Online gambling is rapidly spreading in Bangladesh, luring young people into losing millions. Foreign-operated betting sites, facilitated by local agents, are siphoning vast sums of money abroad, posing a major economic risk. Mobile financial services like bKash and Nagad are being used for transactions, making regulation difficult. Despite government crackdowns, gambling ads flood social media, targeting users in Bengali. Experts warn of rising addiction, family turmoil, and security threats. Urgent government action and public awareness are crucial to curb this growing menace.