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Licensing Indian Online Casino Industry

India has long been regarded as a country with a bit of potential for an online casino gambling industry but generally not a huge lucrative market because of the rampant poverty in the country. All of that has begun to change in the past several years as several wealthier regions of the country emerge and several of the key internet gambling and betting companies are vying for entry into the emerging market in the Province of Sikkim. The Province of Sikkim has announced a plan to license online casinos in the very near future and companies like William Hill, Bwin, and Betfair are all interested in obtaining a gambling license. There are several other provinces in India that actually would allow forms of internet gambling, but the internet has not thoroughly penetrated these regions yet and there is still a lot of poverty to contend with.

But India is increasingly showing pockets of wealth throughout the country and that leaves the perfect opening for the online casinos and betting sites to begin a gradual entry into the vast Indian market. All three companies are actually quite eager to obtain the licenses though; for all of the talk about gradual entry into the Indian market, the online casino gambling groups are ready to almost immediately launch internet gambling and betting opportunities into the Province of Sikkim once they receive a gambling license.

At this point, Sikkim has not yet released the number of permits the Province plans to license out and although several large online casino gambling companies announced their plans to obtain a license, many other smaller gambling companies are also interested in the market but are waiting for process to begin and for Sikkim to announce more specifics about the potential gambling industry in the region.