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FinTech

Probo Pulls The Plug On Real Money Gaming


SUMMARY

While Probo is better known for its opinion trading platform, it also operated a fantasy cricket platform named Team 11

Probo Team 11 had over 3 Cr users, with a promise of INR 25 Lakh daily winnings

Probo made headlines last month when the ED conducted search operations at four premises linked to it in connection with the company’s alleged “illegal gambling/ betting activities across India”

As the dust settles on the union government’s swift crackdown on the Indian real money gaming industry, troubled…



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