The global sports betting market is expected to grow at a CAGR of +9% over 2018-2025. The sports betting market is caused by the significant expenditure of gamers and online platform users who can make money easily. As the number of users logging every hour increases, virtual games are getting more attention. The main audience for sports betting includes the ages of 16-23 and the second audience (26+). In older age groups, betting rooms such as Lumi and Lottery exist, while the latter age groups actively deal with soccer, hockey, cricket, car racing, horse racing and dog racing.
Among the mentioned, horse racing and dog racing are legal in most countries. Betting on football, hockey and cricket is limited in many countries. But huge amounts of scandals and illegal betting are hampering the market growth of sports betting activities. In many countries, it is expected that the illegal market will be checked during the forecast period according to the strict laws of the government.
Geographic divisions for the sports betting market include North America, South America, Europe, Asia-Pacific, the Middle East and Africa. Asia Pacific dominates the sports betting market due to the presence of digital platforms, user adoption of online bets, and the presence of significant markets in APAC’s various regions. Also, as demand for online gaming related to money gaming increases, it greatly contributes to the sports gambling market.
Top Key Players Included in This Report: 888 Holdings, Betfair, Bwin, Party Digital Entertainment, Unibet, William Hill, Amaya, BET365, bet-at-home, BetAmerica, Betfred, Betsson, DraftKings, FanDuel, Gala Coral, Ladbrokes, Sportech.
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The study presents a qualitative and quantitative analysis of the Sports Betting market, its key segments, regulatory landscape, and competitive scenario, and recent developments. A detailed analysis of factors expected to drive and challenge the growth of the market as well as the trends that decide consumer inclination are highlighted. The report utilizes a variety of primary and secondary research methodologies for gathering quantitative as well as qualitative data on global as well as regional fronts. With the help of a number of industry-best analytical methods, the vast amount of market data thus gathered is filtered and narrowed down to the details that matter the most to companies operating in the global Sports Betting market or aspiring to enter it.
The report gives an overview of the impact of the key drivers, restraints, and popular trends in the global Sports Betting market. These factors are examined on both, regional as well as the global front, for varying levels of depth of market study. The regulatory scenario of the market, with the help of details of key rules, regulations, plans, and policies in the market, is also examined, presenting an overview of the factors that affect a variety of decisions in the global Sports Betting market.
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The report, with the help of detailed business profiles, project feasibility analysis, SWOT analysis, and several other details about the key companies operating in the global Sports Betting market, presents a detailed analytical account of the market’s competitive landscape. The report also presents an overview of the impact of recent developments on market’s future growth prospects.
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Table of Contents
Global Sports Betting Market Research Report
Chapter 1 Sports Betting Market Overview
Chapter 2 Economic Impact on Industry
Chapter 3 Market Competition by Manufacturers
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Sports Betting Market Forecast