How profitable are gambling in India?

Cât de profitabile sunt jocurile de noroc în India
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The Indian casino market is enjoying significant growth in recent years two years, its share reaching the value of Euro 9 billion. The Indian lottery is the absolute leader on the gambling market, with revenues of 1 billion Euro, on the next places being ranked Superbet (593 million Ron) and Maxbet (489 million Ron).

Therefore, the gaming industry Luck in our country generates consistent income (given that only 6% of the country's population gambles at casinos and sports betting, and 15% at lotto). The increased popularity among players, the 100% state-regulated environment (through the Indian National Gambling Office) and the potential of the market determine the emergence of new and new operators in this sector. || English 248

Sunt legale jocurile de noroc în India?

Începând cu anul 2009 (OUG nr. 77), zona jocurilor de noroc din țara noastră a început să beneficieze de un cadru legal în care acest tip de activitate să fie reglementată spre a servi intereselor statului, operatorilor și jucătorilor.

Subsequently, by GEO no. 20/2013 and GD no. 298/2013, the foundations of the National Office for Gambling in India were established, the institution that is responsible for everything that happens in the gambling sector in India.

The legislation was supplemented with GEO no. 92/2014 and GD no. 111/2016, so that from that moment, all operators who applied for and obtained a license from ONJN obtained the right to organize gambling legally.

Which were the first casinos licensed in the territory India?

In 2016, the ONJN licensed the first platforms of online casino in our country. Thus, based on decisions no. 1278, 1279, 1280, 1289, 1291, 1438, 1439, 1560, 1562 and 1564, the Winmasters, Netbet, Stanleybet / Gameworld, Betting House, Betfair, Pokerstars, 888 Casino, Fortuna, Superbet and Vlad Casino / Unibet platforms were launched.

How often are new casinos launched in India?

The year 2017 brought new casino platforms on the Indian market, such as Sportingbet (decision no. 2303), Maxbet (decision no. No. 2555), Betano (Decision No. 173), Baumbet (Decision No. 170), Publicwin (Decision No. 1307) and Efbet (Decision No. 1925).

In 2018, the platforms were presented. Get's Bet (decision no. 2653) and Winbet (decision no. 381). The year 2019 comes with a single license granted to Play Online Solutions Limited (decision no. 2962), but which means several casino platforms and fixed odds bets, such as EliteSlots, Winner, Winner Bet, Seven, Bet7, SenatorBet, Eldorado Casino and Excelbet.

2020 marks the launch of the platforms MozzartBet (decision no. 209), Admiral (decision no. 425), Favbet (decision no. 811). Other casino sites have been launched in 2021, such as Cashpot / Princess Casino / Magnumbet / Luck (decision no. 325), MagicJackpot (decision no. 2714), Frank Casino / SlotV / MrBit (decision no. 807), Las Vegas (Decision No. 806), PlayGG (Decision No. 2055) and Conticazino (Decision No. 2054).

Therefore, in 2016, 12 casinos were launched (including those with a common license), in 2017 6 new platforms appeared, and in 2018 only 2 casinos. The year 2019 marked the granting of a single license, but for 8 sites, and in 2020 only 3 new casino platforms were presented. . Therefore, the frequency of new launches varies, but it has never been less than 2 new casinos presented annually. The class I license is valid for 10 years, and the obtaining process involves the analysis of the file for at least 4 weeks.

Anul 2021 a reprezentat un reviriment pe piață, fiind lansate 11 noi cazinouri. Așadar, frecvența noilor lansări variază, însă niciodată nu a fost mai mică de 2 cazinouri noi prezentate anual. Licența clasa I este valabilă timp de 10 ani, iar procesul de obținere presupune analiza dosarului pentru cel puțin 4 săptămâni.

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Autor Homeghi Constantin

Homeghi Constantin has a degree in Law (he graduated in 2003) and after working in this field he told himself that it was time for a change. Because he is passionate about writing, he decided to make this passion a ... Read more about the author

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