{ "schemaVersion": "vultax-public-research-data-v1", "articleUrl": "https://vultax.com/research/prediction-market-legality/india", "datasets": [ { "title": "Kalshi, Polymarket US and polymarket.com in India", "columns": [ { "name": "Product", "unit": null }, { "name": "What applies in India", "unit": null }, { "name": "Source and date", "unit": null } ], "rows": [ [ "polymarket.com (international)", "Named as blocked under section 69A of the IT Act in a MeitY advisory; India is absent from both of Polymarket's own restriction lists, which is not permission", "MeitY advisory, April 2026; Polymarket documentation and help page, read 30 October 2026" ], [ "Kalshi event contracts", "Restricted under Kalshi's own member agreement since 22 June 2026; no Indian order naming Kalshi found", "Kalshi member agreement, 1 October 2026 version" ], [ "Polymarket US (QCX exchange)", "Built for US residents; no Indian document names it", "Polymarket US documentation, read 30 October 2026" ] ], "measurementContext": "Read 30 October 2026. A row says what an Indian authority's document or a venue's own document states.", "sources": [ { "label": "Promotion and Regulation of Online Gaming Act, 2025 (Act No. 32 of 2025)", "url": "https://www.meity.gov.in/static/uploads/2025/10/8a7f103cefc68ed8aaa2ebc9a2ed7c13.pdf", "note": "Assent 22 August 2025. Section 2(g) defines an online money game; section 5 bans offering one; sections 6 and 7 cover advertising and payments; section 9 sets penalties; section 14 covers blocking" }, { "label": "Promotion and Regulation of Online Gaming Rules, 2026, G.S.R. 303(E) (22 Apr 2026)", "url": "https://www.meity.gov.in/static/uploads/2026/04/7e0b02d37fd07f81fa48578a9996aa85.pdf", "note": "In force from 1 May 2026" }, { "label": "Press Information Bureau: release on the Online Gaming Rules, 2026 (22 Apr 2026)", "url": "https://www.pib.gov.in/PressReleasePage.aspx?PRID=2254606®=3&lang=1", "note": "The Online Gaming Authority of India is an attached office of MeitY; the Rules stop banks and payment systems facilitating prohibited transactions" }, { "label": "MeitY Cyber Laws Division: advisory to VPN providers and intermediaries, No. 2(6)/2024-CL&DG-Part(1) (April 2026)", "url": "https://www.meity.gov.in/static/uploads/2026/04/c99a3ded4d682879951d238b7a671a39.pdf", "note": "Names Polymarket among sites blocked under section 69A of the IT Act; does not name Kalshi. The date on the scan is unclear; press reports date it 25 April 2026" }, { "label": "CoinDesk: India cracks down on prediction markets (22 May 2026)", "url": "https://www.coindesk.com/markets/2026/05/22/india-cracks-down-on-prediction-markets-polymarket-goes-dark-kalshi-could-be-next", "note": "Press report of internet providers told to cut access to Polymarket; the blocking order itself is not public" }, { "label": "Supreme Court Observer: challenge to the Online Gaming Act, T.C.(C) No. 133/2025", "url": "https://www.scobserver.in/cases/challenge-to-the-promotion-and-regulation-of-online-gaming-act-2025/", "note": "Case tracker, not a court record; no stay of the Act or the Rules was found" }, { "label": "Kalshi: Member Agreement, Section VI, version of 1 Oct 2026 (read 30 Oct 2026)", "url": "https://kalshi-public-docs.s3.amazonaws.com/regulatory/agreement/kalshi_member_agreement.pdf", "note": "Kalshi's public regulatory copy; 55 places where trading event contracts is restricted, a list last changed on 22 June 2026. The venue's own policy, not a finding about local law" }, { "label": "Polymarket documentation: geographic restrictions (read 30 Oct 2026)", "url": "https://docs.polymarket.com/api-reference/geoblock", "note": "Blocked, close-only and website-only close-only lists for polymarket.com; does not cover Polymarket US" }, { "label": "Polymarket Help Center: geographic restrictions (read 30 Oct 2026)", "url": "https://help.polymarket.com/en/articles/13364163-geographic-restrictions", "note": "Updated 29 Oct 2026; headed 40 countries completely restricted but listing 41 codes, and differs from the developer documentation" }, { "label": "Polymarket US documentation: what is Polymarket US (read 30 Oct 2026)", "url": "https://docs.polymarket.us/getting-started/what-is-polymarket-us", "note": "Describes Polymarket US as a CFTC-regulated exchange built for US residents" } ], "measurement": { "kind": null, "temporalCoverage": null, "population": null, "methodology": null }, "id": "venues-table", "kind": "published-table", "description": "India's Online Gaming Act bans online money games, and the government says polymarket.com is blocked. Kalshi lists India as restricted. What the Act and the Rules say, and what each venue does.", "articleUrl": "https://vultax.com/research/prediction-market-legality/india", "sectionUrl": "https://vultax.com/research/prediction-market-legality/india#venues", "publishedAt": "2026-10-30", "modifiedAt": "2026-10-30", "version": "75aaae32a008bff0d9f900e6c89f37b7dfe0f67991e2e1248234f018f2ba606f", "isLive": false, "limitations": "Published research snapshots and calculations; these exports do not contain current quotes or live account data. Observation windows and populations are stated in the source captions and methodology. Missing metadata is unknown, not zero. Describes Indian legislation, a government advisory and venue documents as read on 30 October 2026. The section 69A blocking order is not public. Nothing here is legal or financial advice.", "downloads": { "json": "https://vultax.com/research/prediction-market-legality/india/data.json?dataset=venues-table", "csv": "https://vultax.com/research/prediction-market-legality/india/data.csv?dataset=venues-table" } } ] }