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Kalshi Restricts Indian Users Amid Government Crackdown on Prediction Markets

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Kalshi Restricts Indian Users Amid Government Crackdown on Prediction Markets

Analysed 23 Jun 2026·2 sources analysed·India·Business
Kalshi Restricts Indian Users Amid Government Crackdown on Prediction MarketsPreviousNext

US-based prediction market Kalshi has barred Indian users from trading event contracts following the Indian government's crackdown on online prediction markets. The Ministry of Electronics and Information Technology (MeitY) blocked access to such platforms and warned against participation, aligning with the Promotion and Regulation of Online Gaming Act, 2025, which bans online games involving monetary stakes. Despite restricted trading, Indian users can maintain membership, while authorities also caution against VPN use to bypass restrictions.

TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 10%, Centre 82%, Right 8%). Overall sentiment is neutral (42/100). Lens Score 33/100 — low public interest.

Outlets analysed (first-hand measurement by TBN's Bias Engine):

  • businessstandard— balanced framing, neutral sentiment
  • economictimes— balanced framing, neutral sentiment
Political Bias
10%82%8%
Sentiment
42%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 23 Jun 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 10%● Center 82%● Right 8%

The articles present a factual account of government regulatory actions and Kalshi's response without evident political framing. They include official government measures and platform policy changes, reflecting regulatory enforcement perspectives. The coverage does not emphasize political debate or opposition viewpoints, focusing instead on legal and administrative developments.

Sentiment — Neutral (42/100)

The tone across the articles is neutral and informative, reporting regulatory actions and platform responses without emotive language. Coverage highlights government concerns about online money gaming and addiction, balanced with platform compliance details. There is no evident positive or negative sentiment toward either the government or Kalshi, maintaining an objective stance.

How 2 sources covered this story

Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.

Reviewed byMrunal Wange· Business & Economy Editor· Edited byOjas Kale
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SourceTheir headlineBiasSentiment
businessstandardKalshi bars India users after govt crackdown on prediction marketsCenterNeutral
economictimesKalshi bars India users after govt bans prediction marketsCenterNeutral

Coverage timeline

economictimes broke this story on 23 Jun, 08:34 am. Other outlets followed.

  1. 1
    economictimes23 Jun, 08:34 am
    Kalshi bars India users after govt bans prediction markets
  2. 2
    businessstandard23 Jun, 01:00 pm
    Kalshi bars India users after govt crackdown on prediction markets

Lens Score breakdown

33/100
Public interest0/100
Coverage gap100%

Well-covered story — coverage matches public importance.

Who's involved

Institutions and figures named across source coverage.

Government
Ministry of Electronics and Information Technology
Corporate
Kalshi IncPolymarketKalshi

Story context

Category
Business
Location
India
Sources analysed
2
Last analysed
23 Jun 2026
Key entities
Prediction marketIndiaJurisdictionInformation technologyMinistry of Electronics and Information TechnologyInternet service providerOnline gamblingVirtual private networkOnline gameGovernment of IndiaParliamentEsports