Sports Betting Market - Global Industry Analysis

Sports Betting Market - by Platform (Online and Offline), by Type (Line-In-Play, Fixed Old Betting, Exchange Betting, Daily Fantasy, Spread Betting, E-Sports, Pari-Mutuel, and Others), and by Sports Type (Football, Baseball, Basketball, Hockey, Cricket, Tennis, Golf, Boxing, Horse Riding, Auto Racing, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021-2028

Published Date: 06-Sep-2021 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-3667 Status : Published

Sports Betting Industry gathered revenue about US$ 131.1 billion during 2020 and is slated to earn revenue of approximately US$ 179.3 billion during 2028. The sports betting market is projected to register highest gains of approximately 8.83% during 2021-2028.

Description

The report covers a forecast and an analysis of the sports betting market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion). The study includes drivers and restraints for the sports betting market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the sports betting market on a global level.

This report offers a comprehensive analysis of the global sports betting market along with market trends, drivers, and restraints of the sports betting market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the sports betting market by segmenting the market based on platform, sports type, type, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2021 to 2028. By platform, the market is bifurcated into online and offline. By type, the market is segmented into line-in-play, fixed old betting, exchange betting, daily fantasy, spread betting, e-sports, pari-mutuel, and others. By sports type, the market is segmented into football, baseball, basketball, hockey, cricket, tennis, golf, boxing, horse riding, auto racing, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries, such as the U.S., UK, France, Germany, China, India, Japan, and Brazil.

Global Sports Betting Market

The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global sports betting market, such as 888 Holdings PLC, GVC Holdings PLC, Kindred Group, Paddy Power Betfair PLC, William Hill PLC, Bet365 Group Ltd., The Stars Group Inc., DraftKings, Betsson AB, and BetAmerica, among others.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

This report segments the global sports betting market into:

Sports Betting Market: Platform Analysis

  • Online
  • Offline

Sports Betting Market: Type Analysis

  • Line-in-play
  • Fixed Old Betting
  • Exchange Betting
  • Daily Fantasy
  • Spread Betting
  • E-Sports
  • Pari-Mutuel
  • Others

Sports Betting Market: Sports Type Analysis

  • Football
  • Baseball
  • Basketball
  • Hockey
  • Cricket
  • Tennis
  • Golf
  • Boxing
  • Horse Riding
  • Auto Racing
  • Others

Sports Betting Market: Regional Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Sports Betting Market, 2021-2028, (USD Billion)
    • 2.2. Global Sports Betting Market: Market Snapshot
  •  
  • Chapter 3. Sports Betting Market- Industry Analysis
    • 3.1. Sports Betting Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Usage of betting tools
    • 3.3. Opportunities
      • 3.3.1. The popularity of virtual sports betting
    • 3.4. Restraints
      • 3.4.1. Regulations by the government
    • 3.5. Porter's Five Forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market Attractiveness Analysis by Platform Segment
      • 3.6.2. Market Attractiveness Analysis by Sports Type Segment
      • 3.6.3. Market Attractiveness Analysis by Type Segment
      • 3.6.4. Market Attractiveness Analysis by Regional Segment
  •  
  • Chapter 4. Sports Betting Market- Competitive Landscape
    • 4.1. Company Market Share Analysis, 2020 (Subject to Data Availability)
    • 4.2. Strategic Developments
    • 4.3. Acquisitions & Mergers
    • 4.4. New Product Launch
    • 4.5. Agreements, Partnerships, Collaborations, and Joint Ventures
    • 4.6. Research and Development and Regional Expansion
  •  
  • Chapter 5. Global Sports Betting Market-Platform Segment Analysis
    • 5.1. Global Sports Betting Market Overview: by Platform
      • 5.1.1. Sports Betting Market Revenue Share, by Platform, 2021-2028
    • 5.2. Online
      • 5.2.1. Global Sports Betting Market for Online, 2021-2028(USD Billion)
    • 5.3. Offline
      • 5.3.1. Global Sports Betting Market for Offline, 2021-2028 (USD Billion)
  •  
  • Chapter 6. Global Sports Betting Market - Type Segment Analysis
    • 6.1. Global Sports Betting Market Overview: by Type
      • 6.1.1. Sports Betting Market Revenue Share, by Type, 2021-2028
    • 6.2. Line-In-Play
      • 6.2.1. Global Sports Betting Market for Line-In-Play, 2021-2028 (USD Billion)
    • 6.3. Fixed Old Betting
      • 6.3.1. Global Sports Betting Market for Fixed Old Betting, 2021-2028 (USD Billion)
    • 6.4. Exchange Betting
      • 6.4.1. Global Sports Betting Market for Exchange Betting, 2021-2028 (USD Billion)
    • 6.5. Daily Fantasy
      • 6.5.1. Global Sports Betting Market for Daily Fantasy, 2021-2028 (USD Billion)
    • 6.6. Spread Betting
      • 6.6.1. Global Sports Betting Market for Spread Betting, 2021-2028 (USD Billion)
    • 6.7. E-sports
      • 6.7.1. Global Sports Betting Market for E-sports, 2021-2028 (USD Billion)
    • 6.8. Pari-Mutuel
      • 6.8.1. Global Sports Betting Market for Pari-Mutuel, 2021-2028 (USD Billion)
    • 6.9. Others
      • 6.9.1. Global Sports Betting Market for Others, 2021-2028 (USD Billion)
  •  
  • Chapter 7. Global Sports Betting Market - Sports Type Segment Analysis
    • 7.1. Global Sports Betting Market Overview: by Sports Type
      • 7.1.1. Sports Betting Market Revenue Share, by Sports Type, 2021-2028
    • 7.2. Football
      • 7.2.1. Global Sports Betting Market for Football, 2021-2028 (USD Billion)
    • 7.3. Baseball
      • 7.3.1. Global Sports Betting Market for Baseball, 2021-2028 (USD Billion)
    • 7.4. Basketball
      • 7.4.1. Global Sports Betting Market for Basketball, 2021-2028 (USD Billion)
    • 7.5. Hockey
      • 7.5.1. Global Sports Betting Market for Hockey, 2021-2028 (USD Billion)
    • 7.6. Cricket
      • 7.6.1. Global Sports Betting Market for Cricket, 2021-2028 (USD Billion)
    • 7.7. Tennis
      • 7.7.1. Global Sports Betting Market for Tennis, 2021-2028 (USD Billion)
    • 7.8. Golf
      • 7.8.1. Global Sports Betting Market for Golf, 2021-2028 (USD Billion)
    • 7.9. Boxing
      • 7.9.1. Global Sports Betting Market for Boxing, 2021-2028 (USD Billion)
    • 7.10. Horse Riding
      • 7.10.1. Global Sports Betting Market for Horse Riding, 2021-2028 (USD Billion)
    • 7.11. Auto Racing
      • 7.11.1. Global Sports Betting Market for Auto Racing, 2021-2028 (USD Billion)
    • 7.12. Others
      • 7.12.1. Global Sports Betting Market for Others, 2021-2028 (USD Billion)
  •  
  • Chapter 8. Global Sports Betting Market - Regional Analysis
    • 8.1. Global Sports Betting Market Overview: by Region
      • 8.1.1. Global Sports Betting Market Revenue Share, by Region, 2021-2028
      8.2. North America
      • 8.2.1. North America Sports Betting Market, 2021-2028 (USD Billion)
      • 8.2.2. North America Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
      • 8.2.3. North America Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
      • 8.2.4. North America Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
      • 8.2.5. The U.S.
        • 8.2.5.1. The U.S. Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
        • 8.2.5.2. The U.S. Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
        • 8.2.5.3. The U.S. Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe Sports Betting Market, 2021-2028 (USD Billion)
      • 8.3.2. Europe Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
      • 8.3.3. Europe Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
      • 8.3.4. Europe Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
      • 8.3.5. UK
        • 8.3.5.1. UK Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
        • 8.3.5.2. UK Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
        • 8.3.5.3. UK Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
      • 8.3.6. France
        • 8.3.6.1. France Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
        • 8.3.6.2. France Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
        • 8.3.6.3. France Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
        • 8.3.7.2. Germany Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
        • 8.3.7.3. Germany Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Sports Betting Market, 2021-2028 (USD Billion)
      • 8.4.2. Asia Pacific Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
      • 8.4.3. Asia Pacific Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
      • 8.4.4. Asia Pacific Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
      • 8.4.5. China
        • 8.4.5.1. China Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
        • 8.4.5.2. China Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
        • 8.4.5.3. China Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
        • 8.4.6.2. Japan Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
        • 8.4.6.3. Japan Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
      • 8.4.7. India
        • 8.4.7.1. India Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
        • 8.4.7.2. India Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
        • 8.4.7.3. India Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America Sports Betting Market, 2021-2028 (USD Billion)
      • 8.5.2. Latin America Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
      • 8.5.3. Latin America Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
      • 8.5.4. Latin America Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
        • 8.5.5.2. Brazil Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
        • 8.5.5.3. Brazil Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Sports Betting Market, 2021-2028 (USD Billion)
      • 8.6.2. The Middle East and Africa Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
      • 8.6.3. The Middle East and Africa Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
      • 8.6.4. The Middle East and Africa Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
  •  
  • Chapter 9. Company Profiles
    • 9.1. 888 Holdings PLC
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. GVC Holdings PLC
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Kindred Group
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Paddy Power Betfair PLC
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Development
    • 9.5. William Hill PLC
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Developments
    • 9.6. Bet365 Group Ltd.
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Developments
    • 9.7. The Stars Group Inc.
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Developments
    • 9.8. DraftKings
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Developments
    • 9.9. Betsson AB
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Developments
    • 9.10. BetAmerica
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Developments

Table Of Figures

List of Figures

1. Market Research Process
2. Market Research Methodology
3. Global Sports Betting Market, 2021-2028(USD Billion)
4. Porter’s Five Forces Analysis: Sports Betting Market
5. Global Sports Betting Market Attractiveness, by Platform
6. Global Sports Betting Market Attractiveness, by Type
7. Global Sports Betting Market Attractiveness, by Sports Type
8. Global Sports Betting Market Attractiveness, by Region
9. Global Sports Betting Market Revenue Share, by Platform, 2017&2024
10. Global Sports Betting Market for Online, 2021-2028 (USD Billion)
11. Global Sports Betting Market for Offline, 2021-2028 (USD Billion)
12. Global Sports Betting Market Revenue Share, by Type, 2017&2024
13. Global Sports Betting Market for Line-In-Play, 2021-2028 (USD Billion)
14. Global Sports Betting Market for Fixed Old Betting, 2021-2028 (USD Billion)
15. Global Sports Betting Market for Exchange Betting, 2021-2028 (USD Billion)
16. Global Sports Betting Market for Daily Fantasy, 2021-2028 (USD Billion)
17. Global Sports Betting Market for Spread Betting, 2021-2028 (USD Billion)
18. Global Sports Betting Market for E-Sports, 2021-2028 (USD Billion)
19. Global Sports Betting Market for Pari-Mutuel, 2021-2028 (USD Billion)
20. Global Sports Betting Market for Others, 2021-2028 (USD Billion)
21. Global Sports Betting Market Revenue Share, by Sports Type, 2017 & 2024
22. Global Sports Betting Market for Football, 2021-2028 (USD Billion)
23. Global Sports Betting Market for Baseball, 2021-2028 (USD Billion)
24. Global Sports Betting Market for Basketball, 2021-2028 (USD Billion)
25. Global Sports Betting Market for Baseball, 2021-2028 (USD Billion)
26. Global Sports Betting Market for Hockey, 2021-2028 (USD Billion)
27. Global Sports Betting Market for Cricket, 2021-2028 (USD Billion)
28. Global Sports Betting Market for Tennis, 2021-2028 (USD Billion)
29. Global Sports Betting Market for Golf, 2021-2028 (USD Billion)
30. Global Sports Betting Market for Boxing, 2021-2028 (USD Billion)
31. Global Sports Betting Market for Horse Riding, 2021-2028 (USD Billion)
32. Global Sports Betting Market for Auto Racing, 2021-2028 (USD Billion)
33. Global Sports Betting Market for Others Sports, 2021-2028 (USD Billion)
34. Global Sports Betting Market Revenue Share, by Region, 2017&2024
35. North America Sports Betting Market, 2021-2028(USD Billion)
36. Europe Sports Betting Market, 2021-2028 (USD Billion)
37. Asia Pacific Sports Betting Market, 2021-2028 (USD Billion)
38. Latin America Sports Betting Market, 2021-2028 (USD Billion)
39. The Middle East and Africa Sports Betting Market, 2021-2028 (USD Billion)


Table Of Tables

List of Tables

1. Global Sports Betting Market: Snapshot
2. Drivers for Sports Betting Market: Impact Analysis
3. Restraints of Sports Betting Market: Impact Analysis
4. North America Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
5. North America Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)  
6. North America Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)  
7. The U.S. Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
8. The U.S. Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
9. The U.S. Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
10. Rest of North America Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
11. Rest of North America Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
12. Rest of North America Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
13. Europe Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
14. Europe Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
15. Europe Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
16. UK Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
17. UK Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
18. UK Sports Betting Market Revenue, by sports Type, 2021-2028 (USD Billion)
19. France Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
20. France Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
21. France Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
22. Germany Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
23. Germany Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
24. Germany Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
25. Rest of Europe Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
26. Rest of Europe Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
27. Rest of Europe Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
28. Asia Pacific Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
29. Asia Pacific Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
30. Asia Pacific Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
31. China Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
32. China Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
33. China Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
34. Japan Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
35. Japan Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
36. Japan Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
37. India Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
38. India Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
39. India Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
40. Rest of Asia Pacific Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
41. Rest of Asia Pacific Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
42. Rest of Asia Pacific Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
43. Latin America Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
44. Latin America Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
45. Latin America Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
46. Brazil Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
47. Brazil Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
48. Brazil Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
49. Rest of Latin America Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
50. Rest of Latin America Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
51. Rest of Latin America Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)
52. The Middle East and Africa Sports Betting Market Revenue, by Platform, 2021-2028 (USD Billion)
53. The Middle East and Africa Sports Betting Market Revenue, by Type, 2021-2028 (USD Billion)
54. The Middle East and Africa Sports Betting Market Revenue, by Sports Type, 2021-2028 (USD Billion)

Methodology

Free Analysis

The sports betting market is one of the fastest growing markets in the world and continues to gain popularity among people of all generations. This market offers tremendous growth potential for both the sportspersons and the bettors. With digital revolution transforming the world every second, the sports betting market is likely to grow dynamically in the future.

In various countries across the globe, the regulations that were put earlier on betting activities are being lifted by several governments in recent years. For instance, in the U.S., the Supreme Court overturned the federal ban on professional and amateur sports protection act. Various companies, like 888 Holdings PLC, are famous for online gaming operators, such as casino, poker, etc., are making various developments in the market for attracting bettors. 888 Holdings PLC is one of the leading players in the market and has already positioned itself in the market by partnering with various companies based in the U.S. The increasing popularity of virtual sports betting is one of the major factors likely to support the market for sports betting over the forecast time period. On the other hand, the strict regulations led down by various governments of different countries across the world might hamper the development of the sports betting market on a global scale in the future.

The global sports betting market is segmented based on platform, sports type, and type. Based on platform, this global market is bifurcated into online and offline. On the basis of type, this market is segmented into line-in-play, fixed old betting, exchange betting, daily fantasy, spread betting, e-sports, pari-mutuel, and others. The sports type segment of this market comprises football, baseball, basketball, hockey, cricket, tennis, golf, boxing, horse riding, auto racing, and others.

Based on region, this global market includes Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. The Asia Pacific region held the most significant share of the sports betting market in terms of value during 2017, owing to the growing awareness of sports betting in the developing regions of China, India, etc. The North American sports betting market is likely to witness a noteworthy rate of growth over the estimated timeframe.

Some key participants operating in the global sports betting market, such as 888 Holdings PLC, GVC Holdings PLC, Kindred Group, Paddy Power Betfair PLC, William Hill PLC, Bet365 Group Ltd., The Stars Group Inc., DraftKings, Betsson AB, and BetAmerica, among others.

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