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Fantasy sports may see 10% revenue dip

February 14, 2025

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Mint Kolkata

Fantasy sports in India may be in for a rough season. The industry may see a 10% year-on-year decline in revenue for FY25 amid the changes in tax policy, according to Deloitte India and the Federation of Indian Fantasy Sports.

- Varuni Khosla

However, the industry, which boasts an estimated 225 million users, is expected to bounce back in FY26, the report added.

The fantasy sports industry reported revenue of ₹9,100 crore in FY24. It has experienced rapid expansion in recent years, with a compound annual growth rate (CAGR) of 30% between FY22 and FY24.

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