No Slowdown Of The Indian Gaming Market
The Indian gambling market has grown over the years and the advent of online gambling in the country has made the growth exponential. According to statistics, the value of Indian gambling and the entire gaming industry in 2019 grew to about INR 62 billion. This is expected to increase within the next five years to get to INR 250 billion.
The availability of gaming on smartphones and many portable devices has contributed to this increase. Also, investment from big players and the huge population of youths in India played their own parts. There are currently many favorite Indian games available to be played online.
Increase In The Market Amidst Coronovirus Crisis
Many gaming companies and online casinos have noted a significant increase in the number of customers since the coronavirus crisis began. Many Indians are placing bets on different kinds of online casino games.
For example, Winzo Games, a New Delhi based gaming startup had earlier asked employees to work from home as a precautionary measure to curb the disease. But surprisingly on March 15, the company had to ask their technology team to report to the office. They complained that they got 3x traffic and also experienced a 30% surge in new users.
On the other hand, Sports Betting has experienced a reduction due to the shut down of sporting activities. However, this has not caused a total reduction in the gambling industry. Many people who carry out sports betting have now turned to casino games as a substitute.
Indian Card Games Will Remain The Most Popular Games
Card games have always been popular in India and will continue to be. With the availability of Indian Cards games, online players have so many great options to choose from. However, online Teen Patti with real cash is the most popular card game in India and the popularity is only increasing.
Card games like Teen Patti have always been loved by Indians because they are not entirely based on luck. Online Teen Patti encourages logical reasoning, calculation skills, and analytical skills.
Other games like Rummy have also been played more. Prithvi Singh, the founder of GamesKraft confirmed an increase in the number of people who play card games like Rummy. He gave an estimate of 10 – 15% new registrations on their platform.
Live Casino Is Big And Growing
Live Casino in India is already big as a lot of people find it more interesting to play against a real dealer than playing against the computer. This is because most casino players value the human factor in gaming. It helps to give a similar experience to what you get at the real brick and mortar casino. The only difference is that you’re experiencing it online from your preferred location.
Right now, India players can enjoy many games with a live dealer. The games available include Teen Patti, Andar Bahar, Blackjack, Roulette, 3-card Poker, Baccarat, etc. Many more games are added to the live casino platforms.
Another beautiful part of playing live casinos in India is that you don’t have to use only English language. There are now specific Hindi speaking tables at some very advanced online casinos.
Skill-based Gambling Are Expected To Increase
The online skill-based gaming Industry in India is currently worth about INR 2,000 crore and is being expected to increase. This was revealed recently by the CEO of All India Gaming Federation, Roland Landers, while speaking to News18.
Landers further mentioned that the gross revenue for online gaming platforms in the country has increased at a steady pace of about 30 to 35%. This growth is evidently as a result of the steady growth of the overall gaming industry in the country.
He further predicted that by 2025, the gross gaming revenue for online skill-based gaming would easily hit a billion dollars. He suggested that the online gambling industry with real money could expand by 3.5 times within these 5 years.