India’s online real-money gaming industry is growing rapidly. Though it is still considered a niche business for its scale, the industry is growing at an exponential pace. It is estimated that between FY15 and FY22, revenues from real money games India will be worth approximately US$2 billion in the country. The country’s rapid growth can be attributed to a variety of factors including low-cost, high-speed internet connectivity and changing behavioural patterns in post-covid times. Also, digital payment systems have improved.
Indian legality for real-money games
While some Indian states prohibit online gambling, the vast majority allow it. There are also a few states that allow real money games. However, it is very important to check with your state’s regulator to find out if it’s legal in your state. If you’re looking to gamble for real money, you should only play games in those states. The Advertising Standards Council of India has a self-regulation code that applies to all states. The code prohibits the propagation of illegal products and services, and it includes rules that restrict the promotion of real money gaming in certain states.
There are many states that ban real-money gaming in India, but others are still considering the matter. The Tamil Nadu, Karnataka and Karnataka governments appealed to the Supreme Court of India’s decision, saying that the ban was arbitrary and in violation of the Constitution. The Kerala High Court also ruled that the ban on online rummy was illegal and arbitrarily imposed by the state.
Real money games are very popular in India
The world’s second largest population, coupled with a young population and an explosive growth rate, presents a huge potential for gaming. According to estimates, the mobile gaming market in India is worth more than US$ 2.4 billion by 2020. While Chinese gamers haven’t been interested in India, it has seen real-money games become very popular. This growth in mobile gaming is an opportunity for India to diversify and expand the market.
The internet has made it easy to download gaming software, and the popularity of real money games in India has increased tremendously. Many gamers are now finding it easy to make money by playing games that they love. Some of the popular money-earning games are ludo, rummy, call break, poker, and fantasy games. No matter what genre, Indian gamers are happy to pay for it.
The best platforms for making money in India with real-money games
There are various top platforms where you can play real money games to earn real cash. There are some that are popular with Indians and others that have a limited audience in India. Below are some of the online platforms that allow you to make real money playing games in India. Let’s start with Parimatch. Over 2,000,000 players have joined this gaming site from more than 200 countries. The platform was founded in Ukraine, and has since expanded to many other countries over the past decade. In late 2019, it entered India. Parimatch has a huge and trusted community of players, especially among young people in the country.
Another game platform that offers you the opportunity to win cash is Howzat. This fantasy cricket app has a user base of more than one crore. You can also choose from the upcoming matches to win cash prizes. You can also play games like fantasy sports with real cash on Dream11, which is India’s largest fantasy sports platform. If you defeat the legends, you can win daily cash prizes on the app.