The Indian online gaming sector is growing at nearly 30% annually, making it the fastest growing segment within the media and entertainment sector. The industry also has over 400 million users. AIGF estimates the online gaming industry earns around $1bn annually and has the potential to create nearly 50,000 jobs by 2025. The industry has also got a boost from massive advertising campaigns fronted by major cricketers. Gambling is illegal in India. Some Indian states such as Odisha, Andhra Pradesh and Telangana have banned such games, citing mental health and addiction concerns. In others, such as Kerala and Karnataka, courts have overturned state bans. Is betting an investment ?
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