New Delhi: The Ministry of Information and Broadcasting has advised all stakeholders, including the media entities, online advertisement intermediaries and social media platforms, to refrain from showing advertisements or any promotional content on betting and gambling in any form. The ailure to adhere to this advisory may invite appropriate legal action from the government under various statutes.
Through this move, the ministry aims to prevent both direct and surrogate advertising of games that may qualify as betting or gambling.
Advertisements of gambling or betting platforms pose significant financial and socioeconomic risk for the consumers, especially (the) youth and children.
In addition, these have ink ages to money laundering networks, thereby threatening the financial security of the country, opined the advisory.
There is a tendency to spike promotion of such betting and gambling platforms during a major sporting event.
The Ministry had issued similar advisories in June and October last year, as well as March this year.
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