Unlimited Entertainment Options Online: eSports, Online Gaming and Fantasy Sports

Indians have always been interested in card games, games of skill and games of chance. However, the regulation around games of chance has been ambiguous in India. A seven member panel has been announced by the government to consider the possibility of legal framework for online betting. This will regulate the industry and offer decent tax revenue for government and local authorities. Meanwhile, Indian bettors have a lot of choice for trying their luck.

Online Gambling and Sports Betting

Online casinos operating in India are managed by companies headquartered in Europe or North America. These platforms operate in a transparent manner and they are well regulated by European (Malta Gaming Authority, Gambling Commission UK) or North American gambling regulation agencies. They offer popular casino games with focus on Indian bettors. 

With popular games like Andar Bahar, Teen Patti, Rummy and Seep, these platforms are quickly gaining consumer base in India. Option for adding and withdrawing funds via net banking and mobile apps has made it easy for Indians to place bets on these networks. 

Before choosing a platform to place bets, users should check a detailed review of real money online casino sites and see which platform offers casino bonus and other freebies. There are a lot of options available online and it is important to choose the right platform from the start to enjoy online betting experience.

India has one of the biggest fan bases for cricket across the world. Cricket matches attract massive amount of betting in India. Offline sports betting in India is mainly managed by illegal networks. However, online sports-betting has been gaining prominence in the recent times. Online sports-betting offers transparent platforms with options to place bets on different sports events. The fast streaming data about live sports events can help bettors make informed choices.

Fantasy Sports

Fantasy sports is a new segment in India but with heavy marketing campaigns involving one of the biggest cricketers, Dream11 has managed to attract millions of users. Apart from Dream11, MPL (mobile Premier League), MyTeam11, Halaplay and CricPlay have improved their revenue in the recent times.

As per a recently published report by Federation of Indian Fantasy Sports (FIFS), Indian fantasy sports segment could grow in revenue from INR 34,600 crore in 2021 to INR 1,65,000 crore by year 2025.

eSports events pick up pace in India

Multiplayer games have been popular in India and with faster internet access, many of these games have a strong fan following. As per EY report, Indian eSports segment could bring in INR 11 billion in revenue by year 2025. 

Indian government banned some Chinese apps last year and there was outcry about popular game PUBG. Tencent, one of the biggest technology companies in China, owns PUBG and Indian government issued orders to ban the game along with many other apps with Chinese ownership. The government order cited potential threat from many apps due their linkage to China. It is well-known that China has strict data surveillance regulations and many companies share their data with Chinese authorities.

Indian government is planning to introduce regulations about online gambling and industry experts have welcomed the move. The Federation of Indian Fantasy Sports (FIFS) has lauded the move as a big step in the right direction for online gaming industry.


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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