illegal gambling platforms and their mirror sites in just one year, underscoring the scale of the problem. "The extent of the problem can be gauged from the report's analysis - over 5.4 billion visits to the top 15 illegal gambling platforms across 40 of their mirror sites took place between April 2024 and March 2025. Top platforms such as 1xBet, Parimatch, Stake, Fairplay, and BateryBet consistently registered high traffic volumes and broad user reach. "Traffic share for Parimatch for the month of March 2025 even outranked widely used platforms such as and the report said. Unlike slower, skill-based games permitted on licensed platforms, illegal sites feature fast-paced betting products that enable multiple wagers within minutes -- an approach that research links to higher rates of addictive behaviour and financial loss among users. These platforms also bypass consumer protection measures by requiring little to no documentation, making it easier for minors and vulnerable individuals to participate. The report notes that aggressive marketing, including surrogate advertising and extensive use of private messaging and outdoor campaigns, further amplifies the reach of these sites. "Over 66 per cent of total traffic, amounting to more than 3.5 billion visits (between April 2024 and March 2025), are through direct traffic, meaning users are manually entering URLs, using bookmarks, or copying links from private channels," the report said. The allure of illegal gambling platforms stems from their ease of access and the intense, high-risk environments they create. Sites like Stake and 1xBet employ advanced psychological strategies in their design and enable riskier forms of betting, heightening the sense of excitement for users. These adrenaline-charged settings are especially appealing to young people who seek thrills and those prone to impulsive behaviour, which significantly raises their chances of experiencing gambling-related problems. Further, illegal gambling operators continue to facilitate the movement of funds by employing rapidly evolving tactics and exploiting loopholes and vulnerabilities in India's payment infrastructure. Such tactics include extensive use of the United Payments Interface (UPI) system, mule accounts, and mobile APKs. Ministry of Finance on March 22, 2025, revealed intensified enforcement against offshore online entities, with nearly 700 under investigation. So far, 357 illegal or non-compliant websites/URLs have been blocked and almost 2,000 bank accounts, apart from other robust initiatives.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store