{"id":10429,"date":"2025-02-13T13:32:09","date_gmt":"2025-02-13T13:32:09","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=asia&#038;p=10429"},"modified":"2025-02-13T13:32:09","modified_gmt":"2025-02-13T13:32:09","slug":"indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest","status":"publish","type":"asia","link":"https:\/\/www.mundovideo.com.co\/en\/asia\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest\/","title":{"rendered":"India\u2019s gaming market to reach $7.24 billion by 2029 as global operators take interest"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">After the rapid expansion of Brazil\u2019s gaming industry and the implementation of new regulations, India is emerging as the next major market for gaming operators. With a growing digital economy, increasing smartphone penetration, and ongoing discussions about regulatory changes, the country is drawing significant attention from the global gaming sector.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/puntoventa.online\/producto\/diamond-iii\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" style=\"width:840px;height:auto\"\/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Brazil, which legalized sports betting in 2018 and introduced stricter regulations in 2023, is expected to see online betting account for <strong>55% of its gambling market by 2025<\/strong>, according to <em>H2 Gambling Capital<\/em>. The rapid development of Brazil\u2019s industry has set a precedent, leading international gaming operators to explore new opportunities in markets with similar potential.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mundovideo.com.co\/en\/asia\/india-new-research-warns-that-indias-booming-online-gaming-sector-is-ill-equipped-to-prevent-fraud-and-money-laundering\/\" target=\"_blank\" rel=\"noreferrer noopener\">India- New research warns that India\u2019s booming online gaming sector is ill-equipped to prevent fraud and money laundering.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India\u2019s gaming sector is on a strong upward trajectory. According to <em>Mordor Intelligence<\/em>, the market is projected to grow from <strong>$3.49 billion in 2024 to $7.24 billion by 2029<\/strong>, with an annual growth rate of <strong>15.68%<\/strong>. The expansion is fueled by a <strong>young population<\/strong>, <strong>higher disposable income<\/strong>, and the <strong>widespread availability of mobile internet<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"538\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest2-1024x538.jpg\" alt=\"\" class=\"wp-image-10432\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest2-1024x538.jpg 1024w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest2-300x158.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest2-768x403.jpg 768w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest2.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Despite the industry&#8217;s rapid growth, India\u2019s legal framework for gambling remains fragmented. While some states allow certain forms of betting, others impose strict bans. The <strong>Ministry of Home Affairs (MHA)<\/strong> has initiated discussions on the need for a central gaming law. In a recent meeting involving the <strong>Intelligence Bureau<\/strong> and other agencies, the government assigned the <strong>Indian Cyber Crime Coordination Centre (I4C)<\/strong> to assess the necessity of new legislation. The findings of this study could influence future regulatory decisions.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"587\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest3-1024x587.jpg\" alt=\"\" class=\"wp-image-10431\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest3-1024x587.jpg 1024w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest3-300x172.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest3-768x440.jpg 768w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/indias-gaming-market-to-reach-7-24-billion-by-2029-as-global-operators-take-interest3.jpg 1194w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">With <strong>over 650 million internet users<\/strong>, India represents one of the largest untapped gaming markets globally. The industry\u2019s growth, coupled with the possibility of regulatory reforms, has positioned India as a key focus for gaming operators looking to expand beyond Brazil and other established markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Home Affairs (MHA) has initiated discussions on the need for a central gaming law. <\/p>\n","protected":false},"author":1,"featured_media":10433,"menu_order":113,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[2323,57,2802],"class_list":["post-10429","asia","type-asia","status-publish","format-standard","has-post-thumbnail","tag-asia","tag-casinos","tag-india","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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