Latest Trends: Online Gambling Soars in India’s Digital Landscape

According to Statista, the revenue of the online gambling sector in India is expected to reach a value of almost a billion USD by the end of this year with a 7.87% CAGR from 2023-2027. This means that by 2027, the industry could be valued at around $1.1 billion.

These numbers simply show how online gambling will continue to soar in the country. Why wouldn’t it?

Many casino operators are now accepting Indian players, and since online gambling is in the gray area in terms of regulations in the country, locals are free to place their bets without getting into trouble. However, there are already Indian states that prohibit online gambling activities, so be sure to check your latest local laws on this.

The growth of online gambling in the country comes with trends. Let’s have a look at what these trends are in this article.

Mobile Casinos: Gambling on the Go:

Gone are the days of being tied to a desktop computer for gambling. Mobile gambling has revolutionized the industry and allows players to bet on their favorite games anytime and anywhere.

Many popular online casinos now have native apps players can download on their mobile devices like smartphones and tablets. Even if they don’t have a dedicated mobile app, they have mobile-friendly and instant-play casino games.

Instant-play options give players access to their favorite games without the need to download anything. Just log in to your casino account with a mobile web browser, and you’re good to go.

Live Casino Games: Immersive Online Gambling

Live casino games have taken the online gambling world by storm. Players can now experience the thrill of a real casino from the comfort of their homes. It also makes online gambling no longer isolating.

The thing about playing regular casino games is that you’re going against RNG or a computer. That could easily get boring, and some would feel hesitant about playing them because they sometimes get the impression that the games are rigged.

While that isn’t the case, it’s understandable why some players feel this way. Live dealer games rid players of this feeling since while playing, they get to interact with the dealers and see how cards are dealt or how random the results are.

These games are live streamed so they’re impossible to rig.

Cryptocurrency Betting: A Glimpse of Future Online Transactions

Cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and many more are also gaining popularity in online casinos. Gambling has become a fun way for crypto holders to try and make a profit from their coins. It’s become a great alternative to crypto trading.

There are also other advantages that players enjoy when using crypto, including lightning-fast transactions. Generally, crypto payments are cheaper to process on the business side of things, and this is why many online casinos have better bonuses offered to crypto players.

Aside from great bonuses and instant transactions, most online casinos in India don’t charge any fees when processing crypto payments.

Esports Betting: Bridging Gaming and Gambling

Esports has become a global phenomenon, and online betting sites have also taken notice. It’s rare to find a sportsbook that doesn’t accept bets on popular eSports tournaments.

Some of the popular games that people enjoy following in tournaments are DOTA 2, Counter-Strike: Global Offensive, League of Legends, and Valorant.

It also helps that live streaming makes it so much easier to bet on esports events. More and more people are simply finding eSports betting a convenient experience.

Social Gambling: Experiencing Gambling for Free

Social casinos have become a hit among players seeking a more social and casual gambling experience. The great thing about them? You can enjoy the thrill of online gambling without spending a dime.

At social casinos, you get free credits that you can use to enjoy regular casino games. However, they also give you the option to purchase more credits if you somehow end up losing them all.

That’s completely optional, though. But because you’re not playing with real money, you also won’t win real money. Social casino credits typically don’t have any real-world value. Some of them allow you to exchange credits for Gift Cards.

Wrapping Up

The online gambling industry is constantly evolving, but these trends seem like they’re here to stay. These are just some of the popular ones, and others worth mentioning are AR and VR technology and wearable gaming.

We might see more of them in the future, but for now, always remember to gamble responsibly if you end up playing at an online casino!