The forces fuelling the explosive growth of India's iGaming market

It’s no secret that the iGaming market in India is growing rapidly — it is one of the fastest-growing markets in the world. There are a lot of potential players here which will result in a potential 6% growth in iGaming in India over the next few years. But what forces are fuelling this growth? Let’s take a look.

More Relaxed Gambling Legislation

The biggest growth driver in India’s iGaming market is a shift towards more relaxed legislation. The Indian government is starting to become way more accepting of the idea of gambling.

While there are still a lot more prohibitions on gambling in India than in other countries, these restrictions are starting to become a bit looser, with the vast majority of new laws there to eliminate illegal gambling (mostly through higher taxes) rather than to prohibit legal gambling.

Since it is now easier than ever to access legal gambling websites, more people are gambling — which is driving the growth of the iGaming market.

Access to the Right Tech

Indians now have access to far better tech and more people than ever currently own smartphones in India — which means they can easily access top iGaming games and websites in the palm of their hands. People can now gamble very easily from their homes as well as on a bus during their daily commute. Ease of access to gambling will, of course, drive growth.

Don’t forget — people still have access to their computers too. Computer ownership in India is at an all-time high, and while mobile iGaming probably still beats computer-based iGaming, the number of people gambling from their computers will still be quite high.

Better Internet Connections

Better internet connections, even in the more rural areas of India, have always contributed to the growth of iGaming. People can now actually connect to gambling providers, which makes it considerably easier to gamble.

An area that has really benefited from better internet connections is live casino gambling where people gamble with a live dealer on a video. This helps to replicate the in-person casino experience, and a lot of people love the whole idea of social interaction with their online gambling.

While we wouldn’t say that the majority of online gamblers in India use live casino gambling, a good number of them do and many of them do not gamble any other way. Since it is often more expensive to gamble with a live dealer game (since the dealer has a salary that needs to be paid), these games often make gambling providers a lot of money.

More Game Variety

The rise in legal gambling in India correlates with the number of games developers produce — Indian gamblers now have access to thousands of slot machines, and casino games. They are also able to gamble on sports in some new ways (e.g. live betting) which were not in use before.

Choice has always been a driver of growth in the casino industry. We’ve seen it in pretty much every single country — as the number of available games rises, the number of players rises with it because gamblers are far more likely to find a game that is right for them. Nowadays, you can find online casino games suitable for casual gamblers (i.e. those with barely any features) just as often as complicated slot machines for those with a bit more experience.

More Online Casino and Sportsbook Choices

There is a lot of cash in the Indian economy and bookmakers are focused on tapping into India’s growing market, as there is a lot of potential for growth.

Now, gamblers in India have a lot of casinos and sportsbooks vying for their attention, and those places will do anything to get gamblers on their site. Because of this, iGaming has been made a lot more enticing, and more people — who might not have considered online gambling before — are being drawn by the variety of choices and great bonuses that are now available.

The Growth will Continue

The future of online gambling in India looks bright. With access to better tech, wider game choices, more relaxed legislation, and an ever-growing number of platforms, the market is on the path to ongoing growth. It is fair to say that within the next decade or so, India could be boasting one of the best iGaming markets in the world.