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Fantasy sports may see 10% revenue dip
Mint Chennai
|February 14, 2025
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.
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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