Online casino history in India
The use of the Internet all over the world has been on the increase since the beginning of the 21st century. The internet has helped businesses reach their target audience as nine out of ten individuals use the internet for various activities.
Gaming is one of these activities. With the Internet, Casinos have been given another boast of evolution, and this time, gaming has been able to enter places where it was hitherto banned.
History of Casino in India
The history of Casino in India can be dated back to Ancient times when Indians were erecting special houses that saw various people betting on the outcome of events in India. The tables have, however, turned as the State of India does not legally authorize gambling and Casinos in India. India has divided games into two, games of chance and game of skill.
India has no issues against games of skill such as Fantasy Sport and the likes, but there is great controversy about the game of chance.
Many persons have argued that these games can lead to money laundering as well as other crimes, but some people believe that these games will help the Indian economy by generating revenue for the state. There are very few land-based Casinos in India. These are often seen in states that have legalized gambling like Sikkim, Gao, and Daman. There are also Indian Casinos erected on boats.
Rise of Online Casinos In India
Betting is outlawed in most of India, but there is In law against online betting. Many Casinos began to use this loophole to enter into the Indian gaming market. “According to the Public Gambling Act (1867), all kinds of gambling in India are illegal, But unlike in the US where there is the American Internet Gambling Prohibition Act, no specific laws exist in the Indian system that bar online gambling” Pachnanda Vikrant, an advocate of Delhi high court and managing director of Indian Law journal said.
In 2009, the Finance and Revenue expenditure department of the government of Sikkim published a memorandum that is seen as Sikkam online gaming ordinances. This contained regulations for gaming licenses within the State. In 2010, the state of Sikkim pushed for the authorization of Online gaming in India. Although this failed, there has been an increase in the use of online Casinos in India.
Many Indians now play Casino games from the comfort of their houses without having to travel long distances to satisfy their yearnings for Casino games.
No online casinos are operating in India, but there are many serving Indians from other countries. These Casinos are easily accessible to Indians. In fact, there is no defined limit for offshore Casinos that provide for the Indian gaming market. Many casinos are even focusing on Indians and accepting Rupees as payment currency. Also, gaming providers are now developing Indian-themed games. Games such as Teen Patti and Andar Bahar are available on many casinos for Indians to play.
No slowing down
The growth of Indian online casinos has been exponential, and it is not going to stop soon. Many more players are finding it comfortable to play games from their homes and also win real money and making it more exciting. Casino games can also be played using mobile devices at any time. As users of smartphones and internet increase in India, so will the use of online casinos.