Gaming in India has become one of the most exciting industries that are receiving ever-increasing investments from consumers and companies alike. It is no surprise that in 2021, the gaming industry is projected to reach a whopping 50 billion USD in revenue. India has a big role in helping this gaming industry grow by leaps and bounds.
India is ranked second in the world when it comes to the population so you can only imagine if this population is tapped rightly, what can it do for the gaming industry. As per research conducted by KPMG, India will have around 190 million gamers by 2021. The latest in gaming is online gambling and casinos. This is one of the richest gaming sectors where India and Indians can do wonders. There are quite a few reasons why India could be a game-changer for this gaming industry.
75% of the population in India is under the age of 45 which makes it the largest potential market for online gambling. This is exactly the right set of the crowd that chooses online casino games in the hopes of earning good money by playing online. Tapping this market for Indians should not be difficult, provided they are fully aware of the pros and cons.
India has more than 560 million internet users that makes it the second-largest online market across the globe. If we go by predictions, this number will go up to 650 million users by 2023. With the increase in the number of internet users, the number of websites has also increased. People are now looking for more and more online gambling options where they can try their hand and with optimal security and safety. Looking at the Indian market, CasinoX8 offers a wide range of online gambling websites that are genuine and secure and one can easily play their heart out.
From a mere 25 in 2010, the number of online development companies in India has risen to 275. There are a number of sites that offer regulated and licensed gaming/ gambling platforms. One can look out for CasinoX8 since all the sites mentioned there are legal and regulated. They even provide information on terms and conditions and casino licenses.
Gambling has become more accessible and comfortable nowadays, thanks to smartphones. Today, no one solely depends on gaming consoles or desktops. One can play from anywhere in the world and at any time they want. Revenues of mobile gambling have been surpassing all gaming consoles which has made it imperative for the developers to focus more on mobile audiences.
In the current scenario, online casinos and gambling have become popular and people are shifting more towards it because of its ease of use and availability over smartphones. However, to be involved, one should be very careful about the rules and laws that one must abide by in the game. CasinoX8 makes it easy for the reader to understand the terminology or rules of gambling which in turn builds up the gamer’s confidence.