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According to the preliminary findings, the casino network was illegally exchanging poker chips for foreign currency and distributing winnings in foreign exchange.
Currency recovered in raids (Credits: News18.com)
The Enforcement Directorate (ED) conducted raids at several locations across Goa, Delhi-NCR, Mumbai, and Rajkot, in a major crackdown on an alleged illegal casino and gambling network linked to Big Daddy Casino.
The searches were carried out at premises connected to Golden Globe Hotels Pvt. Ltd., Worldwide Resorts and Entertainment Pvt. Ltd., and Big Daddy Casino, Goa. During the operations, the ED seized Rs 2.25 crore in cash, USD 14,000, and other foreign currency amounting to Rs 8.5 lakh.
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The agency also seized cryptocurrencies, including USDT valued at over Rs 90 lakh, during the raids.
According to the preliminary findings, the casino network was illegally exchanging poker chips for foreign currency and distributing winnings in foreign exchange, violating India’s Foreign Exchange Management Act (FEMA).
The investigation also revealed the promotion of several online gambling websites, including rolex777.co. Co, iCasino247.com, play247s.com, Win Daddy, and Poker Daddy, allegedly run by casino staff.
The investigation also uncovered the use of cryptocurrency wallets, angadia services, and mule bank accounts** to move money across borders through hawala networks and crypto-based fund transfers.
Officials said they have seized key documents and digital records that back these findings. The ED added that this action is part of a wider crackdown on illegal gambling rackets aimed at stopping the flow of unaccounted foreign currency and digital assets. The probe is still underway.
September 29, 2025, 20:05 IST
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