Buying Online Casinos in India: Recommendations for Operators

However, the gambling business in India has its own key features. Find out more about them in this articleon how to start a casino in India prepared by the Smart Money team.

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The Development of the Gambling Business in India

The games of chance have been a part of traditional Indian culture since ancient times. The coming of the British Empire to power halted the development of the gaming industry.

Today, the gambling business in India is allowed partially. The population of the country is loyal to gaming. People want to take an active part in various games.

The favourite entertainments of Indians are as follows:

• Sports betting. People from India are big sports fans. They are engaged in physical activities and follow sports competitions. The most popular sports here are field hockey, cricket, soccer, chess and others.
• Classic card games. Poker, baccarat, blackjack and other card entertainments attract the attention of many gamblers. Modern variations of these traditional games presented in online format are especially demanded.
• Video slots. Indian gamblers like exciting plots, vibrant and realistic graphics, as well as interesting musical accompaniment. Such games are popular among both beginners and experienced gamblers.

The Peculiarities of Indian Gambling Laws

According to Indian gambling laws, land-based gambling is allowed in three states (Goa, Sikkim and Daman). The decision to legalise gaming activities in these regions is related to their tourist attractiveness.

Citizens are allowed to:

• place sports bets;
• play casino games and slots;
• participate in lottery draws
• bet on horse racing.

It is noteworthy that poker is in a rather controversial position. Based on Indian gambling laws, skill-based games are allowed throughout the country. They are considered a kind of sport.

However, representatives of different states often argue about the status of poker. Some of them believe that this is a skill-based game and allow poker tournaments. The main condition is the absence of a prize fund. At the same time, it is not prohibited to charge for participation in the competition. In other regions, poker is considered a game of chance. That is why the leaders of these regions prohibit the organisation of competitions.

As for online gambling resources, the government prohibits opening casinos in India. Nevertheless, a huge number of gamblers visit international online casinos. The activities of such projects are practically not controlled by the state. This means that operators wishing to buy online casinos in India must license their projects in offshore jurisdictions (the Isle of Man, Kahnawake, Curacao, Malta, Costa Rica and others).

The online gaming activity (also known as interactive) in India is not strictly regulated by the government. Its main notions are mentioned in the Information Technology Act of 2000. The document implies that it is impossible to register the internet establishment on the territory of the country. However, it says nothing about targeting the Indian audience from abroad.

Usually, new operators receive foreign-based operational permits in Curacao and Malta. But it is also possible to reach the local gaming commissions of other countries, with the consideration of the following aspects:

• the complexity and amount of taxes;
• obligatory registration fees and regular deductions;
• commissions to platform providers, software manufacturers, and affiliates.

The operational permit for working in India is very prestigious nowadays. The reason for it is the number of active players. With the total population of over 1.35 billion and the desire to enjoy their favourite entertainment activity, people are excited to join new online casinos that appear in the country.

Working under an international license will allow you to get the most favourable tax conditions. Moreover, it will give you the opportunity to operate in several markets at the same time.

Restricted Casino Providers in India

The enormous scale of the country’s population is the main incentive for operators and program developers to target this region. The key requirement is the legality of the offered services.

India has no established iGaming regulations. Nonetheless, market participants still have to adhere to the state’s laws and conditions imposed by the jurisdiction they are licensed in.

The number of restricted suppliers of software in India is not high, but platforms managers still have to keep them in mind:

• Yggdrasil Asia;
• ELK;
• Evolution Gaming;
• Microgaming;
• Microgaming — Real Dealer;
• Netent Asia;
• Netgaming;
• XPG;
• iSoftBet;
• Lightning Box (Games Global, former Microgaming).

The absence of these companies can be temporary since working in such a lucrative market is particularly beneficial. Smart Money monitors the changes on the list to ensure our clients receive the most relevant programming support from the best vendors.

Meanwhile, we offer a wide array of currently legal manufacturers of gambling products. Our experts will analyse your capabilities and help assemble the collection of entertainment to suit your development direction.

Order up-to-date programming support, administrative content integration, and numerous other solutions at Smart Money.

Online Gaming in India

Given the large area and huge population of India, it can be argued that quite a few gaming establishments are located in the country. At the same time, many people want to try their hand at gambling activities.

Online gambling business in India has become an excellent alternative to the land-based sector.

Virtual gaming is popular among users for several reasons:

1. Convenient game format. It is possible to play games anywhere and anytime. Most entertainments have a user-friendly interface.
2. Small bets. Land-based establishments often charge entrance fees. In the meantime, users can visit gaming websites absolutely free. Moreover, they can receive bonuses for performing certain actions.
3. Wide availability. Gamers from small towns and villages do not need to go to big cities to try their luck. It is enough just to have any mobile device with Internet access.

Turnkey Online Casinos in India: The Key Benefits

If you want to buy an online casino in India, but have a limited time, you should think about purchasing a ready-made gaming resource. A low-budget alternative can also be an online casino franchise in India that may be set up over a brief period. In addition to saving your time, this solution will help you spare your money. Here are the main advantages of buying turnkey online casinos in India:

The Main Things about Purchasing Casinos in India

Entering the Indian market is a great way to start your own business and generate considerable profits. If you want to open an online betting establishment in India or launch a gaming project, do not forget about these nuances:

• land-based gambling is legalised in three states (Sikkim, Goa and Daman);
• poker tournaments with no prize pool are allowed in some cities;
• online gambling is in great demand among the population of India;
• it is possible to work under an international gaming license.

If you want to purchase a turnkey online casino in India, you should contact the Smart Money team. Our company has extensive experience in providing various gambling services. We cooperate only with reputable manufacturers of casino software in India (Amatic, Playtech, EGT, Microgaming and others). Our employees will help you license your project, create an up-to-date and stylish website and attract the attention of potential gamers.

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Do you want to find out more about turnkey gambling platforms and casino software in India? Please, contact our managers. Our team also offers assistance in developing an online casino business plan in India.

We look forward to your requests:

• e-mail: [email protected]
• Skype: sm.pay
• feedback form.