Real Money Gaming Industry Is On The Rise

Real Money Gaming Industry Is On The Rise

The art of gaming is one fun, thrilling, and exhilarating experience that never disappoints those who have had it before. Gaming in India has grown beyond description in recent times, with the real money aspect of it breaking strides accordingly.

Real money games are games in which operators charge a fee for players to participate in, of which the players might stake a wager between themselves. Available stats show that the last decade saw an unmatched hike in the traction received by real money online games in India.

Cheaper smartphones and data tariffs

Smartphones have championed the course of global growth to a technological advancement where most activities are seamless, efficient, and ultimately driven by expected results. Before the glorious intervention of smartphones, only consoles and PC games existed, which were very expensive and could only be afforded by well-to-do players. However, smartphones brought about a new era where real money gaming is made more comfortable with the ownership of a phone that also serves other purposes. India accounts for one of the fastest growing smartphone markets in the world, which is why it has become a bounty zone for diverse smartphone manufacturers.

However, Indians prefer high-powered smartphones at lower prices, and this is what has been offered to them: cheaper but sophisticated smartphones. The use of smartphones has skyrocketed the popularity, accessibility, and patronage of real money games, such as Fantasy sports, poker, rummy card, and trivia quizzes.

Another reason for this unparalleled proliferation of real money gaming industry is the low and very affordable data tariffs in India. Not only is data cheap, but it is also swift to connect to the internet. Affordable data tariffs come in handy to immensely complement cheap smartphones. Now with cheap data on inexpensive smartphones, there is no reason for players to stop playing their favorite real money games.

The Real Money Gaming Industry Is Currently Valued At 1500 Crore

In addition to the 1500-crore current estimate, by 2023, it is estimated that the industry would be worth a whopping 11,900 crore. Furthermore, the industry is projected to rise between 50-55%, rising from its current 250 to 300 million-dollar to 1.5 to 1.7 billion dollars.

One of the biggest emerging segments within real money games are real money casino games, such as blackjack, andarbahar, and roulette. This segment has massive prospects and millions of Indian players.

New Technology Will Be Integrated With Real Money Games

Currently, real money gaming applications are not available on smartphone application stores such as Play Store for Android users and App Store for Apple users. So far, innovation drives the real money gaming industry. Thus, it is expected that real money gaming companies will find veritable and innovative means to incorporate real money games into smartphone mobile applications.

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