Categories: Poker
November 10, 2017
| On 1 year ago

Poker is becoming an emerging career option in India

By Rajib Kar

Poker game offers skill, technique, and monetary benefit. It is an emerging career option for players, business owners, and government. Today, we have taken the opportunity to discuss the rise, movement, and future prospects of Indian poker industry. Our country has made the inspiration of non-virtual card games, such as gin, bridge, or three-card brag, from Western and Eastern cultures. Teenpatti is the Indian version of one of the most popular British games, three-card brag. As per the report submitted by Media Entertainment Consulting Network, India is one of the fastest growing online gambling markets in Asia. The card game is soon expected to grab a significant share of the Indian online gaming industry. Both players and operators in India have already started pushing the government to legalise poker as it is a game of skill.

World Poker Tour® in India

The poker culture in India has moved a lot over the past decade. World Poker Tour® (WPT) is now making headlines nowadays. Isn’t it feels good to imagine world’s largest poker tournament in world’s largest democracy? Definitely, yes! Initiated by the collaboration made in April 2016 with Adda52, it has started its 2017 season in India from 7th November. It is being hosted at the Adda52 Live poker room onboard Deltin Royale (the biggest casino in India). WPT was founded in 2002 and emerged as one of the most prestigious brands in the world of poker. It has announced its expansion to Asia-Pacific region earlier this year. However, the online satellites to WPT India have started from Sept. 26, 2017. The events of WPT India are easily accessible and lucrative enough to pursue by the poker lovers across the subcontinent.

Significant Developments in Indian Poker Industry

Goa, which is known as the Mecca of Indian Poker, continued to maintain its status as the bloodline of the Indian poker industry. Initiated by an election manifesto, Goa Cabinet had promised to shift the casinos out of the River Mandovi. It was one of the peak developments done by Indian Poker Industry. Another significant development was introduced in August 2015 when the two-judge Supreme Court bench ruled in favour of poker and live rummy. The Court then allowed the club to withdraw their petition. The poker culture in Sikkim received a huge shot when cabinet permitted two operators to offer virtual gaming services within the state. Nevertheless, the first license was given in 2014 to M/s. Future Gaming Solutions Private Limited.

Top 10 poker tournaments in the world

  1. World Series of Poker (WSOP Main Event)
  2. Monte-Carlo One Drop Extravaganza
  3. Macau High Stakes Challenge Super High Roller
  4. Super High Roller Bowl 2015
  5. WSOP Event 57 – The Big One for One Drop
  6. GuangDong Ltd Asia Millions Main Event
  7. Pokerstars Caribbean Adventure
  8. EPT Grand Final
  9. Super High Roller Bowl
  10. Pokerstars Caribbean Adventure

Poker legalisation in India

Poker is based on the logic finding, strategy making, and mathematical calculations. It also requires a good grip on the psychology. So, the poker lovers consider it as a game of skill. But, the question, whether it is a game of skill or game of chance, still exists. Even after its long journey, the poker game is regarded as gambling in most of the States and Union Territories in India. It is surprising to know that few Indian states consider this game as a game of skill. In actual, there is no clear law towards the prohibition of this card game.

1. Goa

Goa is known as the Mecca and the breeding ground for Indian poker players. Poker is permitted in its casinos. Driven by a wide range of casinos, this Indian State has emerged as the most popular live Poker destination in India. It is also the number one destination concerning the number of poker devotees.

2. West Bengal

WB Capital, Kolkata, is the next big poker horizon. Card games rummy, bridge, and poker are excluded from the definition of gambling. Permission is still required from district magistrate and commissioners from conducting tournaments in public.

3. Kerala

Kerala is known for its freedom of expression, wealth generation capacity, high life expectancy, absolute literacy rate, and famous poker pros. Due to the open-minded culture it has, the people living in this state consider poker as a game of skill. Kerala Cabinet is actively engaged in discussing if poker should be regarded as a game of skill.

4. Gujarat

High Court is awaiting a response from the state government on the classification of poker.

5. Karnataka

In October 2013, Karnataka High Court ruled that playing skill-based games such as poker in recreational clubs should be permitted and a licence was not required. The introduction of nationally acknowledged Golden Aces Poker room in Bangalore has leapt forward when it comes to the promotion. Interestingly, this city has produced many internationally recognised poker pros

Poker is an Economically Viable Business

Over the years, India’s poker startups are moving towards the line of profit. So, the industry is inviting more entrepreneurs to come forward and invest in it. If the major obstacles are removed, Poker has the potential to develop into a robust industry in the field of business. The poker industry is also trying to focus on changing the perception that people have had in the past years. It is continually working towards creating awareness about the skill, technique, and monetary satisfaction it offers. As per the gambling experts, more than ten lakh players in India are currently associated with real-money poker. At the same time, massive revenues are being generated through this game. As estimated, it was more than 1000 crore in 2016. The revenue amount, as well as the number of players, is growing with the movement of time and technology. In addition to this, internet and smartphones are becoming readily available for the Indians.

Reference:-

https://www.onlinepokernews.in/top-indian-cities-from-where-poker-players-come/

http://www.thehindubusinessline.com/business-wire/a-rising-star-in-the-poker-industry/article9407333.ece

https://economictimes.indiatimes.com/small-biz/startups/indias-poker-startups-industry-worth-120-million-slowly-becoming-a-profit-making-model/articleshow/55234621.cms

http://www.pokerguru.in/article/First-Ever-WPT-India-Schedule-Released-Exclusive-Interview-With-Danny-McDonagh

https://www.entrepreneur.com/article/293118

https://www.adda52.com/wpt-live-poker-tournament

Rajib Kar

If cricket is a religion, I'm a religious person. I just love to play this game. I also enjoy watching, reading, and writing about the cricketing events across the globe.

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  • Its like you learn my thoughts! You seem to understand so much about this, like you wrote the e book in it or something. I feel that you can do with a few p.c. to pressure the message house a bit, however other than that, this is magnificent blog. An excellent read. I'll definitely be back.

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