close

Login or Signup

close

Login or Signup

29 Mar 2022

Globally there are millions of casino customers whether be it in a physical casino or online which is the current trend & India has not been left behind in this race, yet again boasting over 30 Million gamblers spread across the subcontinent entertaining themselves with thousands of online gambling websites both from India and offshore.

With a click of a button, they enter a casino table in Bulgaria or Mexico depending on the offer of these websites but few names echo for them irrespective of the choice of games, viz, Evolution, Ezugi, Netent and SSG gaming as these companies have built a certain trust among the average Indian skeptical gambler.

Evolution Gaming being the mammoth it is today with a SEK 220 Billion market cap raising its flag high in the European stock markets climbed at the top of the ladder and keeps maintaining its position for a relatively long time now.

ALSO READIllegal online casinos flood news websites with sponsored posts

The Hindi-speaking European casino tables spinning roulette wheels live from global studios doesn’t come with a surprise considering their inclination towards the Indian market. The company has a significant amount of revenue coming from so-called emerging markets which indeed is in millions of Euros but the caveat to this is they are losing another hundred of millions of Euros with the so-called, “Jugaad” practices of the local Indian illegal gambling websites which operate without any licenses, and have the least credibility among gamblers as they keep disappearing when and how they want.

These websites found a way of manipulating the currency conversion factor to lower the amount of revenue share they have to pay to companies like Evolution and stealing in millions from them, not forgetting the shady presence of these websites which are not ideal for any gambler to keep their recreational funds with them.

Generally, these online casino companies do a revenue share deal with the partners they work with in exchange for live casino feed and the certified software they provide for seamless entertainment across the globe.

Share this Article

Trending Articles

Read breaking stories and latest news on gaming from India and around the world.

Illegal Indian betting money used to sponsor Pakistan cricket

Gaming

Illegal Indian betting money used to sponsor Pakistan cricket

Team G2G
17 May 2022
How to Regulate Online Gaming Platforms in India

Gaming

How to Regulate Online Gaming Platforms in India

Shrinivas Nayak
16 May 2022
Meghalaya: Congress joins chorus against gaming law

Gaming

Meghalaya: Congress joins chorus against gaming law

Team G2G
16 May 2022
Nazara reports 273% growth in PAT for FY21-22, to foray into web 3.0 games

Gaming

Nazara reports 273% growth in PAT for FY21-22, to foray into web 3.0 games

Team G2G
15 May 2022
BCCI Awards Title Sponsorship of Women's T20 Challenge 2022 to My11Circle

Gaming

BCCI Awards Title Sponsorship of Women's T20 Challenge 2022 to My11Circle

Team G2G
15 May 2022
MP High Court to hear petition seeking action against celebrities for promoting online gaming

Gaming

MP High Court to hear petition seeking action against celebrities for promoting online gaming

Team G2G
15 May 2022

Latest Videos

Check out the latest news videos, interviews, explainer and many more covering wide range of gaming topics.

Show All Videos

All Gaming Articles

Get latest industry updates directly into your inbox.