[4] He simplified the game by introducing draws using playing cards or chits from an earthen pot (matka), which added transparency and credibility to the process.
[3] The matka business began to decline in the 1990s due to increased police action and internal disputes within the gambling community.
In 1993, Khatri retired from active involvement in matka betting after an incident where he was placed on a no-fly list during a family vacation.
Ratan Khatri is remembered as a pioneer who transformed matka into an organized and highly profitable industry.
A biopic based on his life is reportedly under development, highlighting his rise as the "Matka King" and his impact on Indian society.