Online Casino Games and Sports Betting Gain Market Share in India
Indians have always been interested in card games, lottery and other indoor games. Card games are popular across the country and it is one of the favorite activities during social gatherings. With internet access becoming common across India and low prices of 4G internet, online casino and online gaming platforms have been gaining prominence across India. Players can enjoy casino games, card games and sports betting from their mobile devices.
Card games like Teen Patti, Andar Bahar, Rummy and Seep are popular among Indian players. Indian bettors are also showing strong interest in casino games like roulette, blackjack, slots, monopoly and baccarat. Roulette Strategy offers in-depth information about roulette. Players can check out the detailed reviews and know the best roulette strategy to win the game. While there are many variations of roulette, offered by online casino platforms, the basic concept is the same. Roulette still ranks among the most played casino games online and in land-based casinos.
Sports-betting is another segment that has a strong potential in the Indian market. Indians are passionate about cricket and hockey. A lot of illegal betting goes on across India but with online sports-betting, the trend is shifting in favor of safe and transparent betting on sports events. Online sports betting platforms offer a transparent and easy way to place bets on sports events. These platforms also offer live data streams about the sports events and this data is of paramount importance while placing bets.
Another fast growing segment in India is fantasy sports. There are a few local companies that have gained traction in fantasy sports segment in India. Getting support from the passion among Indian cricket fans, fantasy sports allows players to set up their own team and check out the chances of winning real money. Dream11 has become one of the biggest startups in this segment in the recent times.
Online casino platforms operating in India are usually headquartered in Europe or North America. These reputable companies are audited by European or US Gaming authorities. Players can safely place their bets in a safe environment. This has led to a quick rise to online casino platforms in India. Many casino platforms also offer support in local language.
While the exact data for Indian online casino and sports-betting market is not available, reports from major firm Deloitte suggest that Indian online betting segment will grow at a fast pace for the next five years. Reports also suggest that Indian mobile gaming market is picking up fast.
Another major growth driver for the online casino segment in India is the younger generation. With fast internet, responsive mobile devices and easy access to information, the younger generation is quick to catch up with the new trends. While Indian government has been trying to keep Indians away from crypto-currencies with tough regulations, the young generation doesn’t want to be left behind. There are many crypto-exchanges operating in India and there are a lot of young crypto-enthusiasts in India who have a high risk appetite.
Indian youngsters are quickly embracing online casino and sports betting. The trends in the local market suggest that majority of bettors on online casino platforms operating in India are in age group of 25-40 years.
The growth potential for online casino in India is impressive. This has led to many companies operating in the West to expand their operations in India. We can expect this industry to grow at a fast pace in future as well.