Online Casinos - India

  • India
  • Revenue in the Online Casinos market is projected to reach €0.86bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.61%, resulting in a projected market volume of €1.07bn by 2028.
  • In the Online Casinos market, the number of users is expected to amount to 0.00 by 2028.
  • User penetration will be 0.00 in 2024 and is expected to hit 0.00 by 2028.
  • The average revenue per user (ARPU) is expected to amount to 0.00.
  • In global comparison, most revenue will be generated in the United States (€7,090.00m in 2024).
  • With a projected rate of 0, the user penetration in the Online Casinos market is highest 0.

Key regions: Japan, South Korea, United States, India, Europe

Comparaison de régions

Analyst Opinion

The Online Casinos market in India has been experiencing significant growth in recent years, driven by changing customer preferences and local special circumstances.

Customer preferences:
Indian customers are increasingly turning to online casinos for their gambling needs due to several reasons. Firstly, online casinos offer convenience and accessibility, allowing players to gamble from the comfort of their own homes. This is especially appealing in a country like India, where traditional brick-and-mortar casinos are limited in number and often located in major cities. Additionally, online casinos offer a wide variety of games, including popular options like slots, poker, and roulette, catering to the diverse preferences of Indian players. Lastly, online casinos often provide attractive bonuses and promotions, which further incentivize players to choose this form of gambling.

Trends in the market:
One of the key trends in the Indian online casinos market is the increasing popularity of mobile gambling. With the widespread adoption of smartphones and improving internet connectivity, more and more Indians are accessing online casinos through their mobile devices. This trend is expected to continue as smartphone penetration in the country continues to rise. Additionally, the market is witnessing the emergence of local online casinos that cater specifically to Indian players. These platforms often offer localized payment options, customer support in regional languages, and games that are popular in India, such as Teen Patti and Andar Bahar.

Local special circumstances:
The legal landscape surrounding online gambling in India has played a significant role in shaping the market. While online casinos are not explicitly regulated at the federal level, individual states have the authority to regulate or ban online gambling within their jurisdictions. As a result, the legal status of online casinos varies across different states in India. Some states have embraced online gambling and have implemented regulations to ensure player protection and responsible gambling. On the other hand, some states have banned online gambling altogether. This patchwork of regulations creates a complex operating environment for online casinos in India.

Underlying macroeconomic factors:
Several macroeconomic factors have contributed to the growth of the online casinos market in India. Firstly, the country's growing middle class and increasing disposable income have led to a rise in leisure spending, including gambling. As more Indians have the financial means to engage in recreational activities, the demand for online casinos has increased. Additionally, the digital revolution in India has played a significant role in the growth of the online casinos market. With the government's push for digitalization and the increasing internet penetration in the country, more Indians have access to online gambling platforms. This has expanded the potential customer base for online casinos and fueled market growth. In conclusion, the Online Casinos market in India is experiencing growth due to changing customer preferences, including the convenience and variety offered by online platforms. The increasing popularity of mobile gambling and the emergence of localized online casinos are key trends in the market. The legal landscape surrounding online gambling in India, as well as macroeconomic factors such as the growing middle class and digitalization, also contribute to the market's development.


Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Gambling Revenue (GGR) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies, and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, the urban population, the usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.

Vue d’ensemble

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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