The Indian gaming industry has been booming for years, with the number of players from 2013 to 2018. The country’s population of over 1.417 billion people is the largest in the world and has made it a lucrative market for casino operators to enter. Several online casino trends are driving the surge while improving the gaming experience for Indian players.
The Indian gaming industry is on the rise. This rise is occasioned by technological and global trends in the gambling industry. The Indian market has become a hotbed for many casino developers who have noticed this market’s potential. With the number of mobile phone users in India expected to reach 1 billion by 2026, this would make India one of the largest markets for mobile gaming globally.
Read on to find out about India’s casino industry growth and the growth drivers.
Mobile Gaming
Mobile gaming is rapidly growing in India, and people spend more time playing games online on their mobile devices than on any other device. Mobile casinos are becoming popular among players across all age groups and genders, who can now enjoy online casino gaming from anywhere in the world.
Mobile gaming has become one of the most popular forms of entertainment today. No matter where you are, you can enjoy the thrill of playing casino games like poker, live blackjack, or roulette on your smartphone or tablet. Mobile casinos are taking over land-based casinos through mobile devices as they are easier to access and offer instant gratification causing a rise in gaming in India.
With over 829 million smartphone users in India, the mobile gaming industry is one of the fastest-growing segments. Mobile games like “Fortnite” and “Pokemon Go” have become a global phenomenon, allowing players to play anywhere, anytime. Players can use their smartphones for gaming and playing their favorite casino games.
Live Streaming of Games
The live streaming of games has become one of the most popular features in Indian casinos. People can watch their favorite games on their mobile devices, tablets, and laptops. Live betting is a trend that has emerged recently in Indian gambling.
Players can now bet on their favorite sports teams, events, or players from anywhere in the world through live streams on their mobile devices or computers. Many online casinos offer this feature through their websites so customers can follow their favorite teams or players wherever they are!
The rise of live streaming has been a boon for Indian gamblers. With this new technology, they can watch the action unfold in real-time and bet on live matches. Players can even chat with other players during play and comment on the game as it happens!
Virtual Reality (VR)
Virtual reality (VR) technology is expanding rapidly worldwide, but it’s also relatively new in India. It’s often referred to as “virtual reality” because it makes users feel like they’re actually inside an animated 3D environment rather than simply watching something from afar through a screen.
Virtual reality technology is another trend that has become popular in recent years. VR headsets allow users to get immersed in different worlds through 3D graphics and sound effects.
These headsets also enable users to interact and play together online. VR headsets such as Oculus Rift and HTC Vive have become a must-have for many gamers who enjoy playing video games. Players can even feel like playing live dealers or real-life slot machines with these devices.
The technology allows players to interact with characters in an immersive environment that mimics real life. A popular VR game called Mr. Vegas lets users experience what it would be like to be at a casino or a party with friends while immersed in the game itself.
Blockchain Technology
Virtual currencies like Bitcoin have become very popular among gamblers as they’re more convenient than traditional payment methods like credit cards or PayPal. Crypto has allowed more players to deposit and play their favorite casino games online while providing anonymity and security. This means they can deposit funds without worrying about identity theft or fraud.
Many companies have launched cryptocurrency casinos that allow players to deposit money using crypto or fiat currency (e.g., USD). The crypto trend has also increased interest among Indian players because they can now deposit money into their favorite games without worrying about currency conversion or foreign transaction fees.
Relaxed Gambling Regulations
While the Public Gambling Act of 1867 outlaws gambling in India, the laws are lax. However, the IT Act of 2000 prohibits online gambling activities, and one can be fined up to Indian Rupees 100,000 or a five-year jail term for indulging in online betting. Only Goa, Sikkim, and Daman states allow floating and land-based casinos to operate legally.
Due to the law’s ambiguity and non-strict application, there is an increasing number of gamblers and online casinos in India. A change in law will further help the growth and development of the online casino industry.
India is Now a Global Technological and Economic Hub
India is a country of immense potential due to its large population, diverse culture, and economy, which is growing at a rapid pace. This has provided the impetus for the growth of the online gaming industry.
India is one of the most technologically advanced countries in the world. It also has a large population base with good internet connectivity. India is one of the fastest growing economies in the world; it has a population base that spans over 1 billion people who can afford to spend money on entertainment products such as these.
The government also encourages innovation through policies such as tax breaks for innovative technologies and tax holidays for companies investing in these industries. This makes it easier for new companies to enter this space without facing any barriers due to the high costs associated with entry into such markets. These factors have led to the rise of many new online casinos and gaming sites catering to Indian players across all age groups.
The Rise of New Online Casino Platforms
Online casinos have become increasingly popular in India due to their convenience, affordability, and accessibility. Many people don’t have access to brick-and-mortar casinos because they are located far away from where they live or work, so online casinos provide an excellent alternative for these individuals. They also allow players to enjoy playing online at work or home, making them even more popular among Indians.
The demand for online casinos and gaming is increasing, and several new platforms have emerged to cater to this new market. With casino sites like Pokermatch, you can access all types of games, including slots, video poker, blackjack, roulette, and others. Hundreds of different games are available on these sites, so there is something for everyone.
These new platforms allow players to enjoy various casino games in one place without having to leave their homes or spend money on travel expenses. You can learn and practice your skills, like strategies for poker, and boost your winning chances at the best casinos. This makes them more attractive than traditional offshore casinos that require players to travel overseas to play at their facilities.
Join this Amazing Movement
You, too, can be part of the gaming and casino industry. Reputable casinos like Pokermatch offer many casino games, flexible payment platforms, and sleek interfaces to allow you to play your favorite casino games. You can enjoy slots or table games like Blackjack, Roulette, Baccarat, and more at Pokermatch. The best gaming platforms offer promotions to boost your winnings and give you a better casino experience.
Disclaimer:
- As per the Public Gambling Act of 1867, all Indian states, except Goa, Daman and Sikkim, prohibit gambling
- Land-based casinos are legalized, with certain guidelines, in Goa and Daman, as per the Goa, Daman and Diu Public Gambling Act 1976
- Land-based casinos, Online gambling and E-gaming (games of chance) are legalized in Sikkim under the Sikkim Online Gaming (Regulation) Rules 2009
- Only some Indian states have legalized online/regular lotteries as per and subject to the conditions laid down by state laws. Kindly refer to the same here
- Horse racing and betting on horse racing, including online betting, is permitted only in a licensed premise in select states. Kindly refer to the 1996 Judgement by the Supreme Court Of India here and for more information
- This article does not endorse or express the views of Qrius and/or any of its staff.
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