Technology bolstering the Indian iGaming industry

The pandemic inspired us to make a paradigm shift from the physical on-desk world to online presence and virtual model of business.

- Dmitry Belianin

This is further resulting in being a harbinger of change for the iGaming industry, as people are getting accustomed to the new normal and matching pace with the revolutionary refashioning of the industry. One of the factors that has played an integral role in the ascension of the iGaming world is technology.

It is observed that over 40% of the internet users who are a part of this industry are Indians, thus making the sector technologically sound and internationally connected across the maps even more important. Technology is helping India to stay relevant overseas and be globally competitive in the iGaming sector. The industry, owing to the technological disruption and advancements, is being a witness to an upward spiral of profitability that is further anticipated to outgrow the United Kingdom in the number of players per capita. With the burgeoning enthusiasm for sports and the reach of the internet expanding over time, technology is expected to elevate the status of iGaming to a new level from its former state of $1.1 billion in 2019 to (as per speculations) $3 billion in the coming times.

The Indian iGaming sector has been expanding its footprint and intensifying its presence across verticals as it supports the economy of the country. With technology evolving by the day and the diversity of patrons increasing, the market is aligning with the new-age requirements of the players and by using technological advancements as its tool to success. From online sports and games including cricket, casino and poker, the industry has risen its own stature by making its virtual platforms more user-friendly and tech-friendly as per the millennials' needs.