With the Indian government tightening regulations around online gaming and betting, many local platforms face stricter rules. However, offshore betting sites and crypto casinos are becoming popular among Indian players. Do you think these platforms are filling a gap, or are they adding more legal and financial risks for users?
A business gap cannot remain void it will always be filled. Since gamblers will always seek alternative means to enjoy betting activities, the restrictions by the Indian government will make room for unregistered casinos to fill the gap created by registered casinos. If the market is there, a business will always seek for means to satisfy customers. Don't be amazed that most of these casinos in India will restructure their operations by maybe changing names and getting these offshore licences so that they can still offer betting services to Indians.
Is gambling so popular in India that it bothers the government?
In Brazil, gambling was generating so much money that the government acted quickly to tax and collect taxes from gambling companies, but there is still a large gray area, and this is not an impediment to gambling and choosing your favorite gambling company
It is becoming popular among some governments to restrict gambling activities with the claim that they are fighting gambling addiction. Meanwhile, they forget that most gamblers in developing nations see gambling as a source of revenue because of poverty. The government should focus on reducing unemployment and poverty, and addiction will decrease dramatically.