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SPiCE India 2024: Main Focuses, Dates and Other Details

SPiCE India 2024: Main Focuses, Dates and Other Details

05/12/2023
The Eventus International exhibition organiser has shared details about SPiCE India’s 5th edition. The conference will be held on February 27–29 at Goa’s Marriott Resort.

SPiCE India 2024: significant details

The occasion’s most anticipated topics include legal changes and new gambling prospects in the country. A lot of the entertainment industry’s big names plan to attend the expo.

About the Business Event

The exhibition is set to gather the most brilliant minds in the amusement segment under one roof. iGaming and related topics promise to be among the frequent ones.

The meeting’s 2024 edition will present the following opportunities:

  • learning crucial insights from industry specialists;
  • showcasing and exploring the finest market offerings;
  • participating in valuable interactions with C-level delegates.

The topics for discussion panels are versatile, from general trends, investments and regulation to more specific affiliate promotion, UX/UI design, data analytics and payments. The 3-day event also offers some highlights, including an award ceremony, an afterparty and a poker tournament.

SPiCE is an international occasion. In 2024, it will be organised and performed in different countries of the planet.

This list includes the following states:

  • Dubai;
  • Sri Lanka;
  • the Philippines.

India’s conference has all the chances to positively impact the local gaming industry’s growth. The attendees will benefit a lot from participating in the expo.

Gambling in India: Current State

Gambling business in India: current state

One of the developing trends within the country is mobile entertainment. Smartphones are becoming more accessible to residents so they enjoy iGaming on portable devices more often. A younger generation who prefers to use modern digital technologies frequently declines offerings with physical amusement attributes. This is especially true when it comes to skill-based content.

Payments via specialised services are also popular. This fact ensures the sustainability and development of the segment. Operators and software providers can benefit a lot from in-game sales. Meanwhile, micro-transactions are also gaining momentum, changing monetisation principles and influencing the UX of entertainment content.

According to Eventus International’s experts, India’s fantasy and cybersports niches significantly evolved and covered a bigger market share. Even though the state’s bookmaker sphere lacks comprehensive regulation, players continue paving the way towards their favourite activities.

The main notions about fantasy sports in the country:

  1. The segment’s revenue from the local Premier League 2023 grew substantially. This year’s uplift accounted for 24%.
  2. Dream11’s fantasy sports platform with 180+ million users contributed to the increase. The proprietary application is also very popular.
  3. The organisation is recognised as a top sponsor of the state’s cricket team and has support from the renowned Tiger Global investment corporation.

India’s eSports also continues to flourish. The activity is a hit along with professional athletic disciplines, such as soccer. This makes the niche attractive to different potential sponsors from around the world. More investments can be expected in the years to come.

The popularity of cybersports is so wide that some iGaming operators prefer to connect such entertainment to diversify their platform offerings. By customising the solutions, entrepreneurs create unique content libraries that include both traditional amusements and virtual multiplayer options.

Indians crave quality and well-regulated gambling. The biggest issue is that rules and requirements are different across the country’s regions.

Positive changes in this field can lead to the following benefits:

  • improved user protection;
  • enhanced business transparency;
  • higher industry appeal for investment, etc.
With the assistance of Gaminator experts, you can open a lucrative gambling project in India and other promising countries of the world. We also supply management systems that help entrepreneurs launch new platforms and scale the existing ones.

To initiate cooperation with a reliable partner, just contact our specialists.

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Artur Zimnij
Author
Artur Zimnij
Gambling business specialist
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