Haryana offered Opinion Trading Apps like Proobo, Sportsbaazi, MPL Opinio closed operations – Haryana has officially banned opinion trading platforms such as probo sportsbaazi mpl opino

opinion trading apps

opinion trading apps

Haryana has officially banned opinion trading platforms such as probo, sports and MPL opinio. According to Mint’s report, the ban will be effective from the previous date 9 April 2025. The ban has been implemented after a PIL and the intervention of the Punjab and Haryana High Court. This has been done under the new Prevention of Public Gambling Act, 2025. MPL opinio stopped operations in Haryana earlier this week.

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The new law makes the operation of these apps criminal within Haryana. Also, they classify them as public gambling activities. The Prevention of Public Gambling Act, 2025 gives exemption to “Skills Games”, but it does not clearly include fantasy games or opinion trading. This has created a situation of legal uncertainty.

How much punishment provision

The Act, especially in sports, strict steps have been taken to deal with match fixing and spot fixing. There is a minimum sentence of 3 years, which can be increased to 5 years. There is also a fine, which starts from Rs 5 lakh. Not only this, those who commit crime can be jailed for up to 7 years. In the Act of Haryana, betting is roughly defined as oral, written or contained, any compromise. A compromise that is based on the results of uncertain events and where predictions cause financial or physical loss when failure fails. Opinion trading apps are also under its purview.

Chhattisgarh High Court has also issued similar instructions

Earlier, the Chhattisgarh High Court had also issued the same instructions like Haryana, in which live-blocking was made mandatory for such platforms inside the state. Investors have shown great interest in platforms like probo. Probo has made investment from Peak XV Partners, Elevation Capital and The Fundamentum Partnership.

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