Key Takeaways
- Swedish developer Cubeia plans to launch an online poker network in India by the end of the year.
- The HTML5 software has been designed to run on a variety of platforms and will also integrate with payment processors.
- Gambling regulation comes from an 1867 law which industry is lobbying to reform.
- KPMG estimates potential gambling revenues of $60 billion per annum if the market is liberalized.
The day after a conference on reforming gambling laws organized by the Federation of Indian Chambers of Commerce and Industry (FICCI), Swedish company Cubeia announced a new real money poker network in India.
