Explained: Future of online gambling technology in India
Gambling is a popular hobby that has brought joy, enjoyment, and entertainment to many people throughout time. However, not every corner of the world has accepted gambling as enthusiastically or as quickly as others. Gambling is a grey area in the moral fabric of society, according to various state governments. This is still the case in India, even though the majority of the population gambles daily. Gambling is a highly taboo and complicated topic in India. It’s a hugely popular leisure pastime among the general public, but the Indian government hasn’t always agreed.
When the COVID-19 epidemic struck the majority of the planet in 2020, many people were obliged to stay indoors and avoid large crowds in public places. In India, there are just a few land-based casinos in a few states. This is because the regulation of gambling operations falls under the purview of state legislation. However, as these land-based businesses were forced to shut down due to the epidemic, most people turned digital landscape to play their favourite casino games. Finding and playing at an online casino in India is not legally prohibited since citizens just browse offshore casino websites that are outside of the Indian government’s authority.
With that said, what can we look forward to when it comes to the online gambling future in India, especially in the field of tech?
Extended reality technologies
The gaming industry has evolved substantially from the earliest arcades to today’s augmented reality (AR) and virtual reality (VR). This technology development has been adopted by the gaming industry since it radically modifies the way players play. This function is available at many online casinos.
AR/VR provides a whole new betting experience by allowing a 360-degree view of a genuine casino. AR adds digital layers of information to make it more dynamic. VR, on the other hand, comes with sensor gloves and a screen. They work together to generate a Mixed Reality (MR). Virtual and augmented reality have altered the betting sector and will undoubtedly play a significant part in the future of online gaming.
Cryptocurrencies
Cryptocurrencies like Bitcoin and Ethereum provide various ‘gaming’ benefits. Every gambler desires safety and discretion. When you play at a crypto casino, you have immediate access to your cash. As a result, there is no requirement for a third party. Furthermore, crypto transactions are among the most secure methods of transferring money online. Blockchain makes cryptocurrency games fairer. That is, gamblers can determine if the outcome was estimated or controlled by random numbers. As a result, you will receive extra benefits.
Furthermore, the games provided by crypto-gaming sites are of the finest quality. Slot machines, roulette, blackjack, and other classic games are accessible to enthusiasts of the genre.
Stronger focus on mobile gaming
Another factor to examine is the advancement of mobile technologies. When it comes to technology, online casino gaming in India is often recognized as one of the most literate and capable countries in the world, outperforming most others. As a result, more Indians now have access to mobile devices such as smartphones and tablets. These are incredibly powerful devices that are becoming more affordable to those on lower budgets. More people will have access to gadgets that allow them to participate in online gaming as phones become more powerful while simultaneously becoming more inexpensive.
Final thoughts
The online gaming industry is not expected to move slower in the coming years. This would increase pressure on the Indian government to create more modern and relevant legislation that would allow internet gaming firms to operate in India. There are just too many incentives to overlook when it comes to the potential tax revenues of such a thriving company.