Why Should Online Casinos Be Legal in India? | Fusion - WeRIndia

Why Should Online Casinos Be Legal in India?

Why Should Online Casinos Be Legal in India?

Online casinos are becoming market leaders in the global gambling industry very fast. They first started gaining publicity in 2015 and since then, millions of people around the world log in daily to enjoy some of the best and top-rated gambling games. Malta was among the first countries to legalize this type of gambling, which is why the country makes millions of dollars off of it.

Unfortunately, many countries around the world are still considering this activity to be illegal. India is among them. We all know that India has strict rules when it comes to gambling. After all, casinos are allowed to operate in just 3 provinces. So, we wanted to dive into this topic a bit deeper and explain why online casinos should be legal in India.

People Already Play at Sites like 1xBet

The first and most obvious reason is that people already play these games at casino sites. While the law forbids any online casino to be based in India, that doesn’t mean that offshore companies are not allowed to offer their services to the mainland. There are many top-rated online casinos like 1xBet where players can enjoy the latest slot games, card games, table games etc. This 1xBet Casino review proves just how good the site operates.

By using VPNs, Indian players can hide their true location and make it look like they are logging in from a different country. By doing that, they gain easy access to casino sites and all of its games.

It Boosts The Economy

People are more than willing to access casino sites, even though they are illegal. That means that every dollar that is won on the games, will not be subject to tax and it will be hard to trace. By legalizing online casinos, the government can keep track of the winnings and create a more accurate financial report on its citizens.

On the other hand, online casinos employ thousands of people and pay millions of dollars in taxes. If the government decides to make them legal, that money will end up back to the people and it will be a big boost for the economy. Image: https://prnt.sc/s7y7ff

Lets India be the Market Leader

We mentioned earlier that Malta was one of the first countries to legalize online gambling. That’s the reason why many online casinos are HQs in that country with many people moving there to work. If India decides to legalize online gambling, chances are that the country will become the market leader in this section.

Right now, India is one of the most sought out markets because a large number of the population are more than happy to play online casino games. Imagine the benefits of attracting hundreds of companies to have their HQ in India. It will be much easier to serve the citizens and the economic benefits will further increase. To make things even better, it is likely that some of India’s most popular games like Andar Bahar will be featured at more sites and expand the Indian cultural appropriation around the world. Image: https://prnt.sc/s7y83z

Lets India be the Market Leader

Lets India be the Market Leader

The Numbers Speak for Themselves

In 2019, online casinos had global annual revenue of over $60 billion. Researchers believe that the number is more than likely to double in the next 2 years. They also believe that by 2023, online casinos will become the most profitable business in the overall global gambling industry. These numbers do not lie and if India wants to enrich its economy, then legalizing them would be the only logical solution.

Remember, the pros of the online gambling industry outweigh the cons by a margin

First Image:- Image by Aidan Howe from Pixabay (Free for commercial use)

Image Reference: https://pixabay.com/photos/dice-chips-online-gambling-5012425/
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