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Lottery king Martin owned Future Gaming top donor through electoral bonds with Rs. 1300+ crores
The Election Commission of India today uploaded the data on electoral bonds on its website as received from the State Bank of India, in line with an order from the Supreme Court earlier this week. The list released includes the donations made
through the bond between April 2019 and January 2024. Interestingly, of all the businesses across the
sectors that donated to political parties using electoral bonds, Coimbatore based Future Gaming And Hotel Services Limited turned out to be the highest donor with Rs. 1,368 crores. Future Gaming is owned and controlled by Santiago Martin also known as Lottery King controls major share of lottery distribution in the country. Martin is said to maintain close links with TMC, the ruling party of West Bengal which is biggest market
CISF and CRPF take action against online gambling and financial risks among personnel
To address emerging challenges within their ranks, both the Central Industrial Security Force (CISF) and the Central Reserve Police Force (CRPF) have initiated measures to curb online gambling and financial risks among their personnel. The CISF, during a press conference marking its
55th Raising Day, revealed concerns about the negative effects of online gambling and fraud on its personnel. CISF Special Director-General Piyush Anand highlighted the concerning tendency of staff suicides, while he mentioned it as a personal issue, he particularly referred to online gambling and fraud as significant factors. Addressing the issue of mental health and cases of suicides among CISF personnel, Anand emphasized that while most cases were attributed to personal rather than professional reasons, the
18 APRIL 2024
Minister Narendra Modi. However, political links and donations appears cannot save Future Gaming from legal woes as Enforcement Directorate is often seen attaching the properties of the lottery distributor in various cases. Future Gaming is also a major donor of political parties through Prudential Electoral Trust. Another gaming related entity we found in the list
for Future Gaming. He is also said to have links with other political parties in his home state Tamil Nadu. In 2021, we reported about possible links of Martin with national expansion plans of TMC. In run up to 2014 general elections, Martin’s wife also joined BJP and shared stage with now Prime
released today by ECI is High Street Cruises and Entertainment Private Limited a group entity of Delta Corp which donated Rs. 30 lakh in 3 bonds of Rs. 10 lakh each. Other large buyers include Hyderabad-based infrastructure giant Megha Engineering & Infrastructures Limited, a Reliance-linked company Qwik Supply Chain, mining conglomerate Vedanta and a subsidiary of the Kolkata-based Sanjiv Goenka group are all unrelated to gaming.
force was taking proactive steps to address the underlying issues, reported The Hindu. He revealed that CISF is organising financial literacy classes to educate staff about the risks associated with online gambling and financial fraud. During the Raising Day address he said, “If they are gambling online and consequently someone owes a debt of Rs.10 lakh to Rs.20 lakh, one feels stressed and doesn’t see a way out. You fall into a trap set by some online fraudster and they siphon off Rs.10 lakh to Rs.20 lakh from your account, again you face financial stress.” CRPF has also taken a proactive stance against online gaming activities among its personnel. Unit in-charges across all states have been tasked with identifying personnel engaged in online gaming, cryptocurrency trading, and risky financial transactions. This initiative aims to prevent personnel from falling into financial crises due to their participation in online gambling and speculative trading activities. During a meeting held on February 12, DG Anish
Dayal Singh emphasized the need to assess the impact of online gaming and other risky transactions among CRPF personnel and to implement effective preventive measures accordingly. As per the directives issued by the DG, unit in-charges across all states have been instructed to gather information regarding personnel participating in online gaming platforms such as
Dream11, My11 Circle, Teen Patti, Junglee Rummy, Rummy Circle, as well as those involved in crypto trading, equity trading, and non-bank loans, reported Indian Express. This directive follows a similar initiative
undertaken by the Director General of the Border Security Force (BSF), who ordered the compilation of details regarding personnel with loans from banks or insurance companies, particularly focusing on regular defaulters. This decision came because of an incident involving a BSF constable, Amit Rana, who allegedly faked his death to evade loan repayments and was subsequently arrested in June last year. Both security forces are conducting thorough
inquiries into the underlying causes of personnel suicides and instances of financial distress. They are also implementing measures to promote mental well-being and financial literacy among their ranks.
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