According to gambling market developmental updates and news from variety of sources , it has been confirmed that the ASCI CEO and Secretary General Manisha Kapoor Took part in a conference where the point of talk was the gambling behavior of the indian consumers , He said that said: “Indian consumers are exposed to numerous ads of offshore betting and gambling companies that have no accountability in India. Several Indian celebrities too have been a part of such advertisements. He said such ads were against the laws and necessary actions was needed against such ads as well .
Head of India Desk discussed India’s iGaming potential in the most recent edition of Gambling Insider magazine : Report
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It is indeed a significant development that ASCI CEO and Secretary General Manisha Kapoor participated in a conference focusing on the gambling behavior of Indian consumers. His remarks provide valuable insights into the challenges and concerns surrounding the promotion of offshore betting and gambling companies in India.
He rightly pointed out the proliferation of advertisements from offshore gambling entities targeting Indian consumers, often without proper accountability within India's regulatory framework. The involvement of Indian celebrities in such promotions adds another layer of complexity to the issue, considering their influence on the general public.
Kapoor's call for necessary actions against these advertisements is crucial, especially in light of the potential impact on consumer behavior and the need for adherence to existing laws and regulations in the country. Regulating and monitoring such advertisements is essential to protect consumers from potential harm and ensure responsible advertising practices within the gambling industry.
Overall, this conference and Kapoor's statements shed light on the urgent need for regulatory measures to address advertising practices by offshore gambling companies in India, emphasizing the importance of protecting consumers and upholding legal standards in the evolving landscape of iGaming.
He rightly pointed out the proliferation of advertisements from offshore gambling entities targeting Indian consumers, often without proper accountability within India's regulatory framework. The involvement of Indian celebrities in such promotions adds another layer of complexity to the issue, considering their influence on the general public.
Kapoor's call for necessary actions against these advertisements is crucial, especially in light of the potential impact on consumer behavior and the need for adherence to existing laws and regulations in the country. Regulating and monitoring such advertisements is essential to protect consumers from potential harm and ensure responsible advertising practices within the gambling industry.
Overall, this conference and Kapoor's statements shed light on the urgent need for regulatory measures to address advertising practices by offshore gambling companies in India, emphasizing the importance of protecting consumers and upholding legal standards in the evolving landscape of iGaming.