How the gambling market is doing in India

India has its own peculiarities in gambling, with the online casino and sports betting market growing strongly there due to the availability of multiple platforms. The attractiveness of the region is due to the large amount of cheap traffic and high conversion rates for gambling. Although gambling legislation in India is still unclear, there is no law prohibiting Indians from playing online slots as well as betting on sporting events.

India with its population of 1.4 billion is the most populous country in the world, surpassing even China. Due to economic growth, about 60% of Indians have access to the internet. While India was previously considered a third world country, it is on its way to prosperity and the number of paying gamblers and bettors is increasing day by day.

Although gambling and sports betting are banned throughout India and underground casinos are regularly shut down by the police, there is no legal ban on online gambling. The Indian government has banned online betting sites from operating within the country, but offshore sites can offer their services to Indian citizens. Though this too is something that the government is trying to fight against. Online gambling in India is in a gray zone, being neither legal or illegal. Therefore, major bookmakers and online casinos accept Indian players through websites and mobile apps like Mostbet App.

India’s legal framework for gambling and sports betting has some gaps, which is prompting the government to make changes in the near future. With up to 60 billion dollars worth of illegal gambling taking place in the country every year, independent online casinos.

Indian internet users are showing an interest in online gambling and it is estimated that more than 140 million people in India play it regularly, and during the IPL season and other similar games, this number increases to 370 million. The online betting market in the region is growing at 20% annually, and cricket accounts for most of this growth. The cricket betting market will continue to grow rapidly over the next 5-10 years. About 40% of the population with internet access has visited at least one online betting site.

Indian internet users actively visit various popular online resources such as YouTube, Yahoo, Google and Reddit and also spend a lot of time on social media sites such as Instagram, Facebook, Telegram and WhatsApp. Particularly significant is the growth in mobile traffic, which accounts for about 80% of the total.