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A Look at Indian Online Sports Betting Trends

George Miller

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A Look at Indian Online Sports Betting Trends
Reading Time: 4 minutes

 

Gambling has been a huge part of Indian culture for an extremely long time. There are many festivals that happen throughout the year, such as Diwali, where card games are enjoyed. In more recent years, sports betting has become a popular hobby that has led to plenty of match-fixing scandals as criminals try their best to beat the system. Overall, though, the majority play for fun on their mobile phone. In the following article, we are going to have a look at online sports betting trends in India.

Is Sports Betting Legal in India?

Like with many industries in India, the legality of the gambling industry is not clear cut, and it is expected that things will drastically change over the coming years. The government has history with making wrong decisions, so the people of India will be hoping that they will get this one correct. Whether they legalise gambling or not, they cannot stop it from happening, so regulating the gambling industry instead of prohibiting it would be the better option.

It really is about time that the government updated the public gambling act as it has been in use since 1867 when the British were in control of India. This act banned the construction of land-based casinos and gambling sites, but since the Internet was still over one hundred years away from being created, there is obviously no mention of online betting sites. So, while land-based bookmakers and casinos can only currently be found in states such as Sikkim and Goa, gambling at online casinos and sports betting sites is something that can be done across the country.

Online Sports Betting is on the Rise Across India

Despite the grey area, the online sports betting industry in India rakes in big bucks every single year. One of the main reasons for this is the fact that nowadays Indians are spending one-third of their time awake on the mobile phones. Most sports betting sites now have websites and apps that are very easy to use on smartphones, and many are happy to accept Indian sports betting fans because they can see how much potential for profit there is.

Indians can now simply sign up with a bookmaker that is based outside the country, download their app on to their mobile device and then gamble on their favourite sports wherever they happen to be, so long as they can connect to the Internet. There used to be a time where Indian sports betting fans would need to visit dodgy backstreet bookies if they wanted to bet on sports.

Cricket is the Country’s Favourite Sport

The main sport in India is cricket and Indians love to watch it, play it, and bet on it. Many often say that cricket is like a religion in India, and this really is not an exaggeration. Any cricketer that gets selected to play for India and goes on to have a stellar career will be treated like a God. One only has to look at the likes of Sachin Tendulkar to see this – he cannot go anywhere without having people screaming out to him and trying to touch him.

One of the world’s most popular cricket events is the Indian Premier League (IPL), and it is estimated that Indian cricket fans bet $50-60 million per match. The IPL features all of the best limited-overs players from around the world and they spend around 6 to 7 weeks entertaining hundreds of millions across India and the rest of the world.

When an IPL game is on, most of India stops what they are doing to watch the action. The 2021 IPL is scheduled to start on the 9th of April and finish on the 30th of May, and while there are no fans allowed inside the stadiums, it is still going to be a highly entertaining event and cricket fans cannot wait for it to start.

When it comes to cricket online betting in India the IPL draws the most money, but Indians love to bet on a variety of cricket, especially when the Indian national team is involved. If the Indian national team is not playing or the IPL has come and been, Indian cricket fans will have no issues betting on great cricket events that do not include their beloved team, such as The Ashes between England and Australia.

Due to the Covid-19 situation, a lot of cricket was postponed in 2020, meaning that there is a lot of catching up to be done. While this might be tiresome for the players involved, it is great for cricket fans across India and the rest of the world as there will be plenty of entertaining cricket to enjoy and bet on. We cannot forget that the Twenty20 World Cup is scheduled to be held in India in October and November of this year.

With all this cricket scheduled to be played, it is also going to be a great year for online sportsbooks as it stands to reason that the more cricket there is on, the more money will be bet on it. In fact, due to the overloaded schedule, there are many who believe that cricket betting is going to have its most lucrative year ever.

Horse Racing is Not Far Behind

Horse racing has been popular in India for centuries and is second only to cricket when it comes to betting. It is estimated that 35,000 crores are bet on horse racing each year and with one crore equaling around $140,000, we will let you work out the total amount. The fact that horse racing fans do not even have to leave their home now to bet on horse racing is something that has definitely helped increase the amount of money bet on this sport.

Football Betting is on the rise

Football is the most popular sport in the world, and it is gaining more popularity in India, although it still has some way to go to catch up with cricket and horse racing. When there are no cricket matches being played to watch and bet on, Indians will have no issue with turning their attention to the Indian Super League and some of the world’s best leagues such as the English Premier League, La Liga, Bundesliga and the Serie A. They are also more willing to try their luck on South American and Chinese Leagues, which means that bookmakers that cater to Indians now have to embrace lesser leagues from around the world to keep their Indian contingent happy.

Asia

Casinos in Goa to Remain Closed Until May 10

Niji Narayan

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Casinos in Goa to Remain Closed Until May 10
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Goa’s state government has extended the lockdown measures for another seven days, from May 3 to 10, as part of efforts to halt a massive outbreak of COVID-19 currently sweeping the country.

The extended lockdown follows an initial four-day lockdown announced last week which saw all non-essential services including casinos, hotels, bars, restaurants and tourism facilities ordered closed.

Under revised conditions in place for the next seven days, those same businesses must remain closed while shops selling food must shorten their hours of operation from 15 hours a day to 12.

An order issued by the North Goa District Magistrate said, “A surge in COVID-19 cases is being witnessed in Goa and other parts of the country, and the situation might further aggravate due to public gatherings and active interactions among high positivity rate.”

Before going into lockdown last week, the Goa government had imposed a night curfew from 10 pm to 6 am with casinos, restaurants, bars and cinemas allowed to operate at 50% capacity during opening hours.

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Asia

NSUSLAB Korea Awarded ISO 27001 For Online Gaming Platform

George Miller

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NSUSLAB Korea Receives ISO 27001 Certification For Online Gaming Software Press Release
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Software used by online poker giant GGPoker certified as securely managing information assets

NSUSLAB Korea, a leading developer of online gaming software, announces today that it has received an International Organization for Standardization (ISO) 27001 certification for its online gaming platform.

ISO 27001 is an international standard recognized globally for managing risks to the security of information held by an organization, and provides a set of standardized requirements for an Information Security Management System (ISMS).

NSUSLAB Korea’s software powers the world-renowned GGPoker poker room, which hosts hundreds of thousands of players and games each week. GGPoker operates in a number of regulated markets, and holds United Kingdom Gambling Commission and Isle of Man Gambling Supervision Commission licenses amongst others.

“NSUSLAB is proud to have secured this ISO 27001 certification, as we have always placed information security at the forefront of our efforts,” said Daniel Lim, CEO of NSUSLAB Korea. “We hope that the news further assures GGPoker, its players, partners and regulators of our commitment to maintaining the security of their information.”

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Asia

Kwalee projects £20 million investment in India following success of Bangalore studio

George Miller

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Kwalee projects £20 million investment in India following success of Bangalore studio
Reading Time: 2 minutes

 

UK-based game developer and publisher continuing to build in Bangalore as India becomes Kwalee’s biggest country by downloads with around 5 million monthly active players

Kwalee, a renowned developer and publisher of video games for all platforms, has projected a $30 million investment in its India operations over the next five years.

The Leamington Spa-headquartered firm announced its intention to make Bangalore the home of its first overseas studio back in May 2020, initially building the team on a remote basis due to the ongoing COVID-19 pandemic.

With the physical Bangalore studio now established in one of the city’s vibrant technology parks, Kwalee Bangalore already employs around 50 talented staff and is planning significant expansion with around 80 current vacancies in India across all disciplines and 25 new vacancies in the UK.

Team members in India have already contributed to the development of games such as Blade Forge 3D (20 million+ downloads), Teacher Simulator (25 million+) and Let’s Be Cops 3D (21 million+). Kwalee Bangalore team members have also been involved in updating classic titles like Draw It (90 million+ downloads) and have played a prominent role in many other exciting games that are close to launching worldwide.

But as well as India having an increasingly significant part to play in the development of Kwalee’s titles, the publisher currently sees more downloads of its mobile games in India than in any other country. With well over 600 million total downloads worldwide, including downloads in every country on earth, that amounts to a massive player base in India.

Kwalee is headquartered in Leamington Spa and was founded by games industry legend David Darling CBE, who previously co-founded Codemasters in 1986 and paved the way for the midlands gaming hub now known as ‘Silicon Spa’. With Kwalee having made its name with ‘hypercasual’ mobile games, which are known for their mass appeal and accessibility, the firm now also publishes games on PC and console platforms.

UK Prime Minister Boris Johnson said, “I’m delighted that Kwalee is expanding into India to make the most of the opportunities for UK businesses in one of the world’s biggest economies. Our exporters are brilliant ambassadors for Britain and I hope today’s announcement is just the start of what you can do for India and the UK.”

“It’s incredible to see the brilliant team we have managed to build in Bangalore, in such a short space of time,” said David Darling CBE, CEO and founder of Kwalee. “The vision from the start was for our teams in the UK and India to collaborate as though they were one studio, and even under difficult circumstances we’ve seen the fruits of that with great games and a fundamental contribution from our colleagues in Bangalore.”

“Our projected investment in Kwalee Bangalore over the next five years shows our commitment to continue building this amazing team and to maintain our rapid growth as we build a global team to make global hits. We’re so proud of what’s already been achieved in a disrupted year and we can’t wait to build on this platform.”

Kwalee’s most recent release, Makeover Studio 3D, has surpassed 2.5 million downloads in a matter of weeks and was recently a top-3 game on the App Store in the USA, UK and Canada.

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