The future of the industry

Until 2030, the vector of development of Nepal will be associated with tourism and digitalization.

Land-based casinos aimed at foreigners are likely to move to a "resort" model with hotels and MICE events to boost check and off-season loading.

A key fork will be the introduction of an understandable license for online betting/casino: this will reduce the share of the offshore market, introduce GGR taxation and KYC/AML standards, as well as develop rules for advertising and the protection of minors.

Fantasy sports, e-sports and cricket betting are expected to grow during international tournaments - subject to the introduction of sports integration analytics systems.

The payment infrastructure will shift to mobile wallets and instant transfers with limits and self-exclusion.

The state lottery is likely to continue digitizing sales and raffles.

Risks of the "as is" scenario - maintaining gray online and leaking the tax base; opportunities - integration with tourism, development of a responsible game and creation of a transparent regulatory model compatible with international standards.