Taking a look at the online gambling ecosystem in India has led us to conclude that it’s going through a Renaissance phase. Nowadays, gambling in India is considered a national sport, and people in India are increasingly looking for the best online casino games to play, like slots at online casinos, poker, baccarat, reel spinning, roulette, and more.
Parallel to the growing popularity of online casino games, residents of India also visit the most reputable betting sites and bet on their favorite sports, players, and teams. After observing several surveys, the numbers show that approximately 40% of India’s residents have gambled at an online casino, which is close to the number of gambling enthusiasts in the UK.
In the remainder of the text, we’ll deal with the crucial factors that have affected the rising popularity of online casino gambling in India. As a result, you’ll get a great insight into how far the online gambling industry went in India and what we may expect the future to bring.
The three main factors that influenced the ecosystem of online gambling in India
The main factors that have paved the way for the rising popularity of online gambling in India:
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Higher incomes for the middle class
In recent years, the average salary of middle-class members in India has surpassed $10,000, directly impacting the rising interest in online gambling. First, more Indians could now have smartphones, the best gambling tools. Second, people could set aside a certain amount of cash to invest in gambling games, which leads us to expect the Indian number of gamblers to exceed the number of online gamblers in the U.S, China, and Europe.
- The Indian Public Gambling Act from 1867
According to this act, not every state in India allows gambling at land-based casinos. However, the 1867 Public Gambling Act still has some grey areas for online gambling, which is why an increased interest in online gambling platforms appeared in India. Salary increases and the emergence of online platforms made the online gambling ecosystem spread its wings.
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Alternatives for land-based casinos
Restrictions from the Public Gambling Act have much to do with India being primarily a decentralized country, which is why each state has separate laws for gambling. Such a limitation has directly impacted the growing need for online gambling and widened this ecosystem greatly. Luckily, an alternative such as online gambling platforms can suffice.
