High taxes pushing people to illegal online gambling as it looks at 30% growth: CSK study
The illegal betting market in India receives an estimated $100 billion annually in deposits, despite regulations by the government. The illegal betting market grew by 7% CAGR from 2012 to 2018, and is set to grow by 30% this year India currently hosts around 1,330 homegrown gaming startups generating revenue of $2.8 billion, which is…