Horse racing betting turnover in India has seen significant growth in recent years, with local products and platforms catering to the domestic market. The legal framework allows for betting on horse racing through authorized turf clubs and online portals, which has contributed to the increasing turnover figures.
Indian betting platforms offer various products such as win bets, place bets, and forecast bets, tailored to local preferences. These platforms also provide mobile applications and vernacular language support to reach a wider audience across different states.
The turnover from horse racing betting in India is regulated by state governments, with a portion of the revenue allocated to horse breeding and welfare programs. This has helped sustain the industry while ensuring responsible gambling practices. |
