Top iGaming Markets to Watch in 2025

By Dhruv Malhotra β€’ Published: July 29, 2025

The global iGaming industry is growing at a staggering pace, and while Tier 1 markets are saturated and heavily regulated, Tier 2 and emerging markets are exploding with untapped potential. Here's our 2025 breakdown of the hottest iGaming regions you should be paying attention to β€” whether you're running affiliate traffic, operating a white label, or launching a product.

πŸ“ India

With 800M+ internet users and a youth-driven mobile-first audience, India is a performance marketer’s goldmine. Key formats that convert:

Trending States: Maharashtra, Gujarat, Tamil Nadu

πŸ“ Bangladesh

Highly engaged user base, low media buying costs, and massive Telegram channel reach. Ideal for low-CAC lead gen and crypto-friendly bookmakers.

πŸ“ Nigeria

One of the fastest-growing mobile gaming markets in Africa. Stable conversion from football-oriented prelanders, but keep carrier billing flows optimized.

🌐 What to Expect in 2025

πŸ“Š Quick Market Comparison

Market Avg. CTR Top Platform CPL (USD)
India2.7%Telegram + In-App$0.28
Bangladesh3.1%WhatsApp$0.18
Nigeria2.2%Programmatic Video$0.36

πŸ“Œ Final Word

Markets like India, Bangladesh, and Nigeria offer volume, diversity, and scalable campaign opportunities. But they also demand localization, funnel optimization, and deep tracking visibility. As always β€” test, learn, optimize.

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