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Indian online casino market holds huge potential

India’s online gambling industry holds a huge potential due to the upcoming middle class. The South Asian country produces more millionaires than the US and Europe jointly. Lorien Pilling, research director at Global Betting and Gaming Consultants (GBGC), stated: “Indian nationals have an inborn fascination with gambling.” However, the internet penetration and the number of mobile phones among a wide range of the Indians are crucial. There are 880 million mobile phones in India,

Asian casino industry due to outshine its US counterpart

The Global Gaming Outlook Report demonstrates that the Asian gambling industry is due to outshine its US counterpart. The strong economic growth in Asia drives the region’s casino industry, while gambling continues to gain popularity in Asia. Singapore and Macau have become leading gambling hubs. Other countries in the region benefit from the rising popularity of those gambling destinations. For that reason, those neighboring countries have seen their gambling revenues rise in the last

Marina Bay Sands takes debt-laden whales to court

Five high-rollers have been sued by Marina Bay Sands (MBS). The Singapore-based casino resort has filed the case in order to recover $5.79 million US Dollars. It’s the largest group of casino whales that the casino operator has sued since it went open for business in 2010. Media report that the group of debt-laden high-rollers includes: Takami Shinichi from Japan ($1.54 million) Zhang Dechun from China ($1.5 million) Malaysian Chock Kok Sui

Illegal wagering ring crippled in Karnal

District police have raided a wagering ring in the Indian city of Karnal. Officials decided to raid a building in sector 4, from which the suspects ran the illegal betting activities. Police detained a father and his son, who operated the betting ring in cooperation with several other suspects. A team of officials seized 40 cell phones, a TV and several other items at the Karnal-based house.

ICC cooperates with black-market bookmakers

Some illegal Indian bookmakers are providing information to the ICC’s anti-corruption division. In order to take on gambling-connected corruption in cricket, the International Cricket Council cooperates with a number of black-market Indian bookies. Sports wagering is forbidden in India. However, most suspicious betting on cricket originates from India. This has resulted in an extensive and prosperous gambling market. Due to the lack of

Sophisticated casino raided in Bangalore

Central crime branch (CCB) officials are used to illegal casinos in sinister places. Recently, the CCB police found a rather remarkable gambling parlor in Indiranagar, Bangalore. Upper-class Indians were playing card games, while waiters were serving them liquors at the time of the raid. The luxurious casino was based in KN Suresh’s house. Besides the surprising location, the sophistication was amazing. Card players only paid 2 lakh, while KN Suresh had bribed a police agent who informed