The Government of India recently initiated a decisive move by banning 138 betting apps, a widespread practice that had become a significant concern in the country. This bold action has not only eliminated the prevalent illegal betting operations but has also opened up new opportunities for legitimate businesses.
Banned Betting Apps | Number of Users |
---|---|
Bet365 | 20 Million |
1xBet | 15 Million |
22Bet | 10 Million |
Betway | 5 Million |
Legitimate Betting Platforms | Number of Users |
---|---|
Dream11 | 100 Million |
MyTeam11 | 50 Million |
MPL | 25 Million |
Understanding the Market
The Indian gaming and betting industry is poised for exponential growth, with an estimated market size of $2.6 billion in 2023. The ban on 138 betting apps has created a void in the market, presenting a unique opportunity for businesses to expand their reach and tap into the vast potential.
Strategies for Success
Common Pitfalls to Avoid
Success Stories
FAQs
Yes, you can still wager on licensed and regulated platforms approved by the Indian government.
Safety, reliability, transparency, and chances of winning legitimate prizes.
Look for apps that are not licensed or regulated by the Indian government. These apps may also be associated with fraudulent or illegal activities.
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