Press release
Sports Betting Market: 2019 Comprehensive Study by Key Players GVC Holdings PLC., Kindred Group, William Hill PLC, Bet365, StarsGroup.com., Betsson AB, Betway
Sports Betting Market
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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), Application (Draw games, Instant Games, Lotto, Numbers Games, Others), Platform (Online, Offline), Type (Line-in-play, Fixed Old Betting, Exchange Betting, Daily Fantasy, Spread Betting, E-Sports, Pari-Mutuel, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
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.
Market Definition:
Sports betting are a kind of a gambling in which a person predicts the sports result and place a bet on the results. These bets are placed on the different sports activities such as golf, tennis, football, cricket, horse racing, hockey and others. Some of the common types of the betting are fixed old betting, line- in play, daily fantasy, pari-mutuel and others. Today, these sports betting can be done through both online and offline platforms. Some countries considered them as legal but there are few countries where sports betting is still banned.
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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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
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
Competitive Analysis:
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.
Table of Content: Global Sports Betting Market
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Sports Betting Market Landscape
Part 04: Global Sports Betting Market Sizing
Part 05: Global Sports Betting Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
And More…..Get Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-sports-betting-market
Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com
About Data Bridge Market Research
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
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