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Let’s start with what matka actually means. This is the Indian name for a large clay pot from which cards or lottery numbers were drawn. These numbers were bets on the opening and closing prices of cotton, which were submitted by the New York Cotton Exchange. This form of gambling, synonymous with Satta gambling, originated before the era of Indian independence when it was…
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The Karnataka Cabinet on Saturday decided to impose a ban on online gambling or betting by amending the Karnataka Police Act, 1963. However, online lottery and betting on horse races have not been prohibited. “We are amending the Karnataka Police Act, with an intention to put an end to online gambling, on the basis of the high court’s directions. The cabinet has approved the…
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