Sports Betting Market Forecast 2019 to 2026: Top Leading Players Kindred Group, William Hill PLC, Bet365, StarsGroup.com., Betsson AB, Betway, Bwin Interactive Entertainment AG, Unibet

Global Sports Betting Market is set to witness a substantial CAGR of 9.45% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand for real- time sports streaming and rise in internet speeds are the factor for the growth of this market.

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Competitive Analysis and Key Market Competitors:

Global sports betting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sports betting market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Few of the major competitors currently working in the global sports betting market are the 888 Group, GVC Holdings PLC., Kindred Group, William Hill PLC, Bet365, StarsGroup.com., Betsson AB, Betway, Bwin Interactive Entertainment AG, Unibet, Stakers Limited, Kambi Group plc, Royal Panda, MansionBet among others

The Global Sports Betting Market report is a well-researched market manual which intends to look at the advancements of Sports Betting Market including its market improvement, advancement, position and others. It offers informative learning available parts like leading players, drivers and limitations, creation, income, utilization, import and export, and the best advancement inside the association size, organization type, inside, division contained all through this examination, likewise major the players have utilized different systems, for example, new product dispatches, extensions, understandings, joint endeavors, associations, acquisitions and others.

The Sports Betting Market report is a summary to the investigation of FMCG industry and gives inside-out information about definition, arrangements, applications, and commitment. SWOT investigation is the strategy to tell any market's qualities and shortcomings (for example drivers and limits) so readers may get aware about the strategies to adopt and what to maintain a strategic distance from. This report gives the CAGR value change on the forecast time of 2019-2026. It reports and evaluates recent industry developments as well as highlights the change in market dynamics.

Market Driver:

Increasing emergence of machine learning in sports betting will drive the growth

Growing consolidation in sports betting market will also propel the market

Rising popularity of e- sports tournaments among population will also accelerate the market

Increasing penetration of internet- based devices is also contributing propels the growth of this market

Market Restraints:

Strict regulations by government in various countries will hamper the market growth

Risk associated with the huge losses will also hamper the growth of this market

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Key Developments in the Market:

In June 2019, Newgioco Group announced the launch of their mobile sports betting platform which is specially designed for the international deployment. This new mobile platform is designed on the powerful and modular ELYS sports betting engine. The modular design allows Newgioco mobile to quickly go-to-market with plug-and-play features and helps the player to get required bet tickets instantly

In July 2019, New York announced the launch of their sports betting with the launch of the Rivers Casino & Resort in Schenectady. This will help them to attract more players to their city and is good news for the people who worked very hard to make legal sports wagering a reality

Segmentation: Global Sports Betting Market

By Game Type

Association Football
American Football
Basketball, Hockey
Mixed Martial Arts
Boxing
Horse racing
Auto racing, Golf
Tennis
Cricket
Hockey

By Application

Draw games
Instant Games
Lotto
Numbers Games
Others

By Platform

Online
Offline

By Type

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

By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

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