As online gambling has expanded its reach all over the world, Asia is no exception. Specifically, India’s population of 1.3 billion people offers online gaming a customer base like no other. Making up nearly 18% of the world’s total population, there are bound to be gamblers itching to increase their reach and play games that are more familiar to them. Over the past few years, the face of gambling has changed and the industry along with it. With many casinos investing in online casinos to satisfy their players and increase profits. The global online casino industry is expanding and India will not be left behind.
The Public Gaming act of 1867 is a law in India that prohibits anyone from running or managing a public gaming house. However, there is a growing market for gambling in India, thus far three Indian states allow casinos, Goa, Sikkim, and Daman, offering land-based casinos and games in the aforementioned states. As growth in the industry is seen, operators are pushing for laws to be softened for business opportunities. Businesses and off-shore operators motivate that it would benefit the country when it comes to taxed income from the gambling industry. In 2019, the estimated value of online casinos in the country came in at ₹62 billion with a calculated increase of 400 percent within the next 10 years.
Online casinos have taken hold of the Indian gambling community with off-shore operators increasing their offerings to target Indian players. Even though the legislation is stuck in a legal quandary, no specific rules are barring off-shore operators from offering their online casinos to Indian players.
Being an online casino player in India may seem difficult in the past, but today there are options available online that offer easy and safe payment methods in Indian Rupees. These casino sites also offer games that Indian gamblers would be familiar with like Teen Patti, Andar Bahar,and Jhandi Munda. If you’re a gamer that enjoys more interaction, live casinos are available as well, even in Hindi to make things even simpler.
The numbers speak for themselves, but so do the local operators. There is more motivation for India to legalize gambling and online casinos from Indian operators and players alike. Wanting a safer and more regulated online gaming environment. India has the second-largest smartphone market in the world and with that many people having access to the internet there is a sure and expanding market for online casinos. Investment in the market is something that is pushed for and something to keep an eye on, interest in the market is growing and worth taking a risk to benefit from in the near future.