Betting And Wagering On Online Games Operated From India Is Safest Option For Gamers

By Author: lotusbook247.info
Total Articles: 51
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There are close to 600 million gamers in the country according to the latest estimates. Out of these gamers 25 percent are paid and subscribed gamers. Real money gaming is a US $2 billion industry and growing. Professional and big ticket players are still coming on real money games platforms like lotusbook247 games, but there has been some losses for the smaller gamers who could not afford the higher taxes on the games.

Companies are not disclosing the exact burden they are facing due to higher goods and services taxes. But there has been some financial difficulties for smaller online gaming companies. Next few months will reveal the exact picture of the financial health of gaming companies, especially of smaller players without adequate financial resources.

The bigger companies are adapting and creating a pathway for strategic transformation not just for survival, but for future prosperity. The only silver lining is that gaming is becoming increasingly popular in the country. Gamers are coming not only from big cities, but also from tier 2, tier 3 cities and towns.

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... real money gaming companies have a large consumer base with some high ticker players. They continue to see an influx of gamers on lotusbook247 games for real money games and fantasy sports. During the cricket world cup that was played in the country last year, fantasy sports involving cricket were the highest grosser in fantasy sports segment of real money games.

Gamers with interest and knowledge in cricket were not only coming for betting , but also creating their own fantasy virtual teams with lotus book 247 online ID to take advantage of data on all players. Gamers should know that betting on certified real money gaming companies is within the legal framework of the country.

Though, a gamer only has to provide age proof documents to real money gaming platforms, for obtaining id the players remain online for considerable time. The unsafe platforms that are not within the country hack the data of such gamers. They also do not adhere to any responsible gaming practice, which is necessary for mental and emotional well being of gamers.

There are no fraud preventive measures that these foreign gaming companies incorporate. Their platforms lack consumer protection measures. And they also do not pay taxes to the government of India.

The Government of India should take steps to make betting on foreign online real money games platforms difficult for gamers from India. If gaming becomes costly for average gamers in the country, they will migrate to online gaming platforms operating from foreign lands.

This will not only cause a decline in taxes to the government, but will also affect the financial and mental health of gamers in India. Their online presence will be an invitation to hackers, since gamers also will create online accounts for depositing betting amounts.

The companies that are generate lotus book 247 online ID or any other id within India are adhering to all rules and regulations designed for online gaming companies. These companies also practice responsible gaming and protect the data of gamers.

Lotusbook247.info is a genuine and legal betting platform conforming to all regulations of the land. The site offers betting on cricket, football, tennis players and teams plus live casino action. The players just need to login with WhatsApp number and get an id from the lotusbook247.info. This id enables the player to bet with real money on favourite sports and games.