{"id":1116842,"date":"2023-08-06T13:27:12","date_gmt":"2023-08-06T17:27:12","guid":{"rendered":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/uncategorized\/slot-games-increasingly-popular-does-this-show-market-maturity-taxscan-in\/"},"modified":"2023-08-06T13:27:12","modified_gmt":"2023-08-06T17:27:12","slug":"slot-games-increasingly-popular-does-this-show-market-maturity-taxscan-in","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/online-casino\/slot-games-increasingly-popular-does-this-show-market-maturity-taxscan-in\/","title":{"rendered":"Slot Games Increasingly Popular: Does This Show Market Maturity &#8211; taxscan.in"},"content":{"rendered":"<p><p>Nearly 9 Out of 10 Online Casino Games are Slots    <\/p>\n<p>    Slots are cited as a prime example of a booming online casino niche that sees the    most game titles produced every year, SevenJackpots Industry    Researcher Svilen Madjov writes in a recent primary big    data-based study dedicated to studying modern-day trends at    online casinos    in India.  <\/p>\n<p>    There are reported active player sessions in over 2300 slot    titles (out of 2640 total casino games). The astounding amount    of game supply corresponds to high player interest and growing    market competitiveness, Madjov adds, highlighting the whopping    almost 90% dominance of slot titles in casino game libraries.  <\/p>\n<p>    Eight out of the 18 leading games sorted by player count from a    sample of close to 2 lakh registered online casino players are    slot games.  <\/p>\n<p>    Slots are responsible for 29% of the gaming sessions registered    by a total of 28,000 casino gamers who played a game from the    Top 30 games by player count, according to SevenJackpots data.  <\/p>\n<p>    The share of slots grows to 35.7% of player sessions within the    Top 100 games group, and reel games come at par with the 35.8%    registered by the leading casino gaming category of roulette.  <\/p>\n<p>    Our casino experts point out that the success of these games    is not a coincidence. Online casino turnover is mostly directed    to games with the highest returns to player (RTP), something    roulette and slots are famous for, Industry Researcher Madjov    comments.  <\/p>\n<p>    The internal online casino traffic data shared by SevenJackpots    reveals that the Indian real money gaming market has    practically been reaching a point of saturation of diversified    product offerings typical of a mature i-gambling market.  <\/p>\n<p>    Another notable feature of Bharats current state of casino    gaming development is the growing convergence of tastes between    desi and global players, testified by the huge popularity    gained by slots and other European casino classics.  <\/p>\n<p>    This brings our experts to conclude that Western-style casino    games are slowly closing the gap in national popularity with    traditional game genres like Teen Patti, Svilen Madjov    confirms and points out to Google Trends data on searches for    selected casino games in India.  <\/p>\n<p>    Slots even had a huge spike in interest in mid-2021,    surpassing most other casino products in India for a month,    Madjov adds.  <\/p>\n<p>    Indias i-gaming market is famous for its fast growth and huge    expansion prospects, which inevitably cause market maturing    processes, and signs of this are already becoming apparent in    operator data analysis.  <\/p>\n<p>    Nevertheless, India is still lacking in some of the most    fundamental aspects that distinguish the mature digital    gambling markets of modern-day from the rest.  <\/p>\n<p>    These missing aspects are widely known as Responsible Gambling    (RG) and Anti-Money Laundering (AML), and are by essence    government-introduced and industry-backed regulatory policies    directed at protecting individuals and the public at large from    various risks that can be associated with gambling.  <\/p>\n<p>    Both RG and AML policies are now on the legislative and    regulatory agenda of the nation as the formation of Indias    first online gaming    SROs (Self-Regulatory Organizations) is well underway under    the framework of the recently amended IT Rules.  <\/p>\n<p>    It will take some time for detailed rules to be framed and    implemented by incorporated and operating SROs, and if the    whole process doesnt get delayed in litigation with States or    other stakeholders, we might soon see modern-day RG and AML    policies applied to certain    games of skill.  <\/p>\n<p>    These efforts will set standards based on global best practices    in i-gaming regulation that might eventually spread beyond    skill tournaments and internationally licensed casinos to all    real money gaming genres in the country including home-licensed    games of chance.  <\/p>\n<p>    And when the current high growth rates of the online gaming    industry start slowing down, we will have a truly mature online gaming market in India.  <\/p>\n<p>      Be the First to get the Best    <\/p>\n<p>      Join Our email list to get the latest Tax Updates , Special      Offers, Events delivered right to your Inbox    <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>See the original post:<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/www.taxscan.in\/slot-games-increasingly-popular-does-this-show-market-maturity\/305894\/\" title=\"Slot Games Increasingly Popular: Does This Show Market Maturity - taxscan.in\">Slot Games Increasingly Popular: Does This Show Market Maturity - taxscan.in<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Nearly 9 Out of 10 Online Casino Games are Slots Slots are cited as a prime example of a booming online casino niche that sees the most game titles produced every year, SevenJackpots Industry Researcher Svilen Madjov writes in a recent primary big data-based study dedicated to studying modern-day trends at online casinos in India. There are reported active player sessions in over 2300 slot titles (out of 2640 total casino games). The astounding amount of game supply corresponds to high player interest and growing market competitiveness, Madjov adds, highlighting the whopping almost 90% dominance of slot titles in casino game libraries.  <a href=\"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/online-casino\/slot-games-increasingly-popular-does-this-show-market-maturity-taxscan-in\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[345626],"tags":[],"class_list":["post-1116842","post","type-post","status-publish","format-standard","hentry","category-online-casino"],"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/1116842"}],"collection":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/comments?post=1116842"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/1116842\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/media?parent=1116842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/categories?post=1116842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/tags?post=1116842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}