SATTA MATKA GOLDEN MATKA

Matka also Satta is essentially is a form of lottery which, in its current way, began

in Mumbai in the 1960s. It has been in existence since the pre-Indian independence era when it was known as Ankada Jugar a.k.a. Figures gambling. Kalyanji Bhagat and Rattan Khatri were the ones who pioneered and controlled the Matka

syndicate in Mumbai. History 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. In contrast, 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 Matka which resulted in bookies opening their

shops in and around the mill areas which were predominantly located in Central Mumbai. Satta Matka

resulted in Central Mumbai becoming the hub of the matka business in Mumbai.

The decades of the 1980s and 1990s saw the matka business reach its peak. Betting volumes over Rs. 500 crores 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 primary source of betting in

the city, the punters got attracted to other sources of gambling, such as online and that at

lotteries. Meanwhile, the wealthy 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.

Matka Kings Kalyanji Bhagat

Kalyanji Bhagat was born a farmer in the village of Ratadia, Ganesh Wala, in Kutch, Gujarat.

Kalyanji’s family name was Gala and the name Bhagat, a modification of bhakt, was a title

given to their family by the King of Kutch for their religiousness.

He arrived as a migrant in Bombay in 1941 and initially did odd jobs such as masala

ferriwala to managing a grocery store. In the 1960s, when Kalyanji Bhagat was running

a grocery shop in Worli, he pioneered matka gambling by accepting bets based on the opening

and closing rates of cotton traded on the New York wholesale market. He used to operate

from the compound of his building Vinod Mahal, in Worli.

After Kalyanji Bhagat, his son Suresh Bhagat managed the business along with his wife, Jaya

Bhagat, who he married in 1979. Suresh Bhagat murder conspiracy

On June 11, 2008, a truck rammed into a Mahindra Scorpio in which Suresh Bhagat and six others,

including his lawyer and bodyguards, were traveling, killing all of them. They were returning from

an Alibaug court, where the hearing of a 1998 narcotics case had been held. During investigations

by the police, it was revealed that Hitesh Bhagat and his mother Jaya Bhagat had hatched

the plot to kill Suresh Bhagat. Hitesh and nine others, including Jaya, were arrested

and were tried under the stringent act of Maharashtra Control of Organised Crime Act and subsequently convicted. Rattan Khatri

Rattan Khatri, known as Satta  King, from the early 1960s to the mid-1990s, controlled a

nationwide illegal gambling network with international connections that involved several lakh punters

and dealt with crores of rupees. Khatri’s matka started in the bustling business

area of Dhanji Street in Mumbadevi, where idlers used to wager on the daily trickle of the

fluctuating cotton rates from the New York market. Gradually, it became a big gambling hub as the quantum of bets and bettered increased.