According to Kalshi’s member agreement updated on June 17, 2026, the operator added India to its list of restricted jurisdictions and blocked local users’ access to event...
Despite arguments for early consideration, India’s Chief Justice Surya Kant has deferred the hearing on challenging the new ban on real-money gaming to January 2026.
The Promotion and Regulation of Online Gaming Act (PROGA) was passed in August 2025 and banned all real-money gaming (RMG) platforms in India. Regulators believe the unchecked expansion of RMG led to financial fraud and money laundering and called the sector a “masquerade in the shadows of legal ambiguity”.
PROGA has prohibited operators from offering any type of money-based game, including games of chance and fantasy sports.
Critics argue that the ban has had a negative influence, as reports show that it has pushed players to illegal offshore platforms. It was indicated that before the ban, only 3.4% of users spent time on offshore platforms; however, the numbers grew to 44% after the ban.
The report wrote:
“This rise in repetitive, high-frequency play aligns with the findings that offshore platforms are perceived as very easy to use for deposits and withdrawals. 93.7% rated the process as easy or very easy, making it simple for players to re-enter games multiple times a day.”
Additionally, RMG platforms reported $840 million in asset write-downs, and 7,000 Indians lost their jobs.
