India Sports Betting Market Size & Outlook, 2023-2030

The sports betting market in India is expected to reach a projected revenue of US$ 11.9 billion by 2030. A compound annual growth rate of 10.4% is expected of India sports betting market from 2024 to 2030.
Revenue, 2023 (US$B)
$5.9
Forecast, 2030 (US$B)
$12.5
CAGR, 2024 - 2030
11.3%
Report Coverage
India

India sports betting market highlights

  • The India sports betting market generated a revenue of USD 5.9 billion in 2023 and is expected to reach USD 12.5 billion by 2030.
  • The India market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
  • In terms of segment, online was the largest revenue generating platform in 2023.
  • Online is the most lucrative platform segment registering the fastest growth during the forecast period.

Sports betting market data book summary

Market revenue in 2023USD 5.9 billion
Market revenue in 2030USD 12.5 billion
Growth rate11.2% (CAGR from 2023 to 2030)
Largest segmentOnline
Fastest growing segmentOnline
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationOnline
Key market players worldwideEvoke PLC, Betsson AB Class B, Churchill Downs Inc, Entain PLC, Flutter Entertainment PLC, International Game Technology PLC, Kindred Group PLC SEDR, Sportech PLC

Other key industry trends

  • In terms of revenue, India accounted for 6.5% of the global sports betting market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China sports betting market is projected to lead the regional market in terms of revenue in 2030.
  • Philippines is the fastest growing regional market in Asia Pacific and is projected to reach USD 0.5 billion by 2030.

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Sports Betting Market Companies

Name Profile # Employees HQ Website

India sports betting market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sports betting market will help companies and investors design strategic landscapes.


Online was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the India sports betting market based on online covering the revenue growth of each sub-segment from 2018 to 2030.


  • India Sports Betting Platform Outlook (Revenue, USD Billion, 2018-2030)
    • Offline
    • Online
  • India Sports Betting Type Outlook (Revenue, USD Billion, 2018-2030)
    • Fixed Odds Wagering
    • Exchange Betting
    • Live/In Play Betting
    • eSports Betting
    • Others
  • India Sports Betting Sports Type Outlook (Revenue, USD Billion, 2018-2030)
    • Football
    • Basketball
    • Baseball
    • Horse Racing
    • Cricket
    • Hockey
    • Others

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Target buyers of India sports betting market databook

  • Our clientele includes a mix of sports betting market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India sports betting market , including forecasts for subscribers. This country databook contains high-level insights into India sports betting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India sports betting market size, by platform, 2018-2030 (US$B)

India Sports Betting Market Outlook Share, 2023 & 2030 (US$B)

India sports betting market size, by platform, 2018-2030 (US$B)

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