Last week's £4m deal between the UK's leading football gaming business Sportech and India's most successful online gaming company Playwin was the opening shot in what will be a momentous year for the gambling business on the subcontinent.

Playwin CEO Amit Goenka tells Gaming Intelligence that his home market could be worth as much as Rs 1.5 trillion in five years time. That's nearly US$33 billion. In that context, Sportech's £2m investment in its joint venture with Playwin seems a pittance. And that is just what Goenka thinks the organised, regulated and taxed sector is capable of reaping.

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