Online casinos have experienced a significant growth in popularity in India over the last decade and especially over the last two years. The country has become a favourite destination for offshore casinos keen to offer the latest casino games as well as impressive bonuses and promotions.
You only need to look at this brand new online casino list to get an idea of just how much growth is happening. It's not surprising that revenue from online casinos in India is expected to reach 250 billion rupees within the decade. But, why has this spike in growth happened. Let's examine the reasons.
Digital Growth in the Country
The number of people with wireless subscriptions in India rose from 200 million in 2016 to 493 million in 2018. This indicates just how much digital growth is happening in the country. 4G networks have also expanded and there is wide-ranging access to smartphones. By 2024, it's expected that there will be over one billion smartphones in India.
This surge in digital growth gives people in the country access to online casino sites. This applies at home using a desktop or laptop or on the move using a mobile device.
Convenience
One of the main reasons for the high level of growth in online casino sites is that gambling enthusiasts in India can enjoy playing games and betting on sports wherever and whenever they choose.
They can simply log in and get started at any time as casino sites operate 24/7. This convenience means that more people in India are gambling than were previously, around 80% of the population have gambled online at some point.
Bonuses and Promotions
Casino brands have aided their own growth by offering bonuses and promotions to players. These offers give Indians the opportunity to try lots of new games and they also have more opportunity to win.
The rewards do not stop when a player first joins an online casino. Many sites have VIP and reward programs, so people keep playing. They also pass on the news of great bonuses to other people. This helps to further increase the number of people visiting online casinos.
Easy payments
Online casinos that operate in India provide a number of easy to use and secure payment options. This often includes favourites such as Paytm. The security aspect is especially important to tech savvy Indians who want to make sure that they are safe while playing online.
As online casinos expand their growth into India so they are likely to expand their India-friendly payment options even more. This will add further fuel to the growth of casino sites in the country.
Evolution of online casinos
Online casinos are much-improved over recent years, in terms of the number and quality of games on offer as well as security levels. This makes them attractive to players across India. As the evolution of these casinos continues so they will offer enhanced experiences to players. This will help them to attract new visitors as well as retaining current fans.
All of these factors come together as reasons why there has been a spike in the growth of online casinos in India over the last two years. They will continue to play a part in the ongoing growth of the industry in the future.