EVENTUS-INTERNATIONAL PRESENTS THE BETTING AND GAMING INDUSTRY WITH RARE EARLY ENTRY INSIGHTS INTO THE INDIAN GAMBLING MARKET:


EVENTUS-INTERNATIONAL PRESENTS THE BETTING AND GAMING INDUSTRY WITH RARE EARLY ENTRY INSIGHTS INTO THE INDIAN GAMBLING MARKET:

The relaxation of government regulation is one of the primary drivers for market growth in the betting and gaming industries. The Indian government’s willingness to consider and clarify gambling legislation presents a rare opportunity to operators, suppliers, and investors in the industry to probe early entry opportunities into a market valued at $60-billion (both legal and illegal). 

Sport and gaming events in India are a great source of entertainment for the population, bringing with it even greater potential for investment. And with a population of well over a billion people, one of the world’s largest youth populations, higher disposable incomes, the constant introduction of new gaming genres, and the increasing number of smart phone and tablet users, the scene is set for India to become a leading market in the gambling and gaming sector. According to a report by the Economic Times, India will have a whopping 310-million online gamers by 2021.

But gambling in India is heavily restricted and decidedly unclear except for selective categories including lotteries and horse racing. India's illegal sports betting market is thriving and much of that gambling money is directed towards cricket. The Sports Betting & Gaming India Conference (SBGI), scheduled to take place on the 27th & 28th February 2018 at Goa Marriott Resort & Spa, India, will dive straight into the impact and opportunities that comes with clear and well-defined legalised gambling. Forward-thinking presentations will probe optimised gambling and gaming case examples, licensing opportunities, responsible gambling and the thorough protection of the population, actionable steps to achieve business, operating, and investment objectives, and the socio-economic and financial benefits of legalised gambling. 

Says Yudi Soetjiptadi, Managing Director at Eventus International, “It is not often that an early entry opportunity comes along for the highly competitive and increasingly saturated gambling and gaming market. India presents one of those rare opportunities, and we are confident SBGI will be received as a constructive initiative presenting an opportunity to both the Indian government and regulator and the gambling and gaming industry.” 

“Several of our clients also enjoyed success at last night’s prestigious awards, and it was lovely to join them in the celebrations in what was a night to remember,” he added.