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Kalshi, Polymarket defy India ban on online betting platforms

Posted on May 18, 2026
By Business News Today
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1 min read

Kalshi, Polymarket defy India ban on online betting platforms

Despite India's technology ministry warning that prediction markets like Polymarket and Kalshi are illegal, customers in India continue to trade. A new law banning "online money games" went into effect May 1, yet these platforms are still accessible, with some users circumventing blocks.