Because technology is always about what’s next, the dynamics of iGaming are forever changing. Once brimming with a humungous number of casinos clumped under the licences from a few gaming regulators, this market is now facing fierce competition.
Of the reputed regulators, the Malta Gaming Authority (MGA) has held significant repute in being a differentiator when it comes to the competitiveness among casinos. Its licence is what every operator dreams of acquiring. Those who hold it are revered in the industry.
It isn’t surprising that more and more European countries are on a spree to achieving this gaming licence. On the other hand, the Indian iGaming market is growing by leaps and bounds. In 2019, its worth was pegged at 62 billion INR, which is about €750 million. The numbers are likely to exceed 250 billion INR in the coming 10 years due to easy access to the internet and technological advancements occurring in the country.
Moreover, the Indian gambling market is heavily regulated when it comes to offline casinos. However, online gambling isn’t regulated as such. This is why MGA casinos are in demand, primarily for their safety and reliability.
The rules for the European market have drastically changed in the past few years. Because of the growing stringency, the operators are now venturing into new markets of which, India shows a great market potential and hence, an excellent business opportunity.
