Finally, all speculations have come to an end. PokerStars has made its entry into the Indian market. Canadian gambling giant The Stars Group, which owns PokerStars, and government-licensed lottery operator, Sugal & Damani, have inked a partnership. The venture marks the coming together of prominent online gaming industry leaders, signalling a possible shift in the Indian gaming-market dynamics in the near future.

The news came right after the Sachar Gaming (operating under the Sugal & Damani Group) operated Khelplay shutdown on March 15, 2018. PokerStars.in is registered under Sachika Gaming Private Limited which is a subsidiary of Sachar Gaming Private Limited. The group is run and operated by the same heads, Hardik Parekh and Keval Parekh.

It is likely that the poker portal of Khelplay was closed in the wake of the new partnership.

Partnership

The partnership will promote the launch of the Indian PokerStars website, www.pokerstars.in. Time and again, TSG expressed interest in the Indian Poker market, due to huge profitability. In June 2017, The Stars Group CEO Rafi Ashkenazi had said, “We want to be there in time and we want to make sure that we are, as usual, the market leader when it comes to poker.”

Therefore, the association does not come as a surprise. In fact, going by what Ashkenazi said, the Indian poker market is growing exponentially and can expect even more international entities to show interest in the following 12 months.

Operations

Currently, only a teaser saying ‘coming soon’ appears on the website of PokerStars.in. No dates have been confirmed yet, but according to sources, the website could start operations within the next few weeks.

While nothing has been disclosed, so far, about the new structure of the games on the website, there are legal and regulatory concerns that will need to be addressed. All in all, it’s great news for poker lovers in the country. It’s a positive start and there’s everything to look forward to.

For more of the best poker news, blogs and poker deals, continue reading PokerShots!

Related Posts