Overview

• A special PMLA court remanded the Chitradurga Congress legislator to ED custody until August 28 for interrogation on alleged online and offline betting operations.
• ED says the inquiry now covers shell companies and casino connections in Sri Lanka, Nepal and Georgia, with records indicating profit-sharing outside formal books.
• Officials allege the King567 betting app is handled from Dubai by the MLA’s nephew, with associates running gaming operations from the UAE.
• Searches at 31 locations, including five Goa casinos, led to seizures of about Rs 12 crore in cash, significant gold and silver, luxury vehicles and frozen bank accounts.
• Veerendra was arrested in Gangtok, where ED says he was exploring a land-based casino lease, and documents indicate talks to buy a casino linked to Santiago Martin.