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Sports Betting Market Size Report, Size, Share, Growth With Demand And Forecasts By 2032
Sports Betting Market
Sports Betting Market Size, Growth Rate, And Forecast
The global sports betting market size grew from $96.84 billion in 2022 to $104.78 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sports betting market size is expected to grow to $135.95 billion in 2027 at a CAGR of 6.7%.
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Sports Betting Market Drivers
The increase in the number of sports leagues and events is expected to propel the growth of the sports betting market. A sports league or an event is a group of clubs, countries, associations, or people trying to compete with each other in a game for a championship or a title.
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Sports Betting Market Segments
1) By Type: Line-in-play, Fixed Old Betting, Exchange Betting, Daily Fantasy, Spread Betting, E-Sports, Pari-Mutuel, Other Types
2) By Sports Type: Football, Basketball, Baseball, Horse Racing, Cricket, Hockey, Other Sports Types
3) By Platform: Online, Offline
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the Sports Betting market.
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Sports Betting Market Key Players
Major competitors in the Sports Betting market include 888 Holdings PLC., Bet365, Betsson AB, Churchill Downs Incorporated, Flutter Entertainment PLC., Kindred Group PLC.
The Table Of Content For The Sports Betting Market Include:
1. Executive Summary
2. Sports Betting Market Characteristics
3. Sports Betting Market Trends And Strategies
4. Sports Betting Market - Macro Economic Scenario
5. Sports Betting Market Size And Growth
……
27. Sports Betting Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sports Betting Market
29. Sports Betting Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Sports Betting Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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