What's the Future of the Indian Gambling Industry?
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There are many challenges facing the gaming industry in India. Wildz.com shares some success stories from the industry. The blog post shares the challenges and future of the game industry and discusses the future prospects of this industry there.
There are 90 licensed casinos in India. The main issue is the poor quality of casino equipment. Local manufacturers are responsible for the equipment used in these casinos. They have been used for a long time without proper maintenance or service.
The government has issued orders to cease all operations of slot machines made before a specific year due to improper wiring and poor quality switches. Many electronic machines are now being wired up with micro-switches.
The exploitation by suppliers/manufacturers is another pain point of the Indian gambling industry. Suppliers manipulate customers into buying poor-quality equipment and say there is no market for high- quality products.
There are many new casinos in India but they are not complying with wage guidelines set by The Payment of Gratuity Act, 1972 and The payment of Bonus Act of 1965. Indian employees do not receive the proper salary or gratuity once their organization has terminated them.
The most played video game in India is 'Counter-Strike: Global Offensive'. New players have started following Counter-strike tournaments due to its popularity.
The gaming industry is growing in India. New Delhi is emerging as a top destination for game development companies. Sony Ericsson has agreed to develop games based on mobile phones for Gameshastra. Gameshasta offers CD designing and production services. GameGurus developed the first Indian-developed animation-adventure game, 'Crisis in the Kremlin'.
What's the future of the Indian gambling industry? Gaming as a means of entertainment. There are many types of games categorized based on platforms, genres and such. Gamers can either play independently or team up with other gamers to explore new worlds.
The Indian gambling industry needs transparent yet flexible policies to accommodate the evolving needs of this industry. All stakeholders, including regulators, employees, operators, vendors and suppliers, need to work towards a better future for the industry and enhance Indian casino standards as per international norms.
