iGaming Market in Bangladesh

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 Environment

Bangladesh 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 Profile

The 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