Blask: Top 5 iGaming Markets by Growth and Decline
The analytics platform Blask has shared a new weekly report with the iGN editorial team, outlining the week-over-week dynamics of iGaming markets based on the Blask Index.
The iGN editorial team highlights the key data for the period February 16–22.
Markets with the Highest Growth
+18.3% — Ethiopia
Growth was recorded following a 16.5% decline the previous week. No specific driver for the increase was identified.
+13.9% — South Korea
The final week of the 2026 Winter Olympic Games. The national team secured first and second place in the women’s 1500m short track and won gold in the women’s relay. An additional factor was the three-day holiday for the Korean New Year (Seollal), from February 16 to 18.
+13.9% — Malaysia
The national football Super League resumed after a three-week break. Six matches were played on February 21–22.
+12.3% — Czech Republic
The men’s national ice hockey team lost to Canada in overtime in the Olympic quarterfinals on February 18.
+10.3% — Azerbaijan
FC Qarabag reached the UEFA Champions League playoffs for the first time in the club’s history but lost 1–6 at home to Newcastle FC on February 18.
Markets with the Largest Decline
−46.2% — India
A correction following a 42.5% increase the previous week. The ICC Men’s T20 World Cup moved into the Super Eights stage, with no national team matches played between February 16 and 21, followed by a loss to South Africa on February 22.
−23.3% — Sri Lanka
A correction after a 73% increase the previous week. The group stage of the T20 World Cup concluded, followed by a loss to Zimbabwe on February 19 and a break ahead of the Super Eights stage.
−21.5% — Romania
On February 16, the Senate approved two bills: raising the minimum legal gambling age from 18 to 21 and banning iGaming operator advertising from 06:00 to 00:00, including the involvement of influencers.
−16.4% — Turkey
The decline has been recorded for the seventh consecutive week amid ongoing efforts by MASAK to combat illegal gambling, including the confiscation of crypto assets worth €470 million.
−15.5% — Singapore
No specific reason for the decline was identified.
Analysts’ Commentary
According to Blask analysts, the decline in activity in India and Sri Lanka is linked to the schedule of the T20 World Cup. A rebound in activity is expected after the India vs. Zimbabwe match on February 26.
Analysts also forecast a correction in European markets following the conclusion of the Winter Olympic Games on February 23, as well as a continued decline in Turkey amid sustained regulatory pressure from MASAK.