Ken Research’s “Consumer Behaviour Analysis for Online Gambling Industry in India” reveals interesting insights into how Indian players navigate the online casino scene. While 33% of adults partake in online gambling, many face security concerns like data theft and unauthorized payments. This highlights the importance of using real money casinos listed at Bestindiancasinos.co.in, known for their safety and transparency.
Key findings of the survey:
● 33% of adult Indians engage in online gambling at least a couple of times a year.
● The most popular genre of online gambling is sports betting (64.7%).
● 25% of active gamblers have faced security challenges.
● 50% of participants are somewhat familiar with Indian gambling laws.
● Younger players are more critical of casino deals and understand the risks of online gambling better.
● The most common reasons for gambling are personal motivations, cultural influences, and the chase after risk and reward.
Challenges for online gamblers in India:
The survey also found that there are a number of challenges facing online gamblers in India. These include:
● Security concerns: 25% of active gamblers have faced security challenges, such as data theft and unauthorized payments.
● Complex regulations: Gambling laws in India are complex and vary from state to state, which can make it difficult for players to know what is legal and safe.
● Lack of awareness: Many players are not aware of the risks associated with online gambling, such as addiction and financial problems.
The future of online gambling in India:
Despite the challenges, the online gambling industry in India is expected to continue to grow. This is due to a number of factors, including:
● The growing disposable income of young Indians.
● The increasing interest in sports betting.
However, the future of the industry will depend on how well the challenges of security, regulation, and awareness are addressed.
Here are some additional insights from the survey:
● Younger players are more likely to be critical of casino deals and understand the risks of online gambling.
● The most common reasons for gambling are personal motivations, cultural influences, and the chase after risk and reward.
● Sports betting is the most popular genre of online gambling in India, followed by card casino games and slots