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India set to become iGaming juggernaut

  • author icon by Kally in Industry
  • calendar icon March 22, 2020 | Last updated: July 14, 2022
  • calendar icon 5 min read
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The online iGaming industry is a behemoth that shows no signs of slowing down its rate of growth. The last decade has seen a massive spike in revenues across the world. What may be surprising is that the growth is not restricted to only the regulated sectors, such as Canada, the United Kingdom, and the rest of the European Union. In fact, one of the most noticeable upturns in growth has been in India.

The online gambling climate is currently sitting at over 60 Billion Rupees (US$ 806.5 million), with forecasts on the positive side, estimating that the Indian market is set to quadruple over the next decade.

The rapid growth is attributed to two main factors. The first but least prominent reason has to do with the number of Affiliate marketing gambling sites doing the rounds on the internet. These sites help players find the right casinos to play at, offer information on gambling, provide player guides, and so much more. These sites have created a great appeal for gambling past time.

The second, but the most prominent reason why the iGaming sector has grown in India, is directly linked to the growth in technology in the country. Access to technology and the internet are readily available to Indian consumers. Mobile Smartphones and tablets have never been as accessible as they have been over the last while.

It has provided the platform for players to easily access international gambling sites, which are often especially equipped for the mobile casino market. As technology advances and more and more devices enter the market, the more the iGaming industry is likely to grow toward the expected projection of around 250 Billion Rupees by 2030.

Fortunately, the gambling climate in India is presently supportive of online gaming. The government does not actively promote the practice but has had a hand in its acceleration indirectly by driving initiatives to expose its people to technology and the internet.

The laws in the country only ban land-based casino gambling, but because the Public Gambling Act was introduced as far back as 1867, there is no mention of digital platform gambling. Internet gambling has therefore found a loophole in the law and can be practised without sanction.

Many of the provinces in India remain unregulated in this regard, except Goa and Sikkim. But thanks to the lack of amendments to the constitution, Indians have fair access to a range of top online casinos affording them top gambling content.

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Indian players have not left the dregs of the casino pool, with many reputable platforms offering their online and mobile casinos to players in Rupees. Three of the most recommended Indian online casino sites in this jurisdiction, include Casumo Casino and Rizk.

Casumo bears some of the broadest shoulders in the industry, providing the full casino package, and Rizk provides some of the best promotions available as well as the bonus of offering both casino and sports betting game options.

The most popular online casino games in India include online slots gaming and live casinos. With such a big population, it’s only natural to expect a great variety of tastes from player to player. Whether it's bonus-loaded video slots, roulette wheels, Blackjack, or Poker, the games go down well in India.

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With the highest population in the world, it is not impossible to think that India could become the dominant gambling region on the globe in a short amount of time. The state legislation offers no opposition, so there is nothing really holding the country and its players back from dominating this arena.

Be on the watch for online gambling in India, as it seems like it could be the dark horse in the gambling race.

| Last updated: July 14, 2022

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Article by Kally

CasinoWow Contributor

Hi, I’m Kally and I am proud to be part of the CasinoWow family! The last few years have helped me enrich my insights on the gambling world online and now, I can say I recognise the best casino brands and operators. I am more than happy that I get the chance of helping the players make the right choice when it comes to online casinos.

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