The Rise Of Online Casinos In India – Is It Sustainable?

There’s no doubt that the online gambling industry is continuing to grow across the globe, from mature markets such as the UK to burgeoning and potentially huge entities such as North America.

The Indian market is also expanding at a considerable pace, despite the fact that a fundamental lack of a regulatory framework is causing the industry to miss out on approximately $1.5 billion in lost revenue overall.

The Basics – Is Online Gambling Legal in India?

India adopts a federal model of government, in which all forms of gambling are regulated at the state level.

This means that each of the nation’s 28 states has a different approach to legalising and regulating gambling activities, with just three (Goa, Daman and Sikkim) having officially made brick-and-mortar casino gameplay legal.

However, the landscape for iGaming is considerably more complex, and this is thanks largely to the relatively archaic legislation that exists in India.

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