Home ยป Sports Betting Market Set to Surge From $93.62 Billion in 2023 to $190.48 Billion by 2030 at a 10.78% CAGR

Sports Betting Market Set to Surge From $93.62 Billion in 2023 to $190.48 Billion by 2030 at a 10.78% CAGR

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Sports Betting Market Set to Surge From $93.62 Billion in 2023 to $190.48 Billion by 2030 at a 10.78% CAGR

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December 20, 2024February 12, 2023
Sports Betting Market Set to Surge From .62 Billion in 2023 to 0.48 Billion by 2030 at a 10.78% CAGR

Sports Betting Market

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global sports betting market is witnessing remarkable growth, driven by technological advancements, regulatory updates, and increased consumer interest. According to the latest research, the market was valued at USD 93.62 billion in 2023 and is projected to reach USD 190.48 billion by 2030, growing at a CAGR of 10.78 % from 2024 to 2030.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/31896/

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

Sports betting, both online and offline, has evolved significantly with the rise of mobile applications, live streaming integrations, and partnerships between betting platforms and major sports leagues. The industry is undergoing a wave of consolidation as companies pursue mergers and acquisitions to expand their market share and enhance technological capabilities.

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ข๐ง ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐†๐ซ๐จ๐ฐ๐ญ๐ก

Vietnam’s sports betting market is emerging as a hotspot due to recent regulatory changes allowing limited legal betting on international football matches. Companies such as ๐•๐ข๐ง๐ ๐ซ๐จ๐ฎ๐ฉ and ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ ๐‹๐จ๐ญ๐ญ๐ž๐ซ๐ฒ have been exploring partnerships to leverage this opportunity. Recent investments in mobile platforms are expected to boost the market further.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง

Thailand’s market has witnessed significant growth due to its thriving tourism industry and a burgeoning interest in sports. Companies like Betway and SBOBET are enhancing their presence through strategic partnerships. The government’s gradual consideration of relaxed regulations hints at future expansion opportunities.

๐‰๐š๐ฉ๐š๐ง ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The legalization of integrated resorts in Japan has paved the way for betting opportunities, particularly in horse racing and football. Key players such as Japan Racing Association (JRA) are driving innovation in digital betting platforms. Partnerships with technology providers have enhanced customer experience, contributing to significant market growth.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/31896/

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ข๐ง ๐„๐ฆ๐ž๐ซ๐ ๐ข๐ง๐  ๐“๐ซ๐ž๐ง๐๐ฌ

South Korea’s sports betting market is thriving with advancements in eSports betting. Companies such as ๐Š๐‘๐€ and ๐๐ž๐ญ365 have heavily invested in digital solutions to attract tech-savvy consumers. The country’s increasing interest in global sports leagues is expected to bolster market growth in the coming years.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ฌ ๐’๐ก๐š๐ฉ๐ข๐ง๐  ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐ 

Singapore remains a regulated market, with limited operators like ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž ๐๐จ๐จ๐ฅ๐ฌ dominating the industry. Recent updates include investments in cybersecurity to ensure safe betting experiences. Partnerships between local and international firms are driving technological advancements and enhancing consumer trust.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ๐ฌ

The US sports betting market continues to grow rapidly post the repeal of PASPA. Companies such as ๐ƒ๐ซ๐š๐Ÿ๐ญ๐Š๐ข๐ง๐ ๐ฌ, ๐…๐š๐ง๐ƒ๐ฎ๐ž๐ฅ, and ๐‚๐š๐ž๐ฌ๐š๐ซ๐ฌ ๐„๐ง๐ญ๐ž๐ซ๐ญ๐š๐ข๐ง๐ฆ๐ž๐ง๐ญ are leading the industry with innovative platforms and partnerships with major sports leagues. Recent mergers include ๐Œ๐†๐Œ ๐‘๐ž๐ฌ๐จ๐ซ๐ญ๐ฌ acquiring ๐๐ž๐ญ๐Œ๐†๐Œ, highlighting the consolidation trend.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฒ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ

Europe remains the largest market for sports betting, with countries like the UK, Germany, and France leading the charge. Companies such as ๐–๐ข๐ฅ๐ฅ๐ข๐š๐ฆ ๐‡๐ข๐ฅ๐ฅ, ๐๐ž๐ญ๐Ÿ๐š๐ข๐ซ, and 888 ๐‡๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ are leveraging AI to personalize betting experiences. Recent M&A activities include ๐…๐ฅ๐ฎ๐ญ๐ญ๐ž๐ซ ๐„๐ง๐ญ๐ž๐ซ๐ญ๐š๐ข๐ง๐ฆ๐ž๐ง๐ญ merging with ๐“๐ก๐ž ๐’๐ญ๐š๐ซ๐ฌ ๐†๐ซ๐จ๐ฎ๐ฉ, consolidating their market position.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/31896/

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ

Online

Offline

๐›๐ฒ ๐†๐š๐ฆ๐ž ๐“๐ฒ๐ฉ๐ž

Football

Baseball

Basketball

Hockey

Cricket

Boxing

Horse racing

Other

๐›๐ฒ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐“๐ฒ๐ฉ๐ž

Fixed Odds Wagering

Exchange Betting

Live/In-Play Betting

eSports Betting

Others

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/market-report/global-sports-betting-market/31896/

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Betson AB

2. Flutter Entertainment PLC

3. DraftKings Co., Ltd.

4. Kindred Group PLC

5. 1XBET

6. 22BET

7. Sports Pesa

8. FORTUNA ENTERTAINMENT GROUP

9. LAS VEGAS SANDS CORPORATION (U.S.),

10. Entain (U.K.),

11. MGM Resorts International

12. Wynn Resorts Holdings LLC.

13. NOVIBET (Greece)

14. Galaxy Entertainment Group Limited

15. Resorts World at Sentosa Pte. Ltd.

16. Sun International

17. RTSmunity a.s.

18. Sky Infotech

19. Peermont Global Proprietary Limited

20. SJM Holdings Limited

21. Sportradar AG

22. FanUp Inc.

23. Rivalry Ltd.

24. EveryMatrix

25. Kairos Group

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ’๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ™ฆ Global Zero Waste Packaging Market https://www.maximizemarketresearch.com/market-report/global-zero-waste-packaging-market/45252/

โ™ฆ Golf Apparel Market https://www.maximizemarketresearch.com/market-report/golf-apparel-market/187718/

โ™ฆ Golf Trolley Market https://www.maximizemarketresearch.com/market-report/golf-trolley-market/187842/

โ™ฆ Government And Education Logistics Market https://www.maximizemarketresearch.com/market-report/government-and-education-logistics-market/198727/

โ™ฆ Hair Gel Market https://www.maximizemarketresearch.com/market-report/hair-gel-market/203377/

โ™ฆ Hair Straightener Market https://www.maximizemarketresearch.com/market-report/hair-straightener-market/194961/

โ™ฆ Handbag Market https://www.maximizemarketresearch.com/market-report/handbag-market/147819/

โ™ฆ Hangover Cure Products Market https://www.maximizemarketresearch.com/market-report/hangover-cure-products-market/218803/

โ™ฆ Hard Luxury Goods Market https://www.maximizemarketresearch.com/market-report/hard-luxury-goods-market/49102/

โ™ฆ Headwear Market https://www.maximizemarketresearch.com/market-report/headwear-market/187996/

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