Gambling, in its many forms, has existed in the country for more than decades. Whether it is people secretly operating as bookies for major sporting events, or simply families playing card games at home, betting small stakes to make things more fun, gambling has been a huge part of the entertainment culture in India.
In recent years, we have witnessed the importance of gambling through the rise of the online betting industry in India. With more and more people now signing up on betting apps and real money gaming websites, the online betting industry as well as sports betting sites have undergone massive growth. In fact, reports suggest that the industry is growing at an annual rate of 40% and will be worth about $2.8 billion by the end of 2022!
That sort of growth establishes the importance of giving due attention to the online betting industry and coming up with new strategies to create a more user-friendly space for gamblers in the country.
Is Online Sports Betting Legal in India?
As it happens, the sports betting industry of India remains in a legally ambiguous position. The Public Gambling Act of 1867, which is accepted in most Indian states, does not strictly prohibit the use of online betting websites, especially the ones based outside the country. Additionally, skill games such as fantasy sports and card games like rummy and poker are considered legal in most of India.