The Kashmir Pulse

The Fairplay Club is an online gaming platform in India that offers a creative and engaging method to play casino games. It offers its consumers the finest gaming experience imaginable, whether they are at home or on the road.

The Fairplay Club in India provides a diverse range of casino games, including baccarat, roulette, blackjack, slots, and video poker, all of which have been meticulously crafted to give players the best possible experience.

The user interface is simple and straightforward, making it suitable for both new and veteran players. Fairplay Club's lobby is attractively designed and jam-packed with options ranging from conventional table games to jackpots, bonuses, and more. Players may also contact live chat support if they need help with gaming or any other difficulties that arise while playing.

Fairplay Club provides players with a variety of deposit methods, including bank transfers, Net Banking, UPI payments, and cryptocurrency deposits for those interested in digital currency gambling. Furthermore, players may withdraw their winnings at any moment using whatever payment method they desire.

Furthermore, the site employs top-tier security measures to secure gamers' personal information from hackers, as well as a multi-layer authentication system to keep users' accounts safe from hostile actors.

Fairplay Club has become one of the most popular online gaming platforms in India owing to its excellent customer service and interface design, which makes playing pleasurable for all players regardless of skill or experience level. Players may participate in tournaments and special events, as well as earn big awards for being active members of the community, making this site an appealing alternative for everyone who appreciates online gambling.

Registration Process

In India, registering on the Fairplay Club website is a simple and uncomplicated process:

1. To begin, go to the website's homepage and click on the "Sign Up" button in the upper right corner of the screen.
2. Following that, you will be sent to a registration form where you must provide your personal information such as your name, email address, phone number, and date of birth. In addition, you will be required to create a username and password for your account. Make sure your username is unique, and your password matches the appropriate security standards to protect yourself from any fraud or identity theft.
3. Once you've successfully input all of your information into the form, click the "Sign Up" button to finish your registration.
4. You will be requested to validate your account at this point by entering an authorization number that was issued to you through email or SMS message. Once authenticated, you will have full access to all Fairplay Club services in India.
5. It is recommended that users change their passwords and update their personal information on a regular basis to guarantee a secure online experience with Fairplay Club India.
6. Furthermore, while exchanging sensitive data on any online platform, including the Fairplay Club India website and its connected network, take extreme caution.

Live Casino

The Fairplay Club website in India provides its users with an amazing live casino experience. With a wide selection of live dealer games from the leading software providers, this online platform is ideal for Indian gamers who want to enjoy their favourite casino games while competing against actual dealers. All games are streamed straight from secure studios manned by skilled and pleasant croupiers.

Blackjack, Baccarat, Roulette, Three Card Poker, and other popular card and table games are available to players. Speed Baccarat, Double Ball Roulette, Dragon Tiger, and Casino Hold'em are also available in the live lobby. Progressive jackpot titles such as Mega Moolah and King Cashalot are also accessible for individuals who wish to try their luck at slots.

Fairplay Club uses cutting-edge encryption technology and strong security standards to ensure that every player enjoys a safe and secure gaming experience. For optimal security during deposits and withdrawals, all transactions are encrypted with 128-bit SSL technology. The site also adheres to responsible gambling practices to ensure that users have a pleasant gaming experience at all times.

Fairplay Club is one of the greatest online casinos in India, providing an immersive live casino experience with top-tier games from suppliers including as Evolution Gaming, Playtech, and Ezugi. Players can discover a broad variety of classic card and table games, as well as intriguing progressive jackpots where they may win large sums of money instantaneously!

Slots

The Fairplay Club website in India has a large selection of slots for online players to enjoy. To begin, they have conventional slots with three reels and one payline, as well as five reel video slots with up to 25 paylines. These games have thrilling bonus rounds, free spins, enlarged Wilds, and multipliers.

In addition to conventional and sophisticated video slots, the Fairplay Club offers progressive jackpot slots with prize pools totalling millions of Indian rupees. These games are based on well-known characters from movies and television shows and provide players with hours of fun while fighting for large cash rewards.

Other slot games accessible on the Fairplay Club website include sports-themed games, popular holidays like as Christmas and Halloween, and games inspired by traditional Indian festivals such as Diwali or Holi. All of these games have gorgeous graphics and music that capture the essence of their particular subjects while also delivering a fun gameplay experience.

The Fairplay Club also has a VIP lounge where members may get unique discounts and benefits that are not accessible anywhere else. VIP players get access to some excellent perks for being a part of this special group, ranging from personalized deposit bonuses to additional free spins upon deposits.

If you want a fascinating casino experience with a plethora of superb slot selections, go no further than the Fairplay Club website in India! With its diverse range of traditional, progressive, and themed slot games, you're sure to find something to your liking!

Promotional Program and Bonuses

Players in India may take advantage of a wide range of incentives and promotions on the Fairplay Club website. For new players, the site provides a Welcome Bonus, as well as recurring reload bonuses, cashback incentives, and loyalty benefits. Players who make their initial deposit qualify for a 100% match bonus of up to INR 10,000. They may also earn additional bonus dollars by introducing friends and family members to join the club.

The Fairplay Club also offers regular reload bonuses that may be utilized on any of the website's games. These bonuses often have wagering requirements that must be satisfied before players can withdraw any earnings generated by these incentives. There is also a cashback programme that allows players to collect additional monies each week based on their net losses when playing specific slots or other casino games.

The Fairplay Club features an exclusive loyalty programme called as 'VIP Points' to reward its loyal users. Every time a player plays a real-money wager at the casino, they will earn points that can be redeemed for free cash or other unique benefits such as bonus spins and exclusive discounts on select club services. Furthermore, all VIP members will be able to participate in exclusive campaigns.

The Fairplay Club attempts to give significant benefits and promotions to its users so that they may enjoy their time on the website even more. By taking advantage of these promotions, gamers not only receive more bang for their buck, but they also increase their chances of winning big!

How to Make Deposit on Fairplay Club website?

Indian players can make a deposit by following the instructions below:

1. Go to the Fairplay Club's website.
2. Register for an account by providing a valid email address and verifying it.
3. Sign in to your website account.
4. Select the "Deposit" option from the drop-down menu under "Banking" at the top of the page.
5. Choose a payment option for your deposit (for example, debit/credit card, net banking, or UPI).
6. Enter the amount you want to deposit and press the Next button.
7. Enter your payment details, such as card information if using a debit/credit card, or log in to your bank's website to authorize the transaction if using net banking.
8. When your transaction is finished, you will get a confirmation page indicating that you have successfully made your deposit. Within minutes, your cash should be reflected in your Fairplay Club account balance.

How to Place a Bet?

After you have made a deposit, you should place a bet. To do this, you need to use the steps below:

1. Go to the Fairplay Club website in India and sign in.
2. After logging in, go to the top of the screen and click on the 'Sports' option.
3. On the Sports page, choose a sport for which you want to place a bet, such as cricket or football.
4. Once you've chosen your sport, choose a forthcoming match from the list of available match-ups, along with odds and information about the teams participating against each other.
5. Click the 'Invest Now' option next to your chosen match and input the amount you want to invest in Indian rupees.
6. After entering the wager amount, click 'Place Bet' in the bottom right corner of the website and confirm your action by clicking 'Yes' when provided with a confirmation window pop-up message box asking if you want to proceed with your bet selection or not.
7. Once your bet is successfully placed, a new page will appear with information about your bet, including its overall odds, predicted wins amount, stake amount, and other data; all of these facts must be recorded down for future reference and/or monitoring reasons.

Support Service

The Fairplay Club in India provides exceptional customer care to all of its members. This is a multidimensional programme that offers complete help and advice on all aspects of betting, gaming, internet gambling, and other related activities.

The support staff is made up of highly qualified individuals who are accessible 24 hours a day, seven days a week to address any questions or problems clients may have. The crew is well-versed in the rules and regulations governing betting and online gaming in India, allowing them to deliver accurate information while also ensuring the security of consumers' personal information.

Furthermore, the Fairplay Club offers technical help for any problems consumers may encounter with the website or their device. Customers can contact this service by phone, email, chat, or other means. All enquiries are handled quickly, courteously, and professionally. They may also utilize a variety of tools to better learn how to use the website and its features, as well as tactics for making educated judgements while betting on various sports.

Furthermore, the Fairplay Club has developed solid relationships with respected third-party providers in order to provide clients with special offers on items such as bonuses, promotions, and rewards programmes. As a result, clients have a variety of alternatives for maximizing their gains when partaking in online gaming activities at the site.

All of these criteria reflect the value Fairplay Club takes on providing outstanding customer service to its Indian customers. It's no surprise that this site is still one of the most popular options for passionate betters in India today!

This post first appeared on The Kashmir Pulse

Entertainment has been a crucial part of human life for ages. Recreational activities provide work and life balance, which includes games, movies, shopping, etc. Playing games is vital as it promotes creative thinking and widens the horizon.

With the spur in technology and digitalization, the gaming scene has taken a one-eighty-degree turn. Online games are the new and growing craze in towns. It not only includes games for children but for people of all ages. Even casino games can be accessed and played online, and one can earn money simultaneously. For instance, playing rummy online allows people to play and make a little extra amount besides their routine pays. The rummy game has evolved from just being a source of entertainment to becoming a platform to hone skills such as concentration, calculations, and other cognitive skills.

Studies suggest that online games help them beat stress and also help to earn money, which acts as an attraction for players. Card games have seen a massive boom in the online gaming industry worldwide. Games like rummy, poker, and other card games require players to adapt and overcome strategies quickly. Skills, concentration, and decision-making ability are essential for players to survive and earn.

The online platforms are easy to use and have a user-friendly interface with round-the-clock customer care and support. The online applications and websites also make it convenient and accessible for players to play anytime and anywhere.

Besides these, there are many benefits of playing rummy online, and some of those are as follows:

Sharpens Cognitive Skills: Cognitive skills get enhanced while playing rummy as it demands concentration, skills, and quick decision-making ability to observe and make points to beat the opponent and earn money. These skills are essential to human life and are required in every phase of life. Thus, playing rummy will only improve them and make it easy for the individual in real life.

Earning Opportunity: The platform provides endless earning opportunities to its players. The platform offers multiple tournaments and games to experienced and new players. The new players are offered short tournaments to get an idea of the game and to gain experience playing with the already experienced players. This also opens the door to greater earnings.

Improves Social Circle: The platform not only allows fine gaming experience and opportunities to earn but also contributes to enhancing players' social circle. People can make new friends with a common interest and extend their social circle. It also allows them to socialize and take a break from their routine.

Transparency In Transactions: The best part of playing online rummy is that the online platforms maintain safety and transparency in money matters. This enhances the credibility and trust of players, which helps them to play with ease and earn without the fear of fraud.

Thus, playing online rummy is good for getting a break from routine. It enhances players' skill set and strategizing skills and allows them to earn as well. But one should play the game judiciously without entirely depending upon luck, use it only as a means of recreation, and not ignore routine and job priority for gaming.

This post first appeared on The Kashmir Pulse

Entertainment has been a crucial part of human life for ages. Recreational activities provide work and life balance, which includes games, movies, shopping, etc. Playing games is vital as it promotes creative thinking and widens the horizon.

With the spur in technology and digitalization, the gaming scene has taken a one-eighty-degree turn. Online games are the new and growing craze in towns. It not only includes games for children but for people of all ages. Even casino games can be accessed and played online, and one can earn money simultaneously. For instance, playing rummy online allows people to play and make a little extra amount besides their routine pays. The rummy game has evolved from just being a source of entertainment to becoming a platform to hone skills such as concentration, calculations, and other cognitive skills.

Studies suggest that online games help them beat stress and also help to earn money, which acts as an attraction for players. Card games have seen a massive boom in the online gaming industry worldwide. Games like rummy, poker, and other card games require players to adapt and overcome strategies quickly. Skills, concentration, and decision-making ability are essential for players to survive and earn.

The online platforms are easy to use and have a user-friendly interface with round-the-clock customer care and support. The online applications and websites also make it convenient and accessible for players to play anytime and anywhere.

Besides these, there are many benefits of playing rummy online, and some of those are as follows:

Sharpens Cognitive Skills: Cognitive skills get enhanced while playing rummy as it demands concentration, skills, and quick decision-making ability to observe and make points to beat the opponent and earn money. These skills are essential to human life and are required in every phase of life. Thus, playing rummy will only improve them and make it easy for the individual in real life.

Earning Opportunity: The platform provides endless earning opportunities to its players. The platform offers multiple tournaments and games to experienced and new players. The new players are offered short tournaments to get an idea of the game and to gain experience playing with the already experienced players. This also opens the door to greater earnings.

Improves Social Circle: The platform not only allows fine gaming experience and opportunities to earn but also contributes to enhancing players' social circle. People can make new friends with a common interest and extend their social circle. It also allows them to socialize and take a break from their routine.

Transparency In Transactions: The best part of playing online rummy is that the online platforms maintain safety and transparency in money matters. This enhances the credibility and trust of players, which helps them to play with ease and earn without the fear of fraud.

Thus, playing online rummy is good for getting a break from routine. It enhances players' skill set and strategizing skills and allows them to earn as well. But one should play the game judiciously without entirely depending upon luck, use it only as a means of recreation, and not ignore routine and job priority for gaming.

This post first appeared on The Kashmir Pulse

NEW DELHI — The gaming sector in India is expanding quickly and is quickly overtaking other global sectors. The industry's worth was $1.02 billion in 2020, and it is anticipated that it would reach at least $2 billion by 2023. By 2026, according to market analysts, it might reach $4.88 billion.

The incorporation of women participants is among the most fascinating aspects of the gaming industry's rapid growth. Even though there is some truth to the assumption that males are highly dominant in the gaming business, the growing involvement of women in the sector is promising.

With the expansion in mobile phones in the country, including Kashmir, has been widely attributed to the expansion of the gaming business. Nowadays, in India, cell phones are widely available and reasonably priced, making it simple for everyone, not just die-hard gamers to play games. This is one of the major reasons for not only e-gaming, but also i-gaming to increase their market in India with a never-ending online casino list up their sleeves.

The current findings found that women comprised well over 43% of Indian smartphone gaming. The study demonstrates that women of all ages like playing video games. This is encouraging since it shows that there are no longer any barriers to chances for women based on their age, location, or relationship status.

Women are propelling the expansion of the gaming business in a number of different ways in addition to the fact that they are avid players. This was emphasized during the Indian Gaming Conference the previous year, when industry analysts predicted that female participation had risen in the sector and would undoubtedly continue to expand.

Women are filling positions as gamers, business owners, programmers, marketers, and numerous other positions to support the industry's expansion. The vast diversity along with participation are currently at the center of the gaming industry worldwide. Gamers are making it easier for women to participate in the gaming world and to put and advance their abilities.

There are already a handful of female game designers working at well-known organizations, although there is certainly a long path ahead. To combat prejudices and ensure that women feel that they are included and acknowledged, several foreign and Indian gaming companies are creating video games that are women-centric. They are working on games with storylines that solely focus on women.

Women are actually given an opportunity to demonstrate their discoveries and carry out suggestions that might enhance the gaming business as a whole, rather than merely being engaged as inactive employees. In fact, apart from this, women have showcased their skills in many other areas of work in the industry like HR, marketing, communication and customer services. What really impresses the most is their involvement in innovations and further developments.

For instance, a lot of companies provide video games made just for women. Those games contain live casino variants with both male and female operators. In reality, it appears that they are currently incorporating a lot of female dealers in the live casino industry. Women are also currently getting involved in the gaming industry as instructors, passing on their expertise and game-specific tactics to other gamers. These are done via specific instructions on websites or movies on websites like Twitch or Youtube.

A significant number of them additionally broadcast live games on multiple media channels. Nowadays, women can be found in practically every aspect of the industry. It's wonderful to see how often new female gamers enter the field. By showcasing their unique abilities along with passion, they are treated with respect in every aspect of the market, by working as programmers, consumer support agents, or players. And it's anticipated that many more women will participate as the sector keeps growing.

This post first appeared on The Kashmir Pulse

Online gaming is becoming increasingly popular in India, as more and more people are getting access to high-speed internet connections. This has led to a rise in the number of online gamers in the country, as people of all ages are taking advantage of the opportunities that online gaming provides.

However, while the emergence of high-speed internet might be one of the most prominent factors, it should be known that it is not the only reason why the industry has been able to expand and surge throughout the populous country.

Indeed, in this blog post, we will take a closer look at the popularity of online gaming in India and explore some of the reasons why it is so popular!

High-speed internet

As highlighted, there are several factors that have contributed to the popularity of online gaming in India. However, one of the most important factors is the increasing availability of high-speed internet connections.

This has made it possible for more people to access online games and has also made it easier for people to play together online. Gamers are now able to access a range of games that they may want to play, including casino games available at Casumo, as well as some of the world’s biggest video game titles including MMORPGs (Massively Multiplayer Online Role-Playing Games).

The use of high-speed internet means players can experience better gameplay sessions than they were once able to enjoy, with the networks and connections that they are able to enjoy providing securer and more stable connections. Things such as lag have subsequently been reduced, thus making online gaming even more popular.

Growing number of mobile gamers

Another factor that has contributed to the popularity of online gaming in India is the growing number of mobile gamers.

With the increasing affordability of smartphones and tablets, more people can play games on their mobile devices. This has led to a growth in the number of mobile gamers in the country, as people are able to play games anywhere and anytime, they want.

As we know, there are over 1 billion people currently living in India at the moment, and the figures in regard to those who access mobile devices have continued to soar in recent years. According to recent findings, it was estimated that over 930 million were smartphone users in 2022, with it being predicted the number will climb at an increased pace for the next two decades.

Of course, these are just two key reasons why online gaming is huge in India, but are there other factors that can explain just why it is so popular?

Indians love playing games

So why exactly is online gaming so popular in India? There are several reasons that will help us to answer this question, with it being rather easy to understand each of them.

One of the most important reasons is that it provides people with a chance to socialize and interact with others. For many people, online gaming is a way to connect with friends and family members who live in different parts of the country. It also allows people to meet new friends from all over the world, and to compete against them in online games.

Another reason why online gaming is so popular in India is that it is a great way to relieve stress and anxiety. Many people use online gaming to escape from their everyday lives, and to relax and unwind; just like many others all over the world regularly continue to do so!

Final thoughts

To summarize, the online gaming industry is incredibly popular in India, and it is likely to continue to experience a huge amount of growth. The factors outlined are the easiest to identify, but there is no doubt that they each contribute, too!

This post first appeared on The Kashmir Pulse

Gamers have an admirable reputation. Whether you're exploring a fantasy world full of mystery or fighting for your life on the battlefield, online gaming offers one unique treasure: a healthy mind.

By solving puzzles, you are helping your brain stay sharp and have fun simultaneously. If you think that sounds boring, consider the benefits of playing games: Playing block puzzle games can help improve memory recall, decrease stress levels and ease sensory overload caused by narrow attention spans. This has a positive effect on other areas of your life as well! Block puzzle games take up your mental energy for hours without you even realizing it.

Watch blocks fall on your computer screen or device and place them in their correct places to solve puzzles as this requires immense hand-eye coordination and mental flexibility. Here are 10 quick tips to ace block puzzle games.

Target the horizontal and vertical lines

The objective of the block puzzle game is not to pile up as many bricks as possible. It's about creating a line by lining up vertical and horizontal blocks covering spaces on the game board. When you complete a line, you can gain points and free space on the board. This is what makes this game more challenging than others of its kind, which are typically about stacking the most bricks or matching shapes and colours.

Those things may get you some points, but in this block puzzle game, creating lines and eventually covering spaces on the board with either horizontally or vertically placed pieces will make your gameplay more interesting!

Plan beforehand

Unfortunately, some players are so engrossed and focused on clearing out rows and columns that they're not even aware of what's going on around them. Thankfully, a game does not last forever – no matter how long you might play or how quickly it seems to run. And when this happens, you may discover an abundance of blocks at the end of a row that just cannot fit in anywhere on the board, unfortunately causing the game to come to an early close. At the same time, this hodgepodge of sorts is used up and changes hands many times over.

We strongly urge you to avoid creating situations like these by controlling your moves carefully, correctly analyzing the fragments available, and trying to plan for possible future outcomes. If you want to stay in the running and playing until someone finally wins, we suggest that you employ this strategy to help yourself achieve success.

Don't stack blocks on the board

Be sure to place the blocks accordingly. It would help to think about what pieces suit your strategy before placing them onto the grid. You also have to have a good sense of timing and aim as you will be able to place your pieces faster than your opponent can, so don't worry if you slip up sometimes too!

Clear multiple columns

In a block puzzle game, you score points by clearing lines. However, large numbers of similarly coloured rows or columns aren't as immediately apparent to both yourself and your opponent as individual flying birds trapped in the same cage.

By targeting specific areas, you are not only scoring points quickly, but this will also distract (confuse) your foe, who may end up taking longer than necessary to select their next move or ultimately losing track altogether and making mistakes which you can then capitalize.

Avoid leaving single spaces and single unconnected blocks

Single blocks are rare, and in most cases, one must have at least two pieces on either side to make a line. If you can't seem to make a line, look closely at the sides of your screen to see whether or not there are any other ways you can place the block.

Steer clear of 3×3 square piece

It can be downright annoying when a seemingly impossible goal is set, and it interferes with the progress of your hard work. Make the necessary changes to remove this annoyance. One way to avoid 3X3 blocking is to consider creating space for the 3X3 square piece before you place any block and keep an eye out for it as you proceed with building in your block puzzle game.

Leave space for 3x3 squares

In block puzzle games, giant blocks appear a lot. It's not uncommon for some of them to start appearing earlier than their intended state in the free build. As you probably learned from previous games, if this happens, it results in your game being over. But you're more prepared this time! Rather than letting them ruin your build, remember that these are new blocks, and you should always leave space for them to fall in, like this 9-square hole.

Attack the corners

To beat the timer, you must ensure that your strategies are well thought out. A tried and true tactic is to place the blocks from the screen's corner instead of the middle. After filling in corners first, you're able to save time in later rounds because you won't be wasting time making trips across the board or grid. With this effective strategy, what should usually take multiple moves becomes an easy one - saving you precious seconds!

Focus more on creating lines than blocks

There are several ways to clear a line. You can clean it up with a single swipe, or you can take three turns in a row. Still, the most exciting and complex approaches involve lining up extraordinary formations of shapes like diagonals or diamonds.

Consider the order before moving

The game won't let you do anything new until you have at least three blocks on the board. And many games have ended prematurely because the player couldn't remember the importance of using some confusing shape that took up a lot of space in your design.

Final words

When you come across some of the best block puzzle games, you must use tactics and strategies to maximize your score. Practice is recommended, especially for new players before they go live. Make sure you get accustomed to the controls as well to ensure victory!

The better your strategic thinking is and the easier it is for you to understand what's going on, the higher your score will be - so keep pounding away and remember to pace yourself, there are even "speed" rounds where you can go hardcore or chill out for a while. Good luck!

This post first appeared on The Kashmir Pulse

NEW DELHI — The creation of a special animation, visual effects, gaming and comics (AVGC) task force, and the substantial focus given to digital infrastructure and investments are among the key features of the new Union budget for the upcoming Fiscal Year of 2022-2023.

The budget was presented by the Centre's Minister of Finance Nirmala Sitharaman in Parliament in February and immediately received high praises from various representatives of the country’s gaming industry.

The government’s recognition of the gaming sector as a major booster for the national economy and a significant job creator for the youth was welcomed by All India Gaming Federation (AIGF) CEO Roland Landers. “The ideas proposed for the sector are very encouraging. We are thrilled and look forward to the AVGC task force that will give a major boost to the game development sector by building scale and adding to the overall online skill gaming industry’s momentum,” Landers said.

World Esports Cup (WEC) Director Vishwalok Nath was enthusiastic about the push forward that the gaming and advertising industries will receive as a result of the Centre’s new budgetary strategy. “Esports/Video Games is a versatile industry and there is a huge scope for professional gamers as well as other jobs like casters, commentators, and other support staff appointed by the esports tournaments like producers, editors, analysts, product managers, game testers, referees, production crew members, event managers, social media managers, etc.,” Nath commented.

Witzeal Technologies Pvt Ltd CEO and Founder Ankur Singh applauded the government’s progressive steps and plans for the creation of the AVGC task force. “We see that the Government has also identified AI (Artificial Intelligence) as an area which would offer employment to youth, this would be a definitive component of the gaming industry. Moreover, the move to set up a task force to build internal capabilities to cater to domestic and international demands will help provide the much-needed push to gaming companies and developers,” Singh explained.

PlayerzPot CEO Sunil Yadav agreed that the new task force will play an essential role in the creation of young talent which is much needed by the country’s burgeoning gaming industry. Yadav also commented on the government's policy shift towards crypto, “With the government introducing a digital rupee and a visible trend in crypto adoption, NFTs will grow significantly.”

Progressive measures should go beyond recognition of Crypto

During her budget speech in Parliament, FM Nirmala Sitharaman announced plans for profits from the sale of Crypto assets and NFT (non-fungible tokens) to be levied by the Income Tax department at a rate of 30 percent.

The measure in effect is a recognition of Crypto, even though profits from the sale of virtual digital assets are not to be treated as capital gains, but the same way as income from lotteries, gambling, and betting. Nevertheless, this is a welcome progressive step by the government, but such steps should go beyond Crypto towards the recognition of India’s massive sports betting market.

Estimates on the existing size of sportsbooks in the country point at figures between $130 and $150 billion (roughly ₹10 to ₹11 lakh crore) with the active participation of 14 crores regular and a total of 37 crores occasional bettors. These figures include underground and offline betting, as well as wagering on online platforms that offer free cricket betting tips and putting money on other sports.

Estimates further show that recognition and regulation of sports betting in India can bring an excess of $40 billion (roughly ₹3 lakh crore) to the legitimate economy with the subsequent effects of increasing tax revenues that can be used for various welfare projects and problem gambling prevention programs.

Moreover, regulation can be used for the introduction of mandatory responsible gaming, as well as consumer and privacy protection mechanisms, which can significantly lower the social costs of the existing massive sports betting market.

A step in this direction was already made by a recent verdict of the Karnataka High Court which ruled that betting on cricket and other sports events is exempt from the definition of ‘gaming’ provided by the active Karnataka Police Act and therefore is legal.

This post first appeared on The Kashmir Pulse