India Sports Betting Market to 2032

Overview

The India Sports Betting Market is expected to reach a 1,288.22 USD Billion by 2032 and is projected to grow at a CAGR of 10.58% from 2025 to 2032.

Revenue, 2024 (USD Billion)
723.35
Forecast, 2032 (USD Billion)
1,288.22
CAGR, 2024 - 2032
10.58%
Report Coverage
India

India Sports Betting Market 2018-2032 USD Billion

India Sports Betting Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 723.35 USD Billion
  • Projected Market Size (2032): 1,288.22 USD Billion
  • CAGR (2025-2032): 10.58%

Key Findings of India Sports Betting Market

  • The India Sports Betting Market was valued at 723.35 USD Billion in 2024.
  • The India Sports Betting Market is likely to grow at a CAGR of 10.58% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Non-Racing in Sports Segment accounted for the largest share of the market with a revenue of 479.08 USD Billion
  • The fastest growing segment Line-in-play in Type Segment grew Fastest with a CAGR of 15.61% during the forecast period from 2024 to 2032.

India Sports Betting Market Scope

India Sports Betting Market Segmentation & Scope
Age Group
  • Baby Boomers
  • Gen Z
  • Gen X
  • Gen Y/Millennials
Sports
  • Racing
  • Non-Racing
Operator
  • Others
  • Off-Track Sports Betting
  • Lotteries Operator
  • Video Gaming Terminals
  • Concession Operators
  • Coin-Operated Gambling Device
  • Bookmakers
  • Card Rooms
  • Bingo Halls
  • Casinos
Type
  • Pari Mutuel
  • Spread Betting
  • Others
  • Daily Fantasy
  • E-Sports
  • Exchange Betting
  • Fixed Odd Betting
  • Line-in-play
Platform
  • Online
  • Offline

India Sports Betting Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 723.35 USD Billion
Market Value in 2032 1,288.22 USD Billion
CAGR (2025-2032) 10.58%
Historic Data 2016-2023
Market Segments Covered Age Group,Sports,Operator,Type,Platform

Regional Insights:

  • Leading Market (2024-2032): India, leading in terms of revenue 723.35 USD Billion in 2024
    • Key Country: India, leading in terms of revenue with value of 723.35 USD Billion in 2024.

Segments and Scope

  • India Sports Betting Market to 2032, By Age Group
    • Gen Y/Millennials is the largest segment in India Sports Betting Market to 2032 with a revenue of 344.75 USD Billion in the year 2024.
    • Gen Y/Millennials is the Fastest growing segment in India Sports Betting Market to 2032 with a Growth rate of 13.69 % in forecast period 2025-2032.
  • India Sports Betting Market to 2032, By Sports
    • Non-Racing is the largest segment in India Sports Betting Market to 2032 with a revenue of 479.08 USD Billion in the year 2024.
    • Non-Racing is the Fastest growing segment in India Sports Betting Market to 2032 with a Growth rate of 10.39 % in forecast period 2025-2032.
  • India Sports Betting Market to 2032, By Operator
    • Casinos is the largest segment in India Sports Betting Market to 2032 with a revenue of 234.61 USD Billion in the year 2024.
    • Casinos is the Fastest growing segment in India Sports Betting Market to 2032 with a Growth rate of 14.22 % in forecast period 2025-2032.
  • India Sports Betting Market to 2032, By Type
    • Line-in-play is the largest segment in India Sports Betting Market to 2032 with a revenue of 247.68 USD Billion in the year 2024.
    • Line-in-play is the Fastest growing segment in India Sports Betting Market to 2032 with a Growth rate of 15.61 % in forecast period 2025-2032.
  • India Sports Betting Market to 2032, By Platform
    • Offline is the largest segment in India Sports Betting Market to 2032 with a revenue of 445.36 USD Billion in the year 2024.
    • Online is the Fastest growing segment in India Sports Betting Market to 2032 with a Growth rate of 9.04 % in forecast period 2025-2032.

India Sports Betting Market Company Share Analysis

 
Company Name Company Share Analysis
Sun International
FEG
Flutter Entertainment plc
LAS VEGAS SANDS CORPORATION
Entain
India Sports Betting Market Company Share Analysis

India Sports Betting Market Geographical Sales Distribution, 2018-2032 USD Billion

India Sports Betting Market Geographical Sales Distribution, 2018-2032 USD Billion

India Sports Betting Market Company Profiling

India Sports Betting Market Company Profiling
Frequently Asked Questions
The India Sports Betting Market is segmented based on Segmentation Age Group,Sports,Operator,Type,Platform.
India Sports Betting Market was valued at USD 723.35(Revenue in USD Billion) in 2021.
India Sports Betting Market is projected to grow at a CAGR of 10.58% during the forecast period of 2024 to 2032.
The Non-Racing segment is expected to dominate the India Sports Betting Market, holding a largest market share of 479.08 USD Billion in 2024

India Sports Betting Market Scope

India Sports Betting Market Segmentation & Scope
Age Group
  • Baby Boomers
  • Gen Z
  • Gen X
  • Gen Y/Millennials
Sports
  • Racing
  • Non-Racing
Operator
  • Others
  • Off-Track Sports Betting
  • Lotteries Operator
  • Video Gaming Terminals
  • Concession Operators
  • Coin-Operated Gambling Device
  • Bookmakers
  • Card Rooms
  • Bingo Halls
  • Casinos
Type
  • Pari Mutuel
  • Spread Betting
  • Others
  • Daily Fantasy
  • E-Sports
  • Exchange Betting
  • Fixed Odd Betting
  • Line-in-play
Platform
  • Online
  • Offline
Frequently Asked Questions
The India Sports Betting Market is segmented based on Segmentation Age Group,Sports,Operator,Type,Platform.
India Sports Betting Market was valued at USD 723.35(Revenue in USD Billion) in 2021.
India Sports Betting Market is projected to grow at a CAGR of 10.58% during the forecast period of 2024 to 2032.
The estimated market value of the India Sports Betting Market for final year is USD 1,288.22 (USD Billion).

India Sports Betting Market Company Profiling

India Sports Betting Market Company Profiling
Frequently Asked Questions
The India Sports Betting Market is segmented based on Segmentation Age Group,Sports,Operator,Type,Platform.
India Sports Betting Market was valued at USD 723.35(Revenue in USD Billion) in 2021.
India Sports Betting Market is projected to grow at a CAGR of 10.58% during the forecast period of 2024 to 2032.
The estimated market value of the India Sports Betting Market for final year is USD 1,288.22 (USD Billion).

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