Why Online Gambling in India is Growing?
Online gambling is one the rise all over the world. According to many, online gambling will become one of the most popular activities in the world. The games are attractive, both visually and auditory. The simplified gaming consoles make up for exciting gameplay in the comfort of your own home. What separates online casino games from the rest is the possibility to earn some cash prizes while playing the games. Casino games are well-known and popular, and games like roulette and poker can now be played online thanks to the platforms. Online gaming is growing in popularity in many countries, and India is definitely one of them.
Local entrepreneurs in India have shown interest in the online gambling industry. India can easily become a pioneer in the online gambling in the region. Steps away from being an online gambling destination. According to the Federation of Indian Fantasy Sports, the Indian fantasy sports market counts 90 million users. 20% of them are paying for the services, while the rest are playing it on multiple platforms.
Laws and Regulations
A large number of the Indian population enjoys gambling. One of the most popular entertainment forms in India is sports betting. Horse racing and cricket are some of the most popular sports in the country. When it comes to the regulation part, gambling in India is still prohibited by law. Only three out of 26 states have gambling legalized by law. However, online gambling wasn’t there when the law was reinforced, so no one thought that technologies would make it possible. In other words, online gambling is not prohibited by law like gambling in land-based casinos. The issue was overlooked by many professionals in the field and they found it hard to decide what’s legal and what’s not in India. Interesting enough, the law that regulates gambling in India is more than a hundred years old. Clearly, it isn't regular online gambling in any way because it hasn’t been introduced back then.
Popularity of Gambling in India
Reportedly, 80% of Indian consumers gamble from their homes playing slots, sports, or casino games. An important thing to consider is how trustworthy and licensed the online casino site is before deciding on investing your money on it. The main reason why online gambling is gaining popularity in India is that it has a variety of online casino games that players can choose from. Leading software companies develop online casino games, which is another reason why Indians enjoy online gambling a lot. The most popular casino games like roulette and poker are also available for online gambling. Online casino sites update their offers regularly, either weekly or monthly, so players can easily find new slots on their sites. No deposit bonuses, free spins, sign-up bonuses, and how online jackpots work are some of the benefits that online casino sites in India put at your disposal.
Improvements in Online Casino Games
One of the reasons for the huge popularity of online gambling in India are surely online casino slots. The slots have gone a long way to these slots that players enjoy playing nowadays. While it still can’t be compared to Vegas gambling and the whole glamorous gambling experience, technology has still improved a lot the visual graphic presentation, the backdrops, the sound performance, the gaming consoles, that online gambling today is really convenient in the comfort of your own home. Lately, the live dealer roulette has been a trend in the online gambling world because of the realistic gaming experience. Not to mention how popular gambling on-the-go is thanks to mobile apps.