India locked out of US 'future betting' platform | TheBriefWire
India locked out of US 'future betting' platform
Published 23 June 2026 ยท india
Synopsis US-based prediction market Kalshi has now officially restricted Indian users from trading, following government action against such platforms. This move comes weeks after India's
Synopsis US-based prediction market Kalshi has now officially restricted Indian users from trading, following government action against such platforms. This move comes weeks after India's IT ministry warned against participating in online prediction markets and blocked access to sites like Kalshi. The government's crackdown aligns with its new online gaming regulations, which ban monetary stake games. Users in restricted areas can still maintain membership but cannot trade event contracts.
Published: June 23, 2026 โข 1:58 PM IST ยท Updated: June 23, 2026 โข 5:37 PM ISTBy TheBriefWire Editorial Team
Key points
Synopsis US-based prediction market Kalshi has now officially restricted Indian users from trading, following government action against such platforms.
This move comes weeks after India's IT ministry warned against participating in online prediction markets and blocked access to sites like Kalshi.
The government's crackdown aligns with its new online gaming regulations, which ban monetary stake games.
Users in restricted areas can still maintain membership but cannot trade event contracts.