Sports Betting Market 2020-Industry Demand, Share, Size, Future Trends Plans, Growth Opportunities, Top Players- 888 Group, GVC Holdings PLC., Kindred Group, William Hill PLC, Bet365, StarsGroup.com

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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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

Complete report on Global Sports Betting Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures

Market Definition: Global Sports Betting Market

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.

Key Questions Answered in Global Sports Betting Market Report:-

Our Report offers:-

o What will the market growth rate, Overview and Analysis by Type of Global Sports Betting Market in 2026?

o What are the key factors driving, Analysis by Applications and Countries Global Sports Betting Market?

o What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Sports Betting Market?

o Who are Opportunities, Risk and Driving Force of Global Sports Betting Market?

o Who are the opportunities and threats faced by the vendors in Global Sports Betting Market? Business Overview by Type, Applications, Gross Margin and Market Share

o What are the Global Sports Betting Market opportunities, market risk and market overview of the Market?

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Top Key Players:

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

Market Drivers:

o Increasing emergence of machine learning in sports betting will drive the growth
o Growing consolidation in sports betting market will also propel the market
o Rising popularity of e- sports tournaments among population will also accelerate the market
o Increasing penetration of internet- based devices is also contributing propels the growth of this market

Market Restraints:

o Strict regulations by government in various countries will hamper the market growth
o Risk associated with the huge losses will also hamper the growth of this market

Key Developments in the Market:

o 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

o 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

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Market Segmentations:

Global Sports Betting Market is segmented on the basis of
o Game Type
o Application
o Platform
o Type
o Geography

Market Segmentations in Details:

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

By Application
o Draw games
o Instant Games
o Lotto
o Numbers Games
o Others

By Platform
o Online
o Offline

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

By Geography
North America
o U.S.
o Canada,
o Mexico

Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe

Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific

South America
o Brazil
o Rest of South America

Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA

Competitive Analysis: Global Sports Betting Market

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.

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