Bangladesh is rapidly emerging as one of the most promising opportunity markets in the iGaming space. According to
Statista, the country’s online gambling market is expected to reach $ 68 million by 2025, with projections exceeding $ 93 million by 2029.
Despite a formal ban on gambling, the player base is projected to grow to 20 million users over the coming years.
🔹 Current Market Landscape— 56 iGaming operators are currently active in Bangladesh
— 7 operators surpassed a GGR of $ 100M in 2024
— Total market GGR is around $ 1.7 billion
— FTD volume exceeds $ 22 million
🔴 Legal & Regulatory EnvironmentBangladesh represents a typical "grey area" when it comes to iGaming legality.
— Gambling is officially prohibited under the
Public Gambling Act of 1867
— Only legal formats: state lotteries and horse race betting
— Online gambling remains unregulated, with no updates in law to reflect the digital era
🧑💻 Player ProfileThe average Bangladeshi iGaming user is a young male from a major city, often seeing gambling as a way to improve their financial situation — even if just slightly.
— Male, 18−35 years old
— Residing in Dhaka, Chittagong, or Khulna
— Monthly income between $ 140−190
— Often a student, entry-level employee, or temporarily unemployed
🎮 Top Game Preferences— Slots (especially from local provider Jili)
— Aviator
— Live casino games like roulette, blackjack, poker
— Sports betting, primarily on cricket and football
📲 User Expectations— Android-optimized mobile apps
— Interface in Bengali or simple English
— Support for local payment systems: bKash, Nagad, Rocket
— Fast deposits and withdrawals
✅ Market Strengths— Huge user potential: 170M+ population
— Affordable mobile traffic (Android makes up 95% of devices)
— High engagement among the 18−35 age group
⚠️ Market Challenges— Low spending power among users
— High localization demands — Bengali language & local payments are essential
— Fierce competition in key verticals like sports betting and slots