India’s Enforcement Directorate (ED) announced that it has filed a chargesheet against Magicwin, a betting website operated by two Pakistani nationals residing in the United Arab Emirates (UAE).
According to The India Times, the prosecution complaint, akin to a chargesheet, was submitted on January 15th to a special Prevention of Money Laundering Act (PMLA) court in Ahmedabad, Gujarat.
The ED has named 14 individuals and entities in the money laundering case linked to Magicwin, stemming from a complaint by the Ahmedabad cyber crime police.
The police accused the portal of unauthorized hosting, streaming, and broadcasting of the ICC Men’s T20 World Cup 2024, for which broadcasting rights were awarded to Star India Private Limited by the International Cricket Council (ICC).
During its investigation, the ED discovered that the Magicwin brand is owned by Magicwin Sports Limited, a UK-registered company, with Gulab Harji Mal and Omesh Kumar Gurnani, both Pakistani nationals residing in the UAE, serving as directors.
The agency alleges that the website and its mobile app operated as a betting exchange, facilitating sports betting and leisure gambling while routing transactions through mule accounts.
The platform purportedly enabled betting on cricket, tennis, football, and horse racing, and offered live streaming and real-time scorecards for users. Additionally, the ED claimed that numerous celebrities and social media influencers promoted Magicwin, with the proceeds from betting activities being funneled through hawala channels and cryptocurrencies.
In October 2025, the Indian government banned real-money online gaming (RGM) and betting, characterizing it as a “financial and social menace” that undermines the financial well-being of users, particularly the youth.
