Categories: Poker
July 4, 2018
| On 11 months ago

Online Poker market promises optimistic growth in coming years

By Shalini Singh @Shalini_Singh15

The Indian government is yet to make its perception about poker. While some view it as gambling, some consider it as a game of skill.

Despite this deep divide in our country, poker has witnessed tremendous growth in the past few years.

Industry experts suggest that there are about two million real money poker players in India and they believe that the number of poker players is expected to increase in the coming years.

Anuj Gupta, Founder and CEO of online poker website Adda52, said “Indian online poker industry is growing at a rate of 30-40 per cent per year. With growing craze among the people about Fantasy leagues of cricket and football, online gaming is making big strides.”

“Online tournaments are also growing because people want to learn and experience the excitement of online poker,” he said.

Adda’s parent company, Gaussian Network was acquired by Delta Corp for Rs. 223.9 crore last year.

Gupta also said that the perception related to poker should change as people still view it as something negative.

He believes that making people aware of poker is essential for changing the narrative around poker.

The Present Scenario:

According to the report published by MECN (Media Entertainment Consulting Network) suggest that India is the largest and fastest-growing online gambling market across the globe.

The recognition of the card game online is accompanied by affordable data plans and smartphones. With more and more people recognizing poker as a game of skill.

The Road Ahead:

Spartan Poker co-founder Amin Rozani believes that Indian market is ripe and ready for the growth of poker.

Although the legal and social problems related to poker are still a hurdle for poker industry, big poker brands are eager to invest in India.

With growing popularity of poker in the United States, the United Kingdom, China and other European nations, Indian poker industry is expected to grow manifolds.

As per a report published in the Economic Times, the online poker industry generated a revenue of about $120 million and the figure is only expected to grow in the coming years.

Shalini Singh @Shalini_Singh15

A Writer | A Reader | Above all- A Human Being constantly looking forward to pushing the envelopes!

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