{"id":6920,"date":"2020-06-02T01:14:53","date_gmt":"2020-06-02T01:14:53","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=6920"},"modified":"2023-08-16T10:13:03","modified_gmt":"2023-08-16T13:13:03","slug":"igaming-traffic-india","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/igaming-traffic-india","title":{"rendered":"India: iGaming sites gain 24% rise in traffic"},"content":{"rendered":"\n<p>Time spent on iGaming websites and apps also increased by 21% during the country&#8217;s lockdown.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>India.- Online gaming companies have seen a 24% rise in traffic during lockdown, a report has found.<\/p>\n\n\n\n<p>Visits to igaming sites and apps grew by 24% from February 10 to March 22. The time spent on them increased by 21% in the same period.<\/p>\n\n\n\n<p>The increase is reportedly due to professionals and students turning to online games for entertainment during India&#8217;s <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/india-extends-lockdown-casinos\" target=\"_blank\" rel=\"noreferrer noopener\">confinement measures established to fight COVID-19<\/a><\/em><\/strong>.<\/p>\n\n\n\n<p>The report from Maple Capital Advisors said the local iGaming sector is currently valued at US$930 million, but forecasts a compounded annual growth rate of 32% to US$3.7 billion by 2024, partly due to a rise in quality and more engaging gaming content.<\/p>\n\n\n\n<p>Pankaj Karna, founder and MD, Maple Capital Advisors, told The Hindu newspaper: \u201cIn these lockdown times, we see consumption has grown at least 20-30% despite significant impact on live sports, a big driver of fantasy sports gaming,\u201d <\/p>\n\n\n\n<p>He also saw increasing traction on venture capital investments in iGaming, with over US$350 million invested between 2014 and 2020. Karna expects the rate to double in the next two years. There are about 400 gaming start-ups in India.<\/p>\n\n\n\n<p>The report added that fantasy sports gaming such as Dream11 and MPL had taken a major hit due to <strong><em>postponement of IPL<\/em><\/strong> and other live sporting events in India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Time spent on iGaming websites and apps also increased by 21% during the country&#8217;s lockdown.<\/p>\n","protected":false},"author":167,"featured_media":6921,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"footnotes":""},"categories":[153,158,16334],"tags":[2141,1897,58],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6920"}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/167"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=6920"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6920\/revisions"}],"predecessor-version":[{"id":777008300,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6920\/revisions\/777008300"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/6921"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=6920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=6920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=6920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}