India is facing a concerning surge in online betting and fantasy gaming, raising alarms about addiction and financial distress among its population. The proliferation of betting apps has particularly impacted the younger demographic, with many individuals falling into the trap of excessive gambling. This trend has not only led to personal struggles but has also put families under significant financial pressure.
In one instance, a postgraduate student from Kanpur, Pradeep Kumar, found himself ensnared in a cycle of gambling addiction, resulting in substantial financial losses and the need to seek counseling. Sadly, Kumar’s story mirrors that of many others in India, where families have suffered dire consequences due to online gambling activities. Tragic incidents, such as a family in Nizamabad resorting to extreme measures after their son accrued a massive debt through online gambling, underscore the severity of the issue.
The online gambling industry in India boasts over 140 million regular users, a number that escalates during major events like the Indian Premier League (IPL). Concurrently, fantasy gaming platforms like Dream11 and My11Circle have witnessed significant growth, attracting millions of users who engage in virtual team formations based on real players’ performances. The allure of these platforms is further amplified by celebrity endorsements and social media influencers, contributing to their widespread popularity.
Psychiatric experts have highlighted the detrimental impact of gambling addiction on individuals’ mental health and relationships. Dr. Achal Bhagat from New Delhi emphasizes the need for intervention when betting apps begin to dominate a person’s daily life, stressing the importance of seeking help to address such compulsive behaviors.
Neuropsychiatrist Anjali Nagpal warns of the normalization of ‘gambling disorder’ in India, attributing this trend to the influence of celebrities and social media in glamorizing online betting. She explains how the allure of quick wins triggers dopamine rushes, leading individuals into a cycle of addiction characterized by escalating financial losses and emotional strain. Nagpal advocates for stricter regulations to mitigate the adverse effects of online gambling on society.
While the Indian government has taken steps to combat illegal betting activities, challenges persist in regulating offshore online gaming entities that operate beyond national jurisdictions. The distinction between fantasy gaming, classified as a “game of skill,” and betting, deemed a “game of chance,” poses regulatory complexities that necessitate clearer definitions to safeguard users, particularly vulnerable youth.
Experts like Rushindra Sinha caution against the deceptive marketing tactics employed by some online gaming platforms, which blur the line between entertainment and gambling. Sinha advocates for enhanced oversight and transparency in the industry to protect users, particularly young audiences targeted by such platforms. By delineating clear boundaries and implementing robust safeguards, the aim is to foster responsible gaming practices and uphold ethical standards in the online betting landscape.