As Pressure to Legalize Gambling Grows, Cubeia Plans New Poker Network in India As Pressure to Legalize Gambling Grows, Cubeia Plans New Poker Network in India
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.