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How does the Indian iGaming Industry Change after the IPL 2024 — Blask Team Analytics
Experts at Blask, a leading iGaming analytical toolkit, have observed significant changes in the Indian iGaming industry following the conclusion of the 2024 Indian Premier League (IPL). Their findings highlight shifts in market share and the emergence of top betting brands during the tournament.
How the Blask Index Changed
The Blask Index, a proprietary metric developed by the Blask team, illustrating the aggregated level of engagement across iGaming brands (measured in the number of people interested), reveals significant changes according to the open source intelligence (OSINT) data for the pre-IPL and IPL phases:
- Surged from 973,000 on March 21 (pre-IPL) to 1.9 million on March 22 (tournament kickoff)
- Peaked at 2.1 million on April 28 during high-profile matches: Gujarat Titans vs. Royal Challengers Bangalore and Chennai Super Kings vs. Sunrisers Hyderabad
- Remained strong at 1.8 million on the tournament’s final day, May 26
Main Shifts in the Competitive Landscape of the Indian Market
The Blask team highlights the following key market shifts:
- Stake’s meteoric rise from 4th to 1st position, capturing a staggering 47.69% increase in relative market share, surpassing industry giants like Parimatch, Dafabet, 1xBet, and 4Rabet
- The consequent decline in market positions for the other top four brands: Parimatch (-11.21%), Dafabet (-7.3%), 1xBet (-6.03%), and 4Rabet (-2.6%)
- Fairplay replaced Fun88 in the top 10 brands list, with a minimal difference in market share (0.89% and 0.65%, respectively)
- Stake leading MoM growth with an astonishing 362% increase, followed by Parimatch (31.48%), 4Rabet (31.75%), Dafabet (22.67%), and 1xBet (0.21%)
Growth in First-Time Deposits and Gross Gaming Revenue
Blask’s analytics department evaluated the performance of major Indian iGaming brands during the IPL using Blask AI Deep Learning algorithms to measure FTDs and GGR. They utilized open-source data from worldwide gambling commissions and employed the inner AI model to detect patterns and predict future FTDs and GGRs.
Performance is shown within an interval, displaying FTDs and GGRs on a scale from worse to better. The average value is indicated, showing the data’s central tendency. This interval benchmark helps us assess current performance in comparison to historical data and expected trends.
FTD Growth:
- Stake: 147% (March), 350% (April) | April FTD: ~302,000 deposits
- Parimatch: 42% (March), 30% (April) | April FTD: ~328,000 deposits
- Dafabet: 54% (March), 21% (April) | April FTD: ~267,000 deposits
- 1xBet: 102% (March), 0.2% (April) | April FTD: ~76,000 deposits
- 4Rabet: 73% (March), 30% (April) | April FTD: ~62,000 deposits
GGR Growth:
- Stake: 120% (March), 296% (April) | April GGR: ~$17 million
- Parimatch: 23% (March & April) | April GGR: ~$30 million
- Dafabet: 17% (March), 13% (April) | April GGR: ~$29 million
- 1xBet: 38% (March), 8.5% (April) | April GGR: ~$7.8 million
- 4Rabet: 30% (March), 23% (April) | April GGR: ~$5.9 million
By leveraging AI to analyze historical open-source intelligence, market trends, and brand momentum, these findings offer compelling insights into the evolution of the Indian market landscape during the IPL. The AI-powered projections shed light on the trajectory of key market indicators such as GGR and FTDs and provide a window into the financial dynamics of the Indian market.
“The IPL 2024 has sparked significant changes in India’s iGaming industry,” said Max Tesla, the CEO of Blask. “Our analysis shows that the market is dynamic, with newcomers like Stake making big gains and established brands facing more competition. When comparing the Blask Index from April 2023 to April 2024, we observed a remarkable increase of over 70%, demonstrating the immense potential and growth of the Indian iGaming market.”
The Indian iGaming market has experienced a remarkable boom, with the IPL 2024 serving as a catalyst for significant growth and changes in the competitive landscape. The Blask Index, a key indicator of market engagement, soared during the tournament, peaking at an impressive 2.1m daily during high-profile matches and a significant 47m during April — the most extensive engagement in Indian iGaming market history. This surge in interest and participation highlights the immense potential of the Indian iGaming industry.
The IPL 2024 witnessed a major shift in the market dynamics, with Stake emerging as a dominant force. It captured a substantial increase in market share, overtaking established giants like Parimatch, Dafabet, 1xBet, and 4Rabet. This meteoric rise of Stake significantly altered the market landscape, showcasing the industry’s ever-evolving nature and the opportunities for new players to make their mark. However, the question remains: Will Stake be able to maintain its leadership?
Moreover, the growth in First-Time Deposits (FTDs) and Gross Gaming Revenue (GGR) during the IPL 2024 was a clear indicator of the market’s expansion. Thus, the growth of FTDs during the period amounted to 100% in March compared to February, with an average of 1 million FTDs. In April, the growth continued to reach 1.5 million FTDs.
The GGR metric showed an increase, but not as significant: it went up by 33% on average in March to 120 million USD and 16% in April to 146 million USD. Blask analysts intend to include May data in early June to ensure accuracy and precision.
The IPL 2024 has not only highlighted the excitement of cricket but has also demonstrated the significant growth of the Indian iGaming industry. With the market dynamics increasing and new players like Stake making remarkable progress, the future of iGaming in India appears exceptionally promising. As the industry continues to advance and introduce new innovations, it is evident that the Indian iGaming market is positioned for even greater success in the coming years.
The post How does the Indian iGaming Industry Change after the IPL 2024 — Blask Team Analytics appeared first on European Gaming Industry News.
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Amusnet has released its latest online video slot, 27 Wild Shots. This vibrant slot game blends the style of classic fruit games with the charm of a fairytale twist, led by none other than the Little Red Riding Hood herself.
The three reels burst with familiar symbols of juicy fruits, reimagined in a lively forest theme. With three reels, three reel positions and a 27 Ways Pay mechanics, the newest online video slot stands out among the variety of games available.
At the centre of the action is the Bullseye Wild symbol, which substitutes for all other symbols. Adding even more excitement, the Double Stars serve as a Scatter symbol, introducing the chance for additional combinations across the reels.
A bunch of special features make the gameplay even more colourful and engaging.
27 Ways Pay
The Reel Ways Pay bet multiplied by the bet multiplier is equal to the total bet. Win combinations may contain only one symbol in an enabled position on each consecutive reel.
Multiplier Feature
Nine of a kind from Plum, Orange, Lemon or Cherry symbols on all reels multiply the total game win by x2.
Free Spins
Three Scatter symbols on the middle positions of all three reels trigger 10 Free Spins.
Three Cherry symbols on the middle positions of all three reels trigger 1 Free Spin.
Gamble
Play the game and multiply the winnings through the Gambling feature.
Jackpot Cards
The Jackpot Cards bonus game is triggered at random during the gameplay to allow players to win impressive jackpots.
The post Amusnet Releases its Latest Online Video Slot, 27 Wild Shots appeared first on European Gaming Industry News.
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Soft2Bet releases TopBet.ro in Romania with a motorsport‑inspired identity tailored to local fans
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Soft2Bet has launched TopBet.ro, a new Romanian sportsbook designed to cater to local habits and preferences. Built with a clear focus on motorsport and match-day culture, the brand combines competitive odds and fast mobile journeys with an auto-themed identity that resonates with local fans.
From launch, TopBet.ro has been tuned to the way Romanians follow sport. Football and motorsport are front and centre, with timely markets, match-day boosts and content that reflects supporters’ weekly rituals. Romania’s proximity to major European circuits and easy short-haul travel make it a natural home for motorsport fans, and TopBet.ro responds with creative campaigns, themed missions and seasonal offers built around grand prix weekends. The same care is evident throughout the interface: clear navigation, quick bet placement, and a clean, mobile-first design.
Yoel Zuckerberg, Chief Product Officer at Soft2Bet, said: “With TopBet.ro, we set out to create a brand that feels Romanian from the first tap, then added MEGA missions and challenges that turn derby days and grand prix weekends into journeys people return to. What we prove on our own brands becomes the toolkit we offer partners, combining culturally tuned products with measurable engagement and the ability to scale with minimal integration effort.”
Brand representative from TopBet.ro commented: “TopBet.ro is designed for Romanian fans who want more from every match. Together with Soft2Bet, we built a platform that connects sport, competition, and rewards in a way that feels natural and exciting. Our goal is to give every player the chance to experience the game like a champion.”
Alongside sports, TopBet.ro offers a comprehensive casino lobby for quick breaks or a change of pace, featuring popular slots, live dealer tables, and sports-themed titles, all delivered in a mobile-first format with clear navigation and quick load times. The experience is powered by Soft2Bet’s performance-first platform, which delivers speed, stability, and smooth gameplay, along with responsible play tools tailored to local requirements. A key part of this is MEGA (Motivational Engineering Gaming Application), the engagement engine that turns play into progress through missions, challenges and quests that unlock rewards and keep sessions fresh.
The approach has already proved successful in Romania, where seasonal quests and local events are firm favourites among players. By turning everyday actions into clear milestones and rewards, MEGA lifts session depth and repeat visits, helping first-time players become long-term customers.
The post Soft2Bet releases TopBet.ro in Romania with a motorsport‑inspired identity tailored to local fans appeared first on European Gaming Industry News.
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ELA Games beckons players to step into a shadowy realm of sorcery and mystery with its newest release: Witches’ Book
Bathe in the magic as a powerful coven of three witches conjures their spells across the reels, revealing mysterious rewards and surprises. Each spin is a step toward ultimate strength, where massive riches and bubbling magic await.
The Power of the Book
In the Witches’ Book, magic shimmers in every spin. Players aim to collect enchanted pages and experience the power of each witch’s most mythical spells.
Once players gather enough enchanted pages, they complete the spellbook and choose their witch and symbol to unlock the magical Free Spins. As the witches’ power grows, every symbol has the chance to transform into a Jackpot, turning ordinary spins into powerful, enriching moments.
A medium volatility level and 94.9% RTP ensure that wins are frequent even on the base game. Additionally, multiple surprise features can arise and spread across the 5×3 reel format, making each spin a potion of excitement.
ELA Games’ Magical Touch
Witches’ Book is an enchanting embodiment of ELA Games’ philosophy regarding creative innovation and a focus on engaging gaming experiences. The games’ animations, sound design, and dynamic mechanics blend to create an atmospheric game that will have players a part of the incantation.
Marharyta Yerina, ELA Games’ Managing Director, commented on the release, “With Witches’ Book, our goal was to create a title that emphasises the visually-rich aesthetics that embody the atmosphere of the brooding festive season. Every feature and design element was meticulously crafted to keep players engaged and deliver value for our partners. Witches’ Book is an example of our development approach: leverage creativity to entertain players while driving meaningful performance results for operators.”
Discover Enchanting Riches Now
Players can dive into the mysterious world of magic and spells today, with powerful gameplay and immersive experiences.
Finish your incantation and cast a powerful, lucrative spell today.
The post ELA Games Casts Its Latest Spell with Witches’ Book appeared first on European Gaming Industry News.
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