Sports Betting Market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 9.2% in the forecast period of 2023 to 2030 and is expected to reach USD 297,638.20 million by 2030.
The information, statistics, facts and figures delivered via this report helps companies in Sports Betting Market industry to maximize or minimize the production of goods depending on the conditions of demand. Sports betting markets are similar to traditional financial markets in several aspects. Sports betting markets potentially have much in common with stock markets. Events on which wagers are made could be anything from more traditional activities such as dog or horse to sports like American football and soccer. Bets are normally made through bookmakers which is also known as sports books.
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Europe dominates the sports betting market in terms of revenue during the forecast period. This is due to the increasing demand for sports betting in this region. Europe region leads the sports betting market because of the safety laws and regulations for online as well as offline betting in hregion
During the projected period, Asia-Pacific is anticipated to be the fastest developing region due to the increasing number of people betting on sports events for example, football, cricket, hockey, and basketball in this region.
The sports betting market is segmented on the basis of platform, type, sport type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Platform
- Online
- Offline
Type
- Line-In-Play
- Fixed Old Betting
- Exchange Betting
- Daily Fantasy
- Spread Betting
- E-Sports
- Pari-Mutuel
- Others
Sports Type
- Football
- Baseball
- Basketball
- Hockey
- Cricket
- Tennis
- Golf
- Boxing
- Horse Riding
- Auto Racing
- Others
Application
- Draw games
- Instant Games
- Lotto
- Numbers Games
- Others
Highlight of Table of Content:
§ Chapter 1: Market overview
§ Chapter 2: Sports Betting Market analysis
§ Chapter 3: Regional analysis of the Sports Betting Market
§ Chapter 4: Market segmentation based on types and applications
§ Chapter 5: Revenue analysis based on types and applications
§ Chapter 6: Market share
§ Chapter 7: Competitive Landscape
§ Chapter 8: Drivers, Restraints, Challenges, and Opportunities
§ Chapter 9: Gross Margin and Price Analysis
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Some of the major players operating in the sports betting market are:
- william Hill (U.K.)
- Entain (U.K.)
- 888 Holdings (Spain)
- Kindred Group plc (Malta)
- Flutter Entertainment plc (Ireland)
- The Stars Group inc, (Canada)
- Bet365 (U.K.)
- Bet-at-home.com (Germany)
- BetAmerica (U.S.)
Profound Questions Answered in this Report:
· What is the growth rate of various stages in the value chain of the industry?
· Which region has the highest growth rate and size of the emerging market by value in 2021?
· Who are the competitive players in Sports Betting Market?
· Which region has the largest share and degree of competition in the industry?
· What is the CAGR of the market during the forecast period 2021 to 2030?
· Which region is expected to hold the highest market share for the market?
· What is the main driver of the Sports Betting Market?
· What is sales volume, revenue, and price analysis of top players of the market?
· What are the market opportunities and threats faced by the vendors in the industry?
· What has been the impact of COVID-19 on Sports Betting Market?
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