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India's Online Casino Market

The Indian online casino gambling market is one of those in the global gambling industry that is talked a lot about because of the huge potential over the course of time, but there are only a handful of companies actively vying for entry into the market. Only recently several Indian states have decided to license the online casinos and offer controlled gambling to the population. The decision to offer internet gambling is incredibly controversial because of the extreme divergence in wealth in the country – there are the newly wealthy that are immediately jux ta posed next to the extreme poverty in the country that has led to some intense debate in the country about offering such a pervasive form of gambling in such a developing country.

The licensing of the online casino gambling industry is really just a formality at this point because the Indian gaming industry is already worth roughly $5 billion with internet betting then taking in eight times as much annually. This growth is just the tip of the iceberg really though and as more online casinos are actually licensed for the Indian market and actively marketing in the country there will be an increase in the gambling levels over time. Additionally, as more and more Indians gain wealth and increase out of the intense poverty bracket they will begin to make up the large number of new players interested in the internet based games.

The Indian market is also at the such a new stage that online casinos already operating in the Indian industry are interested in the other growth opportunities that will present themselves alongside the internet gambling – mobile gaming, bingo, and a slew of other games that are incredibly popular in developed gaming industries all over the world.