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Indian Online Gambling | Growing at an Exponential Rate
A Look at the Growth of Indian Online Gambling Scene
Due to their unregulated online gambling market, India is losing huge amounts of money in tax revenues each year. India has an ever-growing online gambling scene that is predicted to become one of the biggest in the world one day, and many see the government’s lack of regulations and legalization as a missed opportunity to cash in.
Calls for Legalization
India’s government have been welcoming gambling in India in recent years. However, this new attitude has not yet been translated to the laws and regulations that support the country’s gambling industry. With regards to online gambling, no updated regulations have been put forward by the Federal government as of yet, despite the fact that it has been a topic of theirs for a number of years now.
The lack of gambling laws in India have led to more disadvantages than advantages. Some might argue that online casinos are able to operate in India without intervention due to the lack of clear online casino regulations, but others argue that India is losing a lot of money because of it, so legislation should come into play.
There is a huge black market gambling scene in India, and this is another reason why the government are considering legalizing gambling. They believe that if gambling is made legal, then the black-market scene will become less of a problem for them. Indians are always going to have an urge to gamble, and if they cannot do it legally, they will find a way to do so illegally. Therefore, you could argue that if gambling is going to happen anyway, the government might as well make money from it, and this is probably their reasoning behind their thinking.
The Huge Gambling Market in India
The gambling market in India, according to a report released in 2020 by Maple Capital Advisors, is worth about $67 trillion. It is expected to grow by as much as 41% as the country begins its recovery from the Covid-19 pandemic.
Above we mentioned that the lack of regulations is costing the Indian economy a lot of money. To give you an idea as to how much the country is losing in tax revenue due to the lack of online gambling regulations, it has been estimated that they lost 10 billion rupees in 2020. It is estimated that in 2021 they will lose 14.2 billion rupees and in 2024 this will increase to a staggering 40 billion rupees. This is all extra money that could be used on healthcare services and better infrastructure.
The projections above are based on a tax rate of 15%. If the Indian government pursues online regulation and increases taxes to around 30%, then by 2024 the country could generate 80 billion rupees in gambling revenue.
What is Fueling This Online Gaming Boom?
There are a handful of factors that have driven the gaming boom in India. In 2016, it was estimated that India had around 120 million online gamblers. Since then, this number has tripled, and it can be put down to factors such as mobile gaming. Smartphones are becoming more and more affordable for those in India and more Indians have access to the Internet now than ever before, and this has definitely played a large part in the online gaming boom.
The aforementioned lack of online gambling legislation is another factor that has helped this boom. Unlike in Europe or some other jurisdictions, the laws make no mention of online gaming. This is not surprising since the Indian government are still using regulations that were put in place when the British had control of India. This lack of regulation has led to hundreds of online casinos outside of India offering their services to Indian gamblers. At the time of writing, Indian gamblers are permitted to play at international online casinos that are fully licensed.
Another factor that has contributed to the online gaming boom in India is that new digital payment options have been introduced. Systems such as UPI and IMPS allow Indian gamblers to deposit and withdraw money easily. When players can fund their accounts in seconds, it stands to reason that it would help the gambling industry to boom.
When you combine all of the above, it is clear that the online casino India craze will be sticking around for a long time. Indian-targeted online casino content is on the rise too as those in the industry know how much revenue they can make from online gambling scene in India. Over the next decade, it is estimated that the gambling market in India could show a 400% rise.
One of the Latest Online Casinos Available to Indians
One online casino that has jumped on the Indian online gambling bandwagon is Pure Casino. This online casino came into existence at the end of 2019, which means that it is a relatively new one. However, despite their newness, they have shown that they have what it takes to stick around in the competitive world of online gambling. This online casino was developed with Indian players in mind, meaning that they accept rupees as one of their main currencies and as well as providing favourite Indian games such as Teen Patti and Andar Bahar.
Since Pure Casino caters specifically to Indians, it will come as no surprise to find out that they have put in the effort to develop a very good mobile app. As we mentioned above, Indians love mobile gaming and they use their mobiles for gambling far more than they use desktop devices. Therefore, if an online casino wants to be a hit in India, they need to have an appealing mobile app that is compatible with Android and iOS devices. Thanks to this app, Pure Casino players can enjoy all their favourite games wherever they happen to be.
The payment options available are very important when it comes to deposits and withdrawals in India. Some online casinos that accept Indians can be a bit lacking when it comes to payment options, but since Pure Casino was designed especially for Indians, it has all the best payment methods that Indian casino players will be looking for. The following payment options are:
- VISA
- Bank transfer
- EcoPayz,
- Skrill
- Astropay
- CryptoPay
- ECOBANQ
The minimum deposit that you can make stands at 1,000 Indian rupees, while the maximum deposit stands at 10,000,000 Indian rupees. The deposits are instant, meaning you can start playing right away. With regards to withdrawals, the process can take up to three days, which is nothing unusual.
If you are in India and you want a great mobile gambling experience and are looking for an online casino that caters to all the needs of Indian casino players, you need look no further. When it comes to Indian dedicated casinos, they do not come much better than Pure Casino.
Latest News
Week 8/2025 slot games releases
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Here are this weeks latest slots releases compiled by European Gaming
Tom Horn Gaming is thrilled to announce the launch of its latest Hold & Win slot game, Majestic Coins. This high-volatility 3×3 slot takes players on a winning quest, where shimmering coins, respins, and grand jackpots lead to massive wins. Set against a sleek black 3×3 reel grid with 5 win lines, Majestic Coins offers classic slot excitement with a modern twist.
Candy Links Bonanza 2 is the newest slot game from Stakelogic, inviting you to wander through magical realms filled with delightfully sweet treats. Amidst this charming backdrop, two 5×5 grids are placed side by side. The grid on the right is where all the gameplay unfolds, while the other grid collects coins. Forming lines of coins wins their values and activates the powerful Wheels of Fortune!
Step into a world where opulence meets nature in Zillion’s latest release, Royal Crown Fruits – a dazzling slot experience filled with vibrant fruit symbols, golden crowns, and thrilling rewards. With 20 winning lines, the game blends classic charm with modern excitement, offering players a chance to strike royal-sized wins.
Big Time Gaming is back with its most exhilarating instalment yet. Max Megaways III invites players to gear up and embark on a high-stakes Arctic mission that’s shaken, stirred, and loaded with epic rewards. In this 6-reel Megaways™ slot, players get up to 117,649 ways to win, and that’s just the start of the action. Armed with MegaDozer™ mechanics, Free Spins, and a treasure trove of bonuses, Max Megaways III is set to deliver edge-of-your-seat excitement like never before.
Play’n GO delves into the mysteries of ancient Egypt with the release of Myth of Dead, a visually stunning slot that combines engaging gameplay with the allure of legendary treasures. This 5-reel, 3-row game with 10 paylines offers a captivating journey into a world ruled by powerful deities and golden riches.
Belatra Games, the specialist online slots developer, has released Blast the Bass, a brand new title that immerses players into an adventure on the open seas. Set out in the deep ocean, Blast the Bass brings together engaging mechanics, big bonus features and fun graphics that entertain players on every spin. A salty old skipper acts as the Wild symbol and will substitute for all regular symbols to combine for winning lines.
Push Gaming has launched Mad Blast, a volatile, multiplier-focused, pay-anywhere game that builds crazy robots along with wild winnings. Set in the workshop of the Mad Tinkerer, quirky, colourful bomb symbols populate the reels, with eight or more required to award a win. Winning symbols are removed from play, and the cascade of replacement icons allows subsequent wins to be formed.
Relax Gaming has revealed Glyph of Gods, an Egyptian-themed slot where hieroglyphs hold the key to wins. Bringing a fresh take on the much-loved Egyptian theme, this game features Glyph Positions which allow for Wild, Bonus, and Glyph symbols to land in dedicated spots, opening up multiple opportunities for big winning moments.
Blueprint Gaming returns in style with Big Catch Even Bigger Bass, offering a plethora of modifiers to maximise players’ winning potential. After years of success with its iconic Fishin’ Frenzy™ series, Blueprint has moved from the ocean to a picturesque lake where a bait box of aquatic symbols take their place on the 6×4, 4,096 win matrix, nestled in a mountainous landscape.
Amusnet announces the exclusive launch of 20 Wild Goals at Betano in Romania from February 20th to March 24th, 2025. 20 Wild Goals is a 5-reel video slot set in a stadium environment, offering 20 paylines. The Wild symbol, represented by a ball, expands to cover the entire reel, boosting the potential for higher wins. The tumbling reel feature adds a layer of excitement by removing winning combinations and increasing multipliers with each subsequent spin.
The post Week 8/2025 slot games releases appeared first on European Gaming Industry News.
Industry News
IGT Achieves Improved ESG Score from FTSE Russell
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International Game Technology PLC announced that it has achieved an environmental, social and governance (ESG) Score of 4.3 out of 5.0 from FTSE Russell, positioning IGT in the 97th percentile within the Travel and Leisure sector of FTSE Russell’s ESG Scores. This was an improvement from IGT’s previous ESG Score of 4.2 out of 5.0 in 2023, demonstrating its ongoing commitment to enhancing ESG performance.
“As a company committed to continually elevating our sustainability practices and leadership, IGT is proud to once again achieve an improved ESG score from FTSE Russell. Through our global Sustainable Play program, we execute sustainable practices and policies throughout our company and this improved score validates our ongoing efforts,” Wendy Montgomery, SVP of Marketing, Communications and Sustainability at IGT, said.
FTSE Russell’s ESG Scores and data model allows investors to understand a company’s exposure to, and management of, ESG issues in multiple dimensions. The ESG Scores are comprises an overall rating that breaks down into underlying pillar and theme exposures. Scores built on over 300 individual indicator assessments are applied to each company’s unique circumstances. The ESG Scores align with the UN Sustainable Development Goals (SDGs), all of which are reflected in FTSE Russell’s ESG framework.
The post IGT Achieves Improved ESG Score from FTSE Russell appeared first on European Gaming Industry News.
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Playtech’s Bingo Technology Powers Buzz Bingo’s Launch of Innovative Omni-channel Experience
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Playtech announced the launch of Buzz Bingo’s groundbreaking omni-channel bingo game, Big Money Live.
Big Money Live sets a new standard in the bingo proposition by seamlessly combining online and land-based players across all Buzz Bingo clubs into a shared and exciting experience, powered by a low latency video stream with an engaging live presenter.
Officially launched at the end of 2024, Big Money Live debuted with a record-breaking £100,000 prize pool, the largest omni-channel bingo prize in the UK. Players nationwide participated in the exciting new chapter of bingo history, enjoying the game from both the vibrant atmosphere of bingo halls and the comfort of their own homes, showcasing the flexibility of this bingo offering.
Big Money Live is broadcasted from Buzz Bingo’s state-of-the-art studio in Derby and streamed live twice daily, seven days a week. Playtech, in collaboration with its ECM Systems platform, has worked closely with Buzz Bingo to develop a cutting-edge offering that caters to both digital and retail bingo enthusiasts. The seamless delivery of bingo games alongside live video enables entertaining and engaging features to be created around the core games, creating opportunities to attract new and younger audiences to play bingo together online and in-venue.
Marat Koss, VP of Interactive Gaming at Playtech, said: “We are incredibly proud to partner with Buzz Bingo on this project. Big Money Live represents a significant milestone in our ongoing commitment to innovation and excellence in the gaming industry. This collaboration showcases our ability to deliver top-tier technology solutions, such as the ECM handheld machines, that enhance player experiences across multiple channels, including online and retail. We’ve already received great feedback from the industry over this offering and functionality.”
Dave Evans, Chief Product Officer at Buzz Bingo, said: “The launch of Big Money Live marks an exciting new phase for bingo in the UK. Our partnership with Playtech has been instrumental in bringing this vision to life, and we are confident that this game will attract more players and offer bigger prizes than ever before.”
Richard Kearns, Head of Bingo at Buzz Bingo, said: “This new concept is a testament to the hard work and collaboration between our teams and Playtech. We are dedicated to providing innovative and engaging bingo experiences, and Big Money Live is a perfect example of this commitment.”
The post Playtech’s Bingo Technology Powers Buzz Bingo’s Launch of Innovative Omni-channel Experience appeared first on European Gaming Industry News.
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