the future of online betting in india – new trends and developments 1 The online betting industry in India is witnessing a constant upsurge in demand.
The increasing popularity of this industry resembles the growing interest of Indians in online betting and shows how it’s becoming a less taboo subject. That’s primarily because of the availability of casinos and sportsbooks right at home comfort, thanks to the internet.
Today, any Indian (18+ or above) can play real money casino games and bet on their favorite sports online anytime, anywhere. Before diving into this industry’s future, its new trends, and developments, understand what online betting is and how it evolved in India.
So, let’s start. Online Betting In India: What Is It?
In simple terms, online betting in India is the act of placing bets on an outcome of a game or any type of sportsbook event on the internet. Online betting in this country involves betting on casino games (online poker, roulette, blackjack) , sports betting, and betting on esports.
With the significant rise in popularity, it’s best to say that the existing and future generations of gamers, gamblers, and speculators will choose to bet online on a platform that will be easy to navigate and use. It shows that the online betting industry in India has evolved with rapid digitization and technological advancement, especially smartphones. Online Betting in India: How Did It Evolve?
As you may know, India is a country of 1.3 billion people, out of which 560 million use the internet. So, it’s quite apparent that the online betting industry has evolved so rapidly in the country. What’s more, Indians are incredibly passionate and dedicated to sports, which they tend to bet on.
As 65% of adults in India fall under the age group of 35, you can say that its youth market is vast. Experts assume that this youth-based target audience is meant for online betting and contributes to the growing popularity of online betting.
Also, the growing demand and use of smartphones among the Indian youth is one of the reasons why the online betting industry in India is […]
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