The ministry said it had issued a similar advisory on June 13, asking newspapers, private TV channels, and digital news publishers to refrain from publishing ads of online betting platforms
The I&B ministry advised the print, electronic and digital media to refrain from advertising betting platforms, saying betting and gambling are illegal and pose significant financial risks
The group was operating in a clandestine manner and had concealed its operations and income from law enforcement agencies, the Central Board of Direct Taxes (CBDT) said in a statement
Illegal betting on sports may approach $1.7 trillion annually and is often used by criminals to launder money, according to a report from the United Nations
Business Standard's Peerzada Abrar explains in this podcast - the whole controversy between Paytm and Google and about the Google Play Store billing system