Poker Industry In India
The market for online versions of games such as Poker has grown tremendously during this period of lockdown as people battle boredom, stress, and loneliness amid continued physical distancing. It is one of the biggest winners in the online gaming industry. Poker, the refuge of the bored, lonely, and thrill-seeking Indian in lockdown.
Poker Industry In India Pakistan
India’s poker industry was already in a major growth phase in 2019, and now, after the lockdown, it seems to have burgeoned further. There are professional players, too, who make their entire living out of playing the game, like players of any other sport do. Poker is coming up with so many new innovative features such as 3D Poker & Live Poker.
Online Poker Industry In India
- Online poker platforms are scalable and profitable,” he says. A KPMG report estimates the online gaming industry in India at Rs 4,380 crore (FY 2018), and projects it will grow at a CAGR of 22.1.
- The state of online poker market in India is robust and improving year on year. In 2017, the Indian gaming Industry’s market value was about USD 290 million, with over 120 million online gamers, as.
- The online poker industry falls under the real money gaming umbrella and India truly has embraced the digital medium really well. At present, the industry is worth Rs 400 crores and is a major.
- Though it is difficult to estimate the size of India’s online poker industry, according to Agarwal, reports last year pegged it at about $110-120 million. That may seem a small size for a largely profit-making industry but the potential isn’t lost to outsiders.
The booming popularity of poker in India cannot be doubted. Although there is a deficiency of a uniform legal jurisprudence on the matter, but more and more states through the medium of their high courts are conferring the ‘game of skill’ distinction on poker. The Supreme Court of India in its judgment in State of Bombay v.
3D Poker: It features 3D formats of personalized Avatars
Live Poker: It provides a real-world experience of playing and conversing with real players online
Benefits:
- The users can invite their friends and family and play the game for real cash or virtual coins while sitting in their own space
- Brought people during the times of pandemic
Growth Of Poker Industry In India
- Real-world experience to its users like real-world dealer’s commentary exchange mocking gifs, club room ambiance, personalized 3D avatar
Poker Industry In India Mumbai
- Advanced secured features, the payment gateway to maintain high-security standards for the userssil