🚨QUANTITATIVE IMPACT OF BAN ON REAL MONEY GAMING ON THE ECONOMY 🚨
Here’s a data-rich, quantified breakdown of how India’s ban on real-money gaming apps could impact related sectors—banking, media, employment, sports, and more. Quantitative Impact Across Sectors 1. Economic Losses in Real-Money Gaming Financial losses : The government estimates that ~450 million (45 crore) Indians lose nearly ₹20,000 crore annually on real-money gaming. Market size : Online gaming market valued at ₹23,000 crore (~USD 2.8 billion) in 2023, projected to reach ₹70,000 crore (~USD 8.6 billion) by 2027. Fantasy sports alone: Revenue: USD 786.7 million ( ₹6,500 crore) in 2024, with estimates rising to USD 2.3 billion ( ₹19,000 crore) by 2030. Another report projects revenues to reach USD 3 billion (~₹25,000 crore) and users to hit 500 million by FY27. Segment-specific : Fantasy sports commissions dropped to ₹8,800 crore in 2024 from ₹11,000 crore in 2023—a 20% YoY revenue decline. 2. Banking & Payments Though explicit numbers are unavailable, we ...