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  • Thursday, April, 2021| Today's Market | Current Time: 08:17:48
  • How Has the Indian Online Gambling Industry Grown During the COVID-19 Crisis?

    Published on April 21, 2021

    As the world suffers from a global pandemic, many businesses were affected. It has greatly affected the socio-economic condition of all countries across the globe, including first-world countries. To somehow lessen the spread of the virus, many countries implemented lockdown and curfew. There is also some restrictions in business operations, including operations of land-based casinos.

    Although pandemic has taken its toll in land-based casinos, it surprisingly positively affects online casinos. The online gaming industry, especially only the gambling sectors, are not only surviving but thriving. Many people switch over to online gambling as it allows them to play their favorite casino games without leaving the comfort of their home. In India, user engagement has significantly increased during the pandemic. It puts online gambling platforms in a better position than the rest of land-based businesses.

    Below are the reasons why the Indian online gambling industry has massively grown during a pandemic.

    • Gamble safely – In this pandemic, people are strongly advised to stay in the comfort of their homes to limit the spread of the virus. Although some land-based casinos are already allowed to operate with minimum capacity, many are still hesitant to go to physical casinos. The fear is all the more intense for players with co-morbidities. For this reason, they prefer to stay home and gamble online. By registering an online casino account, they can access all sorts of casino games without leaving the comfort of their home.

    • A wide array of casino games – Online casinos make you feel like you are in the land-based casino. It emulates the feel and ambiance, especially in offering a multitude of casino games. There are many options to choose from, including the classic casino games to the modern ones. With tons of games to choose from, there will always be something for all types of gamblers.

    • Bonuses and promotions – another reason why the online gambling industry is thriving in this time of pandemic is the bonuses and promotions. Online casinos know that many people are struggling financially in this time of the pandemic. Hence, one of the reasons why many businesses struggle to survive. As a way of enticing players to play online casino games, online casinos offer generous bonuses and promotions in the form of welcome bonuses and loyalty points. Players can start gambling without using their own money. If luck is on their side, along with strategy and gaming skills, they can make a huge amount of money by simply playing casino games in the comfort of their home.

    The pandemic that the world continues to suffer has severely affected all sectors, not only businesses but social, industrial, among many others. While many businesses struggle to survive, it is a good thing that the online gaming industry remains unaffected. In fact, it has experienced a rise in the number of players and revenue. For many players, online gambling has become a source of additional income and a deviation from the stress brought about by COVID-19.