Sports Betting Market

Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and illegal, underground cockfighting. It is not uncommon for sports betting websites to offer wagers for entertainment events such as the Grammy Awards, the Oscars, and the Emmy Awards.
Sports Betting Market contains market size and forecasts of Sports Betting in Global, including the following market information:
Global Sports Betting Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Sports Betting market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
American Football Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Sports Betting include FanDuel, DraftKings, William Hill, BetMGM, BetRivers, 888 Holdings, Kindred Group, Bet365 Group and Betfred, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Sports Betting companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Sports Betting Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Sports Betting Market Segment Percentages, by Type, 2021 (%)
American Football
Basketball
Baseball
Soccer
Hockey
Others
Global Sports Betting Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Sports Betting Market Segment Percentages, by Application, 2021 (%)
Online Sports Betting
Land-Based Sports Betting
Global Sports Betting Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Sports Betting Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Sports Betting revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Sports Betting revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
FanDuel
DraftKings
William Hill
BetMGM
BetRivers
888 Holdings
Kindred Group
Bet365 Group
Betfred
Sports Interaction
Caliente