Careers in Online Gambling: Market, Legality in India, Jobs and Impact of Big Data & AI
Gambling has always been a topic of debates. Although a lot of people don’t see it in the positive light, the fact remains that gambling exists and it is here to stay. And online is where the future of gambling is. India has also witnessed a steep rise in online gambling markets in the past few years. Of late, India is becoming a great market for online gaming. In this post, we will look at the careers in the online gambling industry with a focus on legality in India, top careers & jobs, and the impact of big data & AI on online gambling.
Online Gambling Market
The internet has brought the world together in a way that other inventions never could. It gave us instant access to information, money making, entertainment and much more.
Just like it changed us, it has also changed almost every industry, small business owners now have a voice of their own and industries we never thought could exist are yielding more money than the traditional ones.
One such industry is the online gambling; just a decade ago, people hardly knew about it or acknowledged its potential but, thanks to the exploded adoption of the Internet, online gambling has turned into a business worth billions of dollars.
Online gambling has turned into a multi-billion dollar industry today. In 2015, the online gaming industry had a volume of $37.91 billion, $40 billion in 2016, and this figure was forecasted to increase to 59.79 billion U.S. dollars in 2020.
Asia is the largest gambling market right now. But this fact is for the brick and mortar institutions. Are there some tendencies for the growth of the online gambling market or not, is still a subject to discussion. Online gambling not only requires a nation’s ability to be high technology— smartphones and tablets, it also requires new rules and regulations.
Forms of Live Gambling
Live gambling in India is fairly popular and includes activities like lotteries, horse racing, betting, various casino games, etc. The legality of these games in India varies from state to state and proper framework is put in every state with regards to operations in these businesses. Live gambling businesses also provide lucrative career opportunities for people with inclination towards the industry. However, in this post, we will focus on careers in the online gambling space.
Forms of Online Gambling
Some of the popular forms of online gambling are:
- Virtual Sports (Golf, Cricket, Soccer, Pool, etc.)
- Fantasy League Games (e.g. Dream11, HalaPlay, etc.)
Legality of Online Gambling in India
Gambling – which today means to wager money in games or sports by predicting the results of events. Gambling is indeed risky, uncertain and, hence, considered to be unethical. More than your skills, winning or earning money depends on your luck (or chance). But, as mentioned earlier, gambling is a reality and so does the jobs in the industry.
For the record, gambling is illegal in India. India’s gaming laws are governed by the Public Gambling Act, 1867, in which, any agreement based on a wager (or chance) is termed as void. Allowing betting or gambling will entail amending the provisions of the Act. But large-scale illegal betting continues regardless, in the process, depriving the State of revenue-earning opportunities. A good option could be to legalize, regulate and tax the resultant income. This might help curb illegal syndicates.
Both traditional and online gaming are heavily regulated in India, with excess laws specific to each state in the country. Only states in India are entitled to formulate laws for gambling activities within their respective states. The Public Gambling Act of 1867 is a central law that prohibits running or being in charge of a public gambling house.
Online gambling is in its infancy in India, but Sikkim planned to offer three online gambling licenses in 2010. At present, Nagaland and Sikkim allow persons (or businesses) to offer online gambling services.
Present Scenario of Legitimacy of Online Gambling in India
In 2016, while examining the Justice RM Lodha panel’s recommendations on legalizing betting in sport, triggered by allegations of match-fixing in the Indian Premier League, the Supreme Court had mandated the Law Commission to examine the subject.
Back in July 2018, The Law Commission of India recommended turning match-fixing and sports fraud into criminal offenses while allowing gambling and cricket-related betting as a regulated activity under the direct and indirect tax regimes. It did make sense as it’s not possible to completely prevent these activities, and “effective regulation” seemed to be the only viable option. The commission recommended that various “skill-centric games” be exempted from anti-gambling laws on the lines of horse racing.
“With the advent of online gambling and the anonymity it ensures, gambling and betting activities have acquired a global presence. It has, therefore, become more challenging for countries to monitor or curb these activities,” says the report by the Indian Law Commission
Apart from revenue, legalizing and regulating the gambling sector could also help generate valuable employment. The regulated gambling industry in the United Kingdom, for instance, hires more than 100,000 people. Japan, which has the largest national betting market in the world, allows betting on horse racing, cycling, motorbike racing, and boat racing. In India, too, central and state governments can earn millions of rupees in revenue from taxes on gambling.
It’s not unreasonable to expect that, in the coming years, the gambling legislation in India will be updated and amended in order to provide a clearer idea of what’s illegal and what’s not. As of now, if you want to get into the space of online gambling, do research about the employer very carefully.
With a flourishing economy, a growing, tech-savvy middle class, and a rapidly expanding internet network, gambling – and online gambling especially – is booming in India. It’s a USD $5 billion dollar industry.
Dream11 has been the talk of IPL 2019. The online fantasy gaming product, endorsed by the former Indian captain Mahendra Singh Dhoni, has been accepted by both the BCCI and International Cricket Council and no law seems to be questioning its credibility.
Related Post: Top 10 Gaming Careers and How to Get There
At present, there are no such laws present in India which makes online betting illegal and punishable. So, I personally think, that online gambling will become mainstream sooner than later. As of now, it’s kind of in the grey area like the usage of bitcoins and other cryptocurrencies in India. However, online gambling is legal in the UK, Ireland, France, and a few other countries.
Top Careers in the Online Gaming Industry
The fact is – desktop and laptop sales are going down, while more and more people are buying tablets and smartphones. It’s the latter that is driving the online gambling industry. What more, people are even able to play online games using cryptocurrency from their phones these days! So long as smartphones continue to evolve and offer the next big thing, online gambling will also remain a growing segment.
Let’s tell you about what all options you can look at to make a career in the online gambling industry of today.
Coders are responsible for the creation, modification, testing, and implementation of codes that make computer applications possible. As a coder, you will need to analyze and implement different ideas depending upon the end user’s needs. That will make you a kind of soft scientist too. As the majority of online gambling is app-based these days, and mobile platforms are not so simple in themselves as well, coders are in great demand today. Here’s an insight into what a coder’s job would be like 20 to 30 years from now!
Security specialists are essentially information security experts or analysts whose primary job is to constantly monitor the gambling websites and networks, in order to locate potential security breaches and threats. Big online gambling portals hire such people for:
- Implementation of their security standards Installation and maintenance of their security systems and for
- Maintaining a knowledge base of their network, software, and operations
Customer Service Executives
As you might have already guessed, customer service executives are responsible for answering live chat messages, emails and telephone calls made by customers to poker rooms, online bookmakers and online casinos. These executives might also be responsible for handling financial transactions or carry out tasks related to marketing or sales for these platforms. Not just that, they might be tasked with other menial jobs requiring little more skills than just phone manners, computer operation, and a good voice.
Graphic designers are responsible for the visual aspect of online gambling applications and websites. Gambling on the Internet or via an app is mostly about the visual experience and hence graphic designers play a very important role in the success of these businesses. Please note, as a designer you might be responsible for much more than just the GUI (Graphical User Interface). There are many websites that have proprietary games and customized features which are work of none other than the graphic designers.
A live dealer working for an online gambling platform does the job of a conventional casino dealer, except for the fact that he/she is working from a remote location through a webcam. Live dealer games are a special segment of online gambling portals which have become quite a rage in recent times. As a live dealer, you should know how to run a game just like you would in a brick and mortar casino, and should also have some social skills to strike a good relationship with the players.
Data Scientists, ML & AI Specialists
Yes, the online gambling space has got tremendous career opportunities for big data and artificial intelligence experts. In order to understand that in more details, let’s move on to the next section.
Role of Big Data and AI in the Online Gaming Industry
The online gambling industry is more likely to succeed and grow if the industry keeps a track on what clients want. So, in order to optimize the market and its performance, online gambling companies are also trying to make use of data.
They collect player data and analyze it and use it to help developers learn more about their users and ensure the products they provide meet their needs – personalized gaming experiences, ads, special offers, etc.
From beating chess master Garry Kasparov to destroying 18-time world Go champion Lee Sedol, AI has demonstrated its capabilities time and again.
One of the best examples is Libratus, an AI computer program designed to play poker. In 2017, Libratus was pitted in a tournament against four top-class human poker players and it won thousands of hands over top-rated poker players. One of the players, Dong Kim was surprised by AI’s performance, “I felt like I was playing against someone who was cheating like it could see my cards. I’m not accusing it of cheating. It was just that good.”
Libratus is not the only machine that is doing wonders in online gambling, there are other machines that are also on the race, and it is definitely going to shape the future of online gambling.
There are people who might be thinking that if this kind of advancements continues to grow, people might get into gambling addiction, and that is not completely false. Therefore, playing and building gambling platforms are not the only things that AI has worked on, it also helps people fight gambling addiction.
Original Source of Featured Image: Dazeinfo.com
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Author: Tanmoy Ray
I am a Career Adviser & MS Admission Consultant. Additionally, I also manage online marketing at Stoodnt. I did my Masters from the UK (Aston University) and have worked at the University of Oxford (UK), Utrecht University (Netherlands), University of New South Wales (Australia) and MeetUniversity (India).
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