
Ratan Khatri was an Indian gambling kingpin and film producer, widely regarded as the "Matka King" for his central role in transforming matka, a form of betting, into one of the most lucrative underground industries in India. Born in Karachi, British India, Khatri migrated to Mumbai during the Partition of 1947. Over several decades, he established a nationwide gambling network that became synonymous with his name and legacy.
Ratan Khatri was an Indian gambling kingpin and film producer known as the "Matka King" for building matka—a form of betting—into one of India's largest underground industries. Born in Karachi and later based in Mumbai, he created a nationwide gambling network that became legendary and defined the illicit betting underworld for decades.
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Ratan Khatri (c. 1932 – 9 May 2020) was an Indian gambling kingpin and film producer, widely regarded as the "Matka King" for his central role in transforming matka, a form of betting, into one of the most lucrative underground industries.
Early life
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