An Exploration of the Infamous Satta King in India
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Ongoing, First published Nov 05, 2024
Satta King is a type of lottery game that originated prior to Indian independence as a way for people to bet on the opening and closing rates of cotton transmitted from the New York Cotton Exchange. Over time, it evolved into an illegal practice of gambling on random numbers. Today, Satta King has ballooned into a massive betting market estimated to be worth over $120 billion, though much of it operates illegally without regulation or oversight.
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