The seventh-biggest country in the world by area, India is home to over 1.3 billion people as estimated in 2018. India is a stunning country full of diversities, natural wonders, and much more that makes it one of the most popular tourist destinations. As estimated in 2020, India has the sixth most developed economy in the world by nominal GDP. Even though its economic rate dropped by around seven percent in the previous fiscal year, the Indian economy is set to recover.
One of the fastest-growing industries in India is most certainly the services sector while the country is also home to highly-developed manufacturing, automotive, aviation, agriculture, and banking industries. When it comes to the Indian gambling industry, gambling activities are allowed in just three Indian states including the states of Sikkim, Daman, and Goa. Gambling laws and regulations in Indian vary from one Indian state to another.
More specifically, every Indian state is entitled to devise its own gambling laws and regulations. However, not many Indian states have taken advantage of this. Today, casinos operate legally in those three states previously mentioned. The main piece of legislation in the country concerning gambling activities is the Public Gambling Act that has been in force since 1867.
According to this central gambling law, Indian residents cannot be in charge or fun public gambling venues. The same act also prohibits Indian residents from visiting gambling venues. This means that all gambling activities have been banned in the country since 1867. Only in recent years, some Indian states have created their gambling laws and regulations.
Gambling Activities and Regulations in Goa, Sikkim, and Daman
As mentioned in the previous section, it is against the main gambling act to run gambling venues or engage in gambling activities. At the same time, Indian states have the right to conduct their own laws and regulations and this was done by the states of Goa, Sikkim, and Daman. These three Indian states have made it legal for companies and businesses that offer entertaining activities to operate within their borders. In other words, Indian players can engage in gambling activities at land-based casinos in these states.
Today, there are several brick-and-mortar casinos in the state of Sikkim including Casino Mahjong and Casino Sikkim. The state of Goa is home to ten land-based casinos and four of these are floating gambling venues located on the Mandovi River. The very first land-based casino in the state of Daman opened its doors relatively recently. When it comes to the Indian online gambling industry, it is most certainly in its infancy state mostly due to that rather outdated law.
There has been an increased pressure from various sites on the Indian government to allow iGaming activities, but at the same time, it seems legislators need more time. Either way, the Indian online gambling market has opened quite a bit in the last several years. While there are no online casinos licensed in India, Indian players can engage in online gambling activities at renowned international online casinos that operate outside of the country’s borders.
In other words, Indian citizens are allowed to engage in online gambling activities at online casinos that are not registered within the Indian borders. This means, the best online casino in India does not operate illegally, but it is not registered in India. Indians are huge fans of online casino games and gambling in general and fortunately, they have a wide range of renowned, respectable iGaming venues to explore. However, not all Indian casinos operate the same and some are not even worth anyone’s attention. So, let see what sets apart the best iGaming venues in Indian from others that are not worth checking.
The Best Online Casinos in India vs Others
Indian has a large base of active Internet users, but the country’s Internet penetration rate stood at just around fifty percent in 2020 according to this report. Still, India has over 560 million active Internet users and is the second biggest iGaming market in the world. According to the latest projections, there will be over 650 active Internet users in the country in two years from now, so there is no wonder why more and more online casinos cater to Indian players.
The best online casinos serving Indian players are fully licensed and regulated by renowned, reputable iGaming regulatory bodies such as the Malta Gaming Authority or the United Kingdom Gambling Commission. The best online casinos for Indian players also employ the most advanced security and privacy tools to protect their players’ personal data. These online casinos also employ a wide range of responsible gambling tools and commonly work with responsible gaming agencies such as GamStop, Be Gamble Aware, and GamCare.
Needless to say, the best online casinos for Indian players also feature impressive bonuses and promotions that always come attached with clear terms and conditions. Their gaming libraries are packed with various online casinos powered by certified online casino content developers. Finally, their banking department includes a whole range of convenient payment options including services that Indian players prefer using such as Net Banking, Paytm, Google Pay, Visa, MasterCard, and UPI, as well as cryptocurrency payments that are becoming increasingly popular in India in various sectors.