Company: BlueSea Gaming
Albert Climent is an entrepreneur and gaming consultant based in Asia, with a background in the European and Asian on-line gambling world.He has worked as a consultant to gaming operations, in both pre and post regulated markets, and is a well-respected old hand in international betting circles. Albert is a veteran of the Asian gaming scenario, having followed the development of the main markets in the region for the past 8 years.
Albert Climent is an entrepreneur and gaming consultant based in Asia, with a background in the European and Asian on-line gambling world.He has worked as a consultant to gaming operations, in both pre and post regulated markets, and is a well-respected old hand in international betting circles. Albert is a veteran of the Asian gaming […]
India’s Law Commission recognizes the government would raise substantial revenue from regulating the country’s $60 billion gambling industry, but its chairman says the legal body has not yet made up its mind on the issue. Justice Balbir Singh Chauhan was giving the opening remarks to a conference hosted by the All India Gaming Federation and the Federation of Indian Chambers of Commerce and Industry in New Delhi last week. The conference was attended by representatives from legal and gaming firms, as well as general business, and discussed a wide range of issues facing the sector in India.
The All India Gaming Federation recently conducted a one-day study and panel discussion throwing the spotlight on the tiny state of Sikkim, one of only three in the country where gambling is legal, with participants noting it could be a model for the rest of India to follow. The tiny Himalayan state has been leading the way in terms of gambling legalization, permitting sportsbetting, online betting and casinos.
Poker is booming in India, though regulatory uncertainty, a lack of infrastructure and high taxes, are keeping the market from achieving its full potential, experts say.According to Peter Abraham, the brain behind the India Poker Championship, one of the country’s premier poker tournaments, the poker business has seen “exponential growth” over the last five years. The IPC will be holding its main event in December this year and about 150 attendees are expected, more than double when the event started out in 2010 in the offshore casinos of Panjim, Goa.
While much has been made of the potential of China’s exploding outbound tourism market and its ability to shape the future of the world tourism map, much less attention has been focused on neighbouring giant India. The nation of 1.2 billion people shares a similar demographic, explosive middle class growth and a huge propensity to gamble.
After waiting for almost a decade, Sikkim, nestled in the mountainous far north of India, finally got an airport in October, which is likely to provide a boost to gambling operators in the remote state.