**Crackdown on 150+ Surrogate Betting Firms Causes Billions in Loss**
A recent crackdown by the authorities on over 150 surrogate betting firms has resulted in billions of rupees in losses, according to a report by The News.
The crackdown comes after the recent amendment in the Pakistan Telecommunication (Re-Organization) Act, 2015, which banned surrogate betting and online betting.
As a result of the crackdown, the surrogate betting firms have been forced to close down, causing significant financial losses to the owners and employees of these firms.
The report states that the losses are estimated to be in the range of billions of rupees, with some firms reporting losses of up to Rs. 100 crore.
The authorities have expressed concerns over the growing menace of surrogate betting in the country, which they say is being fueled by the lack of effective regulations.
The authorities have also warned that those found guilty of operating surrogate betting firms would face severe penalties, including fines and imprisonment.
The crackdown is seen as a major step towards curbing the menace of surrogate betting in the country, which has been linked to organized crime and money laundering.
As the crackdown continues, it remains to be seen how the affected parties will cope with the financial losses and what measures the authorities will take to prevent such cases in the future.
**Source:** The News
**Date:** 8th April 2026