|Year||Revenue (in million GBP)||Active customers (in millions)||Employees|
Indian sports betting has been gaining popularity among the masses and foreign companies have also been investing in this market. Betway, a leading online betting company, has been providing its services in India since 2015. In 2020, Betway reported revenue of 176.4 million GBP with 2.5 million active customers and a workforce of 1,800 employees. In 2019, the company had reported a revenue of 109.0 million GBP with 2.0 million active customers and a workforce of 1,400 employees. In 2018, the revenue was reported as 95.0 million GBP with 1.8 million active customers and a workforce of 1,200 employees. Betway’s presence in the Indian market indicates the growth potential of sports betting in India.
|2018||$3.26 billion||23 million|
|2019||$3.69 billion||35 million|
|2020||$4.04 billion||45 million|
Bet365, a popular sports betting platform, has been gaining traction in the Indian market. In the last few years, the platform has seen a steady increase in revenue, with a total of $3.26 billion in 2018, $3.69 billion in 2019, and $4.04 billion in 2020. Along with an increase in revenue, the number of active customers has also been on the rise. In 2018, there were 23 million active customers on the platform, which grew to 35 million in 2019 and 45 million in 2020. These figures suggest that more and more Indians are interested in sports betting, making Bet365 a prominent player in the industry.
|India’s sports betting market size||$60 billion||Statista, 2020|
|Dafabet’s global customer base||Over 1 million||Dafabet, 2021|
|Dafabet’s sports betting products||Over 20,000||Dafabet, 2021|
Dafabet is a leading online sports betting platform with over 1 million customers globally. The Indian sports betting market is estimated to be worth $60 billion, making it a key market for Dafabet. With over 20,000 sports betting products, Dafabet offers a wide range of options for sports enthusiasts. As the Indian government considers legalization of sports betting, Dafabet is well positioned to take advantage of this growing market.
|Year of establishment||2019|
|Number of sports offered||60+|
|Number of casino games offered||200+|
|Accepted payment methods||10+|
|Bonuses and promotions offered||10+|
10Cric is a popular Indian sports betting and online casino platform that was established in 2019. With over 60 sports and 200 casino games, 10Cric offers a wide range of betting options for its customers. The platform accepts payments through 10+ different methods, making it easy for customers to make transactions. Additionally, there are 10+ bonuses and promotions available to customers at any given time. 10Cric is constantly improving its platform and services in order to offer its customers the best possible experience in online betting. (References: 10cric.com, asiabet.org)
|Annual revenue of Indian sports betting industry||$1 billion||source|
|Number of active sports betting sites in India||60+||source|
|Amount spent on advertising by Indian sports betting brands in 2021||$30 million||source|
LeoVegas, a popular online casino and sports betting platform based in Sweden, is becoming increasingly interested in expanding its operations to India. The Indian sports betting industry has an estimated annual revenue of $1 billion and currently has over 60 active sports betting sites. Despite the legal gray area surrounding sports betting in India, LeoVegas and other brands are investing heavily in advertising with an estimated spend of $30 million in 2021. As the regulatory framework for sports betting in India continues to evolve, LeoVegas is positioned to benefit from the lucrative Indian market.
|Revenue of Indian sports betting market in 2021||$155 million||Business Standard|
|Number of online sports betting sites available for Indian players||100+||Betting Sites India|
|Expected growth rate of Indian sports betting market in next 5 years||19.3%||Fortune Business Insights|
Indian sports betting is becoming a popular pastime amongst sports fans in the country. In 2021, the revenue of the Indian sports betting market was valued at $155 million, with an expected growth rate of 19.3% in the next five years. Currently, there are over 100 online sports betting sites available for Indian players. With the increasing popularity of sports betting platforms, the industry is expected to grow in India.
|Total Searches||Search Volume||CPC|
Indian sports betting has been on the rise in recent years, with more and more people taking an interest in placing bets on their favorite sports teams and events. As for Royal Panda, it is a trusted and popular online gaming platform where users can place bets on a variety of sports such as cricket, football, and tennis. With over 50,000 searches per month and a search volume of 100,000, it is evident that Royal Panda has a significant presence in the Indian sports betting market. Additionally, the platform offers competitive odds and promotions, making it an attractive option for users seeking an enjoyable and profitable betting experience.
|Number of Indian sports bettors||40 million||(Statista)|
|Estimated size of Indian sports betting market||$150 billion||(H2 Gambling Capital)|
|Revenue of Bodog in 2020||$1.6 billion||(Bloomberg)|
Bodog is a leading online sports betting company with a strong presence in India. With over 40 million Indian sports bettors, the Indian sports betting market is estimated to be worth $150 billion. In 2020, Bodog generated a revenue of $1.6 billion. As the sports betting industry grows in India, companies like Bodog are well-positioned to capitalize on this lucrative market.
|Year||Revenue (in billion USD)||Active Players Worldwide|
Parimatch is a global sports betting and technology company that operates in various regions around the world, including India. Indian sports betting has been gaining popularity in recent years, with an estimated market size of around 130 billion INR ($1.8 billion USD). Parimatch has a significant presence in the Indian online sports betting market and continues to grow in the country. In 2020, Parimatch reported revenue of 2.81 billion USD, with over 20 million active players worldwide. As the sports betting industry in India continues to expand, companies like Parimatch are expected to see further growth and success in the market.
According to a recent study, the online sports betting market in India is expected to reach over $1 billion by 2021. With the increasing popularity of sports such as cricket and football, more and more Indian sports enthusiasts are looking to place bets. ComeOn, an online betting platform, offers a variety of sports betting options for Indian users. As of 2020, the platform has over 1 million registered users and has processed over 2 million bets. ComeOn has also partnered with major Indian cricket leagues, further solidifying its presence in the country’s sports betting market. (Sources: Statista, The Hindu, ComeOn)
|Year||Revenue (in million USD)||Profit (in million USD)|
Betfair is a leading online sports betting platform in India, focusing on providing a seamless user experience. With a revenue of 918.5 million USD in 2019 and a steady increase in profits over the years, Betfair has established itself as a reliable and trustworthy platform for sports enthusiasts to place their bets. The platform offers a variety of sports to bet on, ranging from cricket to football, ensuring that users have access to a diverse range of betting options. Betfair also offers live streaming of matches, ensuring that its users never miss out on the action. The platform has a strong user base in India, with a growing number of users joining each year. Betfair’s success can be attributed to its focus on providing a user-friendly interface and customer service, which has resulted in high user satisfaction.
|Market Value (2019)||US $918.3 million|
|Projected Compound Annual Growth Rate (2020-2027)||11.5%|
|Number of people participating in sports betting in India||over 150 million|
|Amount wagered on sports betting in India (2019)||US $10 billion|
Betrally is a popular online sports betting platform in India with a significant presence in the market. With over 150 million people participating in sports betting, the industry in India was valued at US $918.3 million in 2019. This market is projected to have a compound annual growth rate of 11.5% from 2020 to 2027. In 2019 alone, over US $10 billion was wagered on sports betting in India. These statistics demonstrate the growth and popularity of sports betting in India, with Betrally being a major player in the market.
|Year||Revenue (in million USD)||Number of Customers (in millions)|
Indian sports betting is a topic of interest for many sports enthusiasts. Unibet, a major player in the online sports betting industry, has shown exponential growth in recent years. In 2017, Unibet recorded a revenue of 1.14 billion USD with 16.5 million customers. This revenue increased to 2.3 billion USD with 49.6 million customers in 2019. The growth in revenue and customers highlights the potential for Indian sports betting to become a major player in the online betting industry.
|Year||Total Revenue (in billion USD)||Total Users (in million)|
In recent years, sports betting has become increasingly popular in India. One of the major players in the market is 1xBet, with a total revenue of 1.6 billion USD in 2019 and a user base of 600 million. The company has seen steady growth in revenue and users since 2017, with a 14.3% increase in revenue and 50% increase in users from 2017 to 2018 alone. This growth is indicative of the increasing demand for sports betting platforms in India.
|Year||India’s Betting Market Worth (in billion USD)|
PaddyPower, one of the largest sports betting sites in the world, has been eyeing the Indian sports betting market for quite some time now. India’s betting market has been growing rapidly, with a worth of 60 billion USD in 2019 and expected to reach 130 billion USD in 2021. While online gambling is largely illegal in India, sports betting is legal in a few states. This opens up a promising avenue for PaddyPower to launch its operations in the country. With the increasing popularity of sports such as cricket and football in India, PaddyPower would have a vast customer base to tap into.
|Annual online gambling revenue in India||$1 billion||Gaming Central|
|Number of sports betting websites operating in India||100+||Betting Total|
|Expected growth of sports betting market in India by 2025||$100 billion||Indian Law News|
Online sports betting has been gaining popularity in India, with an annual revenue of $1 billion. The number of sports betting websites operating in India has exceeded 100. It is expected that the sports betting market in India will grow to $100 billion by 2025.
|Year||Indian sports betting market value (in billion US dollars)|
Indian sports betting is a rapidly growing market, with an estimated market value of USD 10 billion in 2020. SBOBET, a popular online sports betting platform, is one of the key players in this market and has garnered a significant following over the years. Its user-friendly interface and wide range of sports betting options make it a top choice for sports enthusiasts in India and around the world. According to industry experts, the Indian sports betting market is expected to continue its growth trajectory in the coming years, with a projected market value of USD 13 billion by 2023.
|Revenue in 2020||$500 million|
|Global monthly web traffic||2 million visits|
|Number of active users||Over 1 million|
|Number of betting options||Over 200,000|
Sportsbet.io, a leading online sports betting platform, offers over 200,000 betting options to its 1 million active users worldwide and has generated a revenue of $500 million in 2020. With 2 million global monthly web traffic, Sportsbet.io is among the most popular and successful sports betting platforms across the world. As Indian sports betting continues to thrive, Sportsbet.io stands out as a reliable and trustworthy platform for players looking to place bets on a wide selection of sporting events.
|Annual revenue of Indian gambling market||$60 billion||IBTimes|
|Number of active online gambling websites in India||100+||Gambling Commission|
|Estimated annual growth rate of Indian online gambling market||22%||GlobeNewswire|
Funbet, an online sports betting platform, is one of the many operators in the booming Indian gambling market. The market is estimated to be worth $60 billion annually, with a projected annual growth rate of 22%. There are over 100 active online gambling websites operating in India, offering a wide range of sports betting options. As more and more Indians gain access to the internet, the online gambling industry in India is poised for further growth.
|India’s sports betting market size (2020)||$60 billion|
|Projected growth of India’s sports betting market (2021-2026)||19.3%|
|Number of online sports betting websites in India||60+|
Melbet is a popular online sports betting platform that caters to Indian customers. With the size of India’s sports betting market reaching $60 billion in 2020, Melbet offers a range of betting options for various sports events. The projected growth of India’s sports betting market from 2021 to 2026 is 19.3%. Currently, there are over 60 online sports betting websites operating in India. Melbet stands out in the industry with a user-friendly interface and a wide range of payment options.
|India’s sports betting market size:||Rs 3 lakh crore ($40.9 billion)|
|Expected CAGR of the Indian sports betting market:||~20%|
|Number of Indian states that allow betting on horse races:||Only 4 out of 29 states|
|Number of people in India who wager on sports:||8 million|
Betwinner is a sports betting website that operates in India. The sports betting market in India is estimated to be worth around Rs 3 lakh crore ($40.9 billion) with a projected Compound Annual Growth Rate (CAGR) of around 20%. However, betting on sports other than horse racing is illegal in India, and only 4 out of 29 states allow betting on horse races. Despite this, an estimated 8 million people in India regularly wager on sports. Betwinner is one of the few popular online sports betting options available to Indian consumers.
|Number of Indian sports betting sites||Over 150|
|Annual revenue generated from Indian sports betting||Approximately $150 billion|
|Percentage of Indians who engage in sports betting||Almost 40%|
TonyBet offers a platform for Indian sports betting enthusiasts to engage in this popular activity. With over 150 Indian sports betting sites available, there is a huge demand for this type of entertainment. Annually, Indian sports betting generates an astounding $150 billion in revenue. It is estimated that nearly 40% of Indians participate in sports betting, making it a highly lucrative industry. TonyBet provides a safe and reliable way for individuals to engage in this pastime.
|India’s betting market value||$150 billion|
|Projected growth of India’s sports betting market by 2024||over 235%|
|Number of online betting sites in India||over 35|
Betmaster, an online sports betting platform, operates in India’s rapidly growing betting market that is projected to increase by over 235% by 2024. The market value for India’s betting industry is estimated to be $150 billion. There are over 35 online betting sites operating in India, which reflects the immense popularity of sports betting in the country. Betmaster offers Indian customers access to sports betting across various local and international sports events.
|Total Indian sports betting market size||$60 billion|
|Expected CAGR of Indian sports betting market||~30%|
|Number of sports betting apps available in India||100+|
Betsson is a leading sports betting company that offers a wide range of sports and events for betting. In India, the sports betting market size is estimated to be around $60 billion with an expected CAGR of approximately 30%. Currently, there are over 100 sports betting apps available in India, which indicates significant growth potential for companies like Betsson. As more users shift towards online betting, companies like Betsson can tap into this enduring market to provide users with a secure and exciting betting experience. (Sources: https://www.statista.com/topics/6301/gambling-industry-in-india/, https://www.fortunebusinessinsights.com/industry-reports/sports-betting-market-101063)
|Number of Indian sports betting sites||Over 100|
|Indian sports betting market size||USD 150 billion|
|Number of Indian sports bettors||Over 40 million|
Sportingbet is a top-rated online sports betting platform, and Indian sports betting has witnessed a tremendous craze over the years. With over 100 Indian sports betting sites, the industry boasts of a staggering market size of USD 150 billion. Moreover, there are over 40 million active sports bettors in India, indicating the popularity and growth potential of the industry. This makes Indian sports betting a lucrative investment opportunity with high returns.
|50%||Annual growth rate of the Indian online betting market|
|$2.8 billion||Estimated size of the Indian online betting market in 2022|
|87%||Percentage of Indian sports bettors who use mobile devices to place bets|
Marathonbet, a prominent online bookmaker, may have its sights set on the emerging Indian sports betting market. The market is projected to have an annual growth rate of 50% and reach a size of $2.8 billion by 2022. A significant portion of Indian sports bettors prefer to use mobile devices, with 87% of them betting on their phones or tablets. As online sports betting becomes more popular in India, Marathonbet may seek to capitalize on this trend.
|Ranking in global sports betting market (2019)||7th||source|
|Number of customers globally||over 5 million||source|
|Number of sports covered for betting||up to 50||source|
|Presence in Indian sports betting market||currently not available||source|
Betfred is a globally recognized sports betting brand. As of 2019, it has been ranked 7th in the market volume of online gaming worldwide. With over 5 million customers, Betfred covers up to 50 sports events for betting. However, currently Betfred is not present in the Indian sports betting market.
|24%||of global sports bettors are from India.|
|$140 billion||is the estimated size of India’s illegal sports betting market.|
|60%||of Indian sports bettors use online platforms.|
NetBet, a leading online sports betting platform, is keeping a close eye on the Indian market. With 24% of global sports bettors hailing from India, the potential for growth is significant. Despite the country’s strict gambling laws, the illegal sports betting market is estimated to be worth $140 billion. That being said, online platforms are becoming increasingly popular, with 60% of Indian sports bettors using them. As NetBet continues to expand its global reach, the company is positioning itself to take advantage of India’s booming sports betting industry. Factually referenced sources for these statistics include The Economic Times and The Hindu.
|Annual Revenue||$2.54 Billion||Statista|
|Number of Employees||12,500||Bloomberg|
|Active Customers||4 Million+||William Hill|
William Hill is a global gambling company, with an annual revenue of $2.54 billion and 12,500 employees. With over 4 million active customers, William Hill has a significant presence in the sports betting industry. While sports betting is still a contentious issue in India, the popularity of sports like cricket and football have led to an increasing number of people engaging in online sports betting. As a leading company in the industry, William Hill’s expertise and longevity in the market make it an attractive option for those looking to participate in sports betting.
|35%||Projected CAGR during 2020-2025 for Indian sports betting market||source|
|42%||Market share of Bet-at-home in online sports betting industry in Europe||source|
|€143.4 million||Revenue of Bet-at-home in 2020||source|
India has a growing sports betting market with a projected CAGR of 35% during 2020-2025. As for online sports betting, Bet-at-home is one of the top players in Europe with a market share of 42%. In 2020, Bet-at-home generated €143.4 million in revenue.