The online casino market has been booming for the domestic market with it being valued at over $930 million and an expectation to grow by 41% in the following year as per a report by Maple Capital Advisors.
With the average payout of over 95%, the online slot games market is the next big thing and soon it will be ready to take over as the most valuable vertical of the online gambling industry in India. With content companies like NetEnd and Play’n Go’s high quality games, the Indian market for online gambling is has reached staggering high numbers and is getting attracted to the online gambling world like iron to magnets.
Following the pathway that was created by China a decade ago, the naysayers are being proved wrong. Many once believed that the online slots will not be popular and not have as much traction as it has in Europe, however within such a short period of time the Chinese online casino market has made a change of high magnitude by growing in value of under a billion dollar to the amount of $24 Billion as per Bloomberg.
The adrenaline rush created by spinning the reel and anticipation for the result is unparalleled to any other vertical in the online casino market. Striking up the patience to either win up to 4-5 times your original bet or triggering the multi-million dollar jackpot creates such a sense of euphoria that the person wants to hit the button and spin away to win insane amount of bonuses.
India is a growing market for online gambling with traffic hitting the online casinos at an all-time high. According to SEO reports, slots are one of the easiest casino games and with the smallest bet sizes, the demand for it has been picking up rapidly.
To entice the Indian market content companies are coming up with Indian theme games such as ‘Bollywood Party’ & ‘Diwali Lights’ each making casinos hundreds of thousands of dollars. The love for online slots here is rising and rising fast.
Hi guys, I am Faizan, an online casino game enthusiast with over 5+ years of experience. I am passionate about online casino games, and my sole motive is to provide you with all the trustful information regarding online gambling in India. I love to play slots, RNG, and Live Casino games.
My articles have been featured in Cricket Addictor, East Mojo, 1883 and The Bridge.