Final Up to date:September 29, 2025, 20:48 IST
In keeping with the preliminary findings, the on line casino community was illegally exchanging poker chips for international forex and distributing winnings in international change.
Foreign money recovered in raids (Credit: News18.com)
The Enforcement Directorate (ED) performed raids at a number of places throughout Goa, Delhi-NCR, Mumbai, and Rajkot, in a significant crackdown on an alleged unlawful on line casino and playing community linked to Huge Daddy On line casino.
The searches had been carried out at premises related to Golden Globe Resorts Pvt. Ltd., Worldwide Resorts and Leisure Pvt. Ltd., and Huge Daddy On line casino, Goa. Through the operations, the ED seized Rs 2.25 crore in money, USD 14,000, and different international forex amounting to Rs 8.5 lakh.
The company additionally seized cryptocurrencies, together with USDT valued at over Rs 90 lakh, through the raids.
In keeping with the preliminary findings, the on line casino community was illegally exchanging poker chips for international forex and distributing winnings in international change, violating India’s International Alternate Administration Act (FEMA).
The investigation additionally revealed the promotion of a number of on-line playing web sites, together with rolex777.co. Co, iCasino247.com, play247s.com, Win Daddy, and Poker Daddy, allegedly run by on line casino employees.
The investigation additionally uncovered using cryptocurrency wallets, angadia providers, and mule financial institution accounts** to maneuver cash throughout borders by means of hawala networks and crypto-based fund transfers.
Officers stated they’ve seized key paperwork and digital data that again these findings. The ED added that this motion is a part of a wider crackdown on unlawful playing rackets aimed toward stopping the circulate of unaccounted international forex and digital property. The probe remains to be underway.
September 29, 2025, 20:05 IST
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