Take Up Global Sports Betting Market Opportunities with Clear Industry Data – Includes Sports Betting Market Size
The Business Research Company’s report goes into great detail on the sports betting market size and growth, sports betting market regional analysis, sports betting market competitive landscape, and other critical information needed to excel in the sports betting industry.
Major players in the sports betting market include 888 Holdings Plc, Bet365, Betsson AB, Churchill Downs Incorporated, Flutter Entertainment Plc, Kindred Group Plc, Sportech Plc, William Hill, DraftKings, The Stars Group Inc, BetAmerica, Webis Holdings Plc, Gala Coral, Bet-at-home, FanDuel, Betfred, Ladbrokes, Entain plc, IGT, TVG, Twinspires, Watch and Wager, Bwin, and Unibet.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global sports betting market size is expected to grow from $89.65 billion in 2021 to $99.20 billion in 2022 at a compound annual growth rate (CAGR) of 10.64%. The global sports betting market size is expected to reach $144.34 billion in 2026 at a CAGR of 9.83%.
Western Europe was the largest region in the sports betting market in 2021.
The sports betting market consists of sales of sports betting services by entities (organizations, sole traders, and partnerships) that refer to both online and offline sports betting platforms used for earning profits by predicting the outcome of a sporting event. Sports betting is a type of gambling in which bets are placed on certain sporting events, for a winning amount if the player or a team betted wins the particular event. It is the process of placing wagers on the outcome of a sports event.
The increase in the number of sports leagues and events is expected to propel the growth of the sports betting market.
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Implementation of AI and blockchain in sports betting applications is a key trend gaining popularity in the sports betting services market. Sport betting applications are increasingly adopting blockchain technologies to accurately automate real-time data using smart contracts, which help sports betting in payment, bet confirmations, past event analytics, monitoring and event recording.
TBRC’s global sports betting market report is segmented:
By Type: Line-in-play, Fixed Old Betting, Exchange Betting, Daily Fantasy, Spread Betting, E-Sports, Pari-Mutuel, Other Types
By Sports Type: Football, Basketball, Baseball, Horse Racing, Cricket, Hockey, Other Sports Types
By Platform: Online, Offline
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Sports Betting Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the sports betting market globally and regionally, analyzes and forecasts market size, share, sports betting market players, sports betting market segments, leading competitor revenues, profiles and market shares
Here Is A List Of Similar Reports From The Business Research Company:
Recreation Global Market Report 2022
E-Sports Global Market Report 2022
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