The Delhi High Court has declared profits from cricket betting as 'proceeds of crime' under the anti-money laundering law.
Profits from cricket betting will be treated as "proceeds of crime" under the money laundering law if the money is found to be linked to a criminal activity defined as a scheduled offence under PMLA, ...
The court also noted that the ED can attack property generated from illegal betting even tough cricket betting is not a ...
The Courier-Mail on Wednesday revealed more than $600 million had been wagered on this season's Big Bash, mainly on betting exchange Betfair, with the monster betting figures sparking integrity ...