
Ajay Raag
Reporter at the Economic Times who investigates payments, money flows and regulatory gaps in online betting, explaining mule-account networks and traffic trends.
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Mar 10, 2026 • 15min
Banned But Booming: How The Money Gaming Crackdown Created an Offshore Goldmine
Ajay Raag, a payments and money-flows reporter, and Disha Acharya, an investigative journalist on offshore gaming, unpack how offshore platforms evaded India’s ban. They discuss mirror sites, regional interfaces and seamless UPI flows. They examine mule-account networks, massive user traffic from India, enforcement gaps and the ban’s industry fallout.


