Searches for real money slots and card games in India are at an all-time high. The industry is projected to grow exponentially in the next five years. Offshore operators are among the best online casino sites in India now that most states in the country don’t regulate the industry.
Offshore casinos have licenses in jurisdictions like Malta and the UK. They’re safe and licensed. But they’re not all the same. If you’re looking for a reliable casino site in India, keep up with trends.
Not so long ago (2015), almost every casino player wanted a casino with a native app. Now, no one pays too much attention to casino apps. All people care about is that their favorite casino works on mobile devices smoothly.
What lies ahead for online casinos in India this year?
Crypto Casinos and Blockchain Slots
Crypto investors are hoping for a bullish season in 2024. For the 10M+ Indians who own Bitcoin and other cryptocurrencies, 2024 might turn out to be a profitable year.
If you also play casino games in India, you should expect more online casinos that accept Bitcoin and Ethereum for payments. The explanation is that more people are buying Bitcoin now. And they’re willing to use it as a means of payment.
The casino industry understands crypto well enough to know that it can also use Blockchain technology to create better games. To expound further, developers are creating 100% fair casino games using Blockchain technology.
Anyone can verify the fairness of a slot machine. You don’t need to have doubts about whether a slot has a 95% RTP. You can check its algorithm to confirm everything you need to know.
The online casino industry could benefit from more provably fair slots. Presently, you can’t prove the fairness of most games. You have to believe a slot is fair when playing it. With blockchain technology, you don’t need to trust anyone. The system gives you all the proof you need.
VR and AR Games
Unless you live under a rock, you must have come across a pair of VR headsets. All the big companies, from Meta and Apple, are selling these devices to tech-savvy video game and TV content consumers.
Many VR and AR headsets are pricey and set you back $200 or more. This doesn’t include the cost of buying a computer, smartphone, or TV that can support the technology. Due to that, VR and AR are not as popular as they should be in the casino industry.
But that could change soon. In the last couple of years, manufacturers creating VR gadgets have lowered their prices dramatically. This has increased the number of devices in the market, leading to a higher demand for VR content.
Online casinos are doing their bit to provide VR content to Indian players. They’re creating VR slots and table games that don’t cost much to play. VR games immerse you into a magical virtual world in which you can interact with the characters and concepts of a game.
AR augments your reality to reflect places you love. For example, you could play a slot machine with the Cosmopolitan Casino as your background.
Real-Time Payments
Throughout 2023, online casinos emphasized their ability to process payouts fast. On the other hand, there was a rise in the number of payment companies providing real-time transactions.
In 2024, talks about casino payments will continue to dominate. Demand for fast casinos will increase. And so, will the need for payment companies with fast and reliable transactions.
So far, mobile wallets, cards, and cryptocurrencies offer the fastest transactions. The best part is that these payment companies have flexible limits. You can deposit as low as $10 at most online casinos.
While many payment methods offer low deposit limits, not every wallet is ideal for withdrawals. If you win more than $10,000, crypto and wire transfers are your best choices.
Against that backdrop, find online casinos that support fast payments. Ensure you can use your favorite payment method for both deposits and withdrawals.
Increased Pressure on States to Legalize Online Casinos
Ten years ago, most states in the US were against legalizing online gambling. Now, 35 of them permit sports betting. Seven of these jurisdictions also allow online casinos.
In India, only three of the 28 states permit online gambling. But that could change in 2024. The explanation is that online casinos are growing popular throughout the country. Most of the money is going to foreign countries, money states could use on education, healthcare, and infrastructure.
As iGaming expands in India, states will feel the pressure to legalize online casinos. Considering some states—Goa, Sikkim, and Daman—already support the sector, it will be easier for other jurisdictions to join the trend.
A legal gambling atmosphere throughout India could boost online casinos’ growth tremendously. Not only will more people become players but also the sector’s revenues will skyrocket.
Advanced Live Casinos
In the past five years, casinos that wanted to stand out from the competition needed to have a live dealer section. Live casinos allow you to play table games like poker with your friends instead of computer bots.
You can interact with your fellow players through web cameras and speakers. Playing casino games with real humans is more interactive and fun. However, not every operator has a full-fledged live dealer casino.
In 2024, online casinos in India will invest more in live casino technology. Operators will increase the number of games they provide. We could see VR poker and VR blackjack at an increased number of casinos.
Another trend might be live dealer casinos that don’t offer slots. It has happened in the past. When poker became popular, some companies emerged that offered poker only. Live dealers are popular enough to warrant fully-fledged live casinos.
Looking Ahead
India is an emerging online casino market. As a populous nation with a thriving middle class, it is perfect for online casinos looking to expand. Demand for iGaming in India will continue to grow in the past five years.
But casinos need to be aware that the industry is evolving. Operators that want to thrive must keep up with trends in the casino scene.
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