Satta Matka
Satta Matka | Kalyan Matka
In 1962, Kalyanji Bhagat began the Worli matka. Rattan Khatri introduced the New Worli matka in 1964, with slight modifications to the rules of the game. Kalyanji Bhagat's matka ran for all days of the week, whereas Rattan Khatri’s matka ran only five days a week, from Monday to Friday.
The flourishing of textile mills in Mumbai, saw many mill workers getting attracted to satta matka which resulted in bookies opening their shops in and around the mill areas which were predominantly located in Central Mumbai. This resulted in Central Mumbai becoming the hub of the matka business in Mumbai.
The decades of 1980s and 1990s saw the satta matka business reach its peak. Betting volumes in excess of Rs. 500 crore would be laid every month. The Mumbai police’s massive crackdown on the matka dens forced dealers to shift their base to the city’s outskirts. Many of them moved to Gujarat, Rajasthan and other states. With no major source of betting in the city, the punters got attracted to other sources of gambling such as online and zhatpat lotteries. Meanwhile, the rich punters began to explore betting on cricket matches.
Till 1995, there were more than 2,000 big and medium-time bookies in the city and neighboring towns, but since then the numbers have declined substantially to less than 300. Off late, the average monthly turnover has remained around Rs. 100 crore.
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