In the global economy, events that seem local can have consequences for entire industries on the other side of the world. Online gambling is one of the most change-sensitive industries: the reaction to political crises is always instantaneous.
That is why today it is worth taking a closer look at the growing tension between India and Pakistan.
At the moment, we are only talking about the threat of war, not its inevitability. However, the signals are too loud to ignore.
In such circumstances, responsible business should ask itself not “will there be a war” but “what will we do if it starts.”
India is one of the largest and most promising online gambling markets in the world. Over the past 5 years, the volume of online betting there has grown more than 4 times.
The following sectors have been particularly active
War or even a partial conflict can bring down this entire ecosystem in a matter of weeks. There are several reasons for this:
Thus, even without physical destruction, the economic “collapse” for the gambling business looks almost inevitable.
India is one of the world’s largest cricket betting markets. Any interruptions in the conduct of matches or their cancellation will negate traffic and profits in the sports betting vertical.
Fantasy leagues are directly tied to real sports events. Without matches, there is no gaming activity and no monetization.
At first glance, casinos are less dependent on external events. However, in the context of general economic instability and declining incomes, interest in gambling will also inevitably fall.
Advertising strategies in the region today are highly dependent on:
In case of escalation:
For many operators, this will mean the need to instantly revise marketing budgets and engagement channels.
In a changing environment, the winner is not the one who is stronger, but the one who adapts faster.
What should you do now?
Diversification of geography
Shifting the product focus
View traffic channels
Online gambling has been tested by turbulence more than once: the COVID-19 pandemic, regulatory restrictions, economic crises.
Each time, those who thought a few steps ahead survived.
Time will tell whether there will be a war between India and Pakistan.
But today, every operator working in Asian markets should remember: it is necessary to prepare not when the first missiles appear on the horizon, but when the first warning signs appear.
While others are waiting for news, you should have a plan of action ready.