Real Many Games – The author is a professor of the Faculty of Economics P.G.D.A.V. College (University of Delhi) For some time, you must have seen advertisements for some apps where sports stars advertise online games, although at the same time in the same ad there is a brief warning: « Play these games carefully, they can be addictive ». “In fact, our youth today are trapped in apps and games promoted by these celebrities. The real money gaming industry has grown significantly thanks to the expansion of the internet and mobile devices in this country for some time now. By 2025, the industry’s business is expected to exceed $5 billion.”

Various types of internet and app-based games, including virtual games such as fantasy sports, rummy, ludo, stock trading games and cryptocurrency-based games, are called real money games that are played for money and prizes. These games are based on both skill and chance. But whether it’s based on skill or opportunity, it’s growing rapidly, with companies promoting these apps and websites making huge profits.

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Since the advent of these real money games, there have been many cases of young people ending their lives after going into debt. This is because they are really addictive and the chances of winning in these games are very slim. In some cases, even families have been destroyed after a young member was trapped in huge debts due to these addictive apps.

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In 2020, an app company called Dream-11 bought the rights to sponsor IPL cricket by paying Rs 222 crore. After that, Dream-11 became a household name. Other fantasy cricket apps have also bought the IPL’s advertising rights. All these apps are endorsed by top cricket stars. Celebrities include m. Dhoni, Rohit Sharma, Hardik Pandya and Rishabh Pant.

Reports indicate that the majority of young people who commit suicide due to gambling addiction via these apps are aged 19-25 and include students, migrant workers and entrepreneurs.

Most courts have recognized the validity of these fantasy games, accepting the argument that they are a game of skill. However, understanding the appeal, six governments have banned or disallowed fantasy cricket platforms so far. Chief Minister of Andhra Pradesh Y.S. Jagan Mohan Reddy asked the Union government to ban 132 such apps.

While some studies maintain that winning this game of fantasy cricket is not random and therefore not gambling, some sports psychologists believe that fantasy cricket is actually gambling and can lead to pathological gambling behavior. However, the logic of people associated with this « industry » is that there is no point in getting addicted to fantasy sports since the average ticket price in this is only Rs 35, so no one can lose more than 10 lakhs in such games for the duration of their life.

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However, the information that people are committing suicide after running into lakh rupees lakhs because of these « games » this argument is wrong. Therefore, further research is needed on this topic. It should be noted that currently this industry is not subject to any laws and is self-regulated. Therefore, rather than getting information from the industry itself, only a thorough investigation of these apps can reveal the truth.

Neoliberal economic theories not only say that risk is important, but also glorify it. Many financial instruments have entered the era of neoliberal politics and speculation has become an integral part of today’s economies. While speculation in the stock, commodity and forex markets has many side effects, it is legally allowed. With speculation entering mainstream life, fantasy games also gained widespread acceptance.

In fantasy games, some players may win and some may lose, but the app companies that run these games make huge profits. This profit prompts them to buy sponsorship rights by paying hefty fees to cricket regulators such as the BCCI. It should be understood that their profits are made at the expense of those poor students, workers, farmers and ordinary people who put their savings on the line in these games and even borrow to play these games for real money.

We find that courts and administrative authorities have information about these games that customers do not. The Supreme Court noted that the results of arcade games can be affected by mechanical manipulation.

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In such a situation, the Indian government and the administrative ministries concerned cannot stand idly by. Apps that encourage young people to gamble should be banned. Until this process is completed, advertising, especially of celebrities, will have to be banned. 7Cric is a new online casino founded in late 2022. Since its inception, 7Cric has quickly become the number one choice for Indian gamers due to its numerous daily promotions and bonuses, huge game library, and partnerships with global gaming companies.

All Pragmatic Play Casino games and slots except Money Roll, Irish Charms and 888 Gold & Diamonds are 3 lines forever.

Real money online casino in India at online gambling site 7Cric allows players in India to play casino games for real money. We offer a wide range of games including slots, table games and live dealer games.

Players can deposit money into their accounts through a variety of methods such as credit card, e-wallet or bank transfer, and even cryptocurrencies such as Bitcoin. The winnings can then be withdrawn to the player’s account or used to continue playing.

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It should be noted that online gambling is not fully regulated in India, so players should do their own research and only play at reputable sites like 7Cric that are licensed and regulated.

List of the best casino games in India Play the casino games demo in fun mode and play for real money whenever you want.

7Cric is a very reputable online casino that caters specifically to Indian players. With a wide selection of games, including both traditional casino favorites and newer, more innovative options, 7Cric offers something for every type of player. In addition to a wide range of games,

7Cric also provides players with a safe and secure gambling environment, with advanced security measures to protect player information and financial transactions. With excellent customer service and a user-friendly interface, 7Cric is the best online casino site for Indian players looking for top notch gambling.

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If you are looking for an online casino that caters specifically to Indian players, look no further than 7Cric. Currently, this site is one of the best options for real money casino games, with over 2000 different games available.

Plus, you can easily deposit and withdraw with popular methods like Paytm, Google Pay, and UPI. That’s why we named 7Cric the best online casino of the month. At 7Cric, we are committed to making our site the preferred choice for Indian players.

We offer a huge selection of live casino table games, including favorites like Teen Patti and Andar Bahar, with more formats on the way. We are always looking for new ways to make your 7Cric experience even better, such as offering exciting promotions with prizes such as Sachin Tendulkara Cricket Bats, an autographed PS5 and even a VIP trip to Goa.

But perhaps most importantly, 7Cric is known for its fast withdrawal process, which means you can withdraw your winnings quickly and easily. According to our own tests, 7Cric has some of the fastest payout times of any online casino in India.

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So if you are looking for a top notch gambling game with lots of options and fast payouts, 7Cric is the perfect choice. 7Cric is a new online casino founded in late 2022. Since its inception, 7Cric has quickly become the number one choice for Indian players due to its numerous promotions, daily bonuses, huge game library and partnerships with global gambling companies.

All Pragmatic Play Casino games and slots except Money Roll, Irish Charms and 888 Gold & Diamonds are 3 lines forever.

Real money online casino in India at online gambling site 7Cric allows players in India to play casino games for real money. We offer a wide range of games including slots, table games and live dealer games.

Players can deposit money into their accounts through a variety of methods such as credit card, e-wallet or bank transfer, and even cryptocurrencies such as Bitcoin. The winnings can then be withdrawn to the player’s account or used to continue playing.

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It should be noted that online gambling is not fully regulated in India, so players should do their own research and only play on reputable sites like 7Cric that are licensed and regulated.

List of the best casino games in India Play the casino games demo in fun mode and play for real money whenever you want.

7Cric is a very reputable online casino that caters specifically to Indian players. With a wide selection of games, including both traditional casino favorites and newer, more innovative options, 7Cric offers something for every type of player. In addition to a wide range of games,

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