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Online Sports Betting Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

08-31-2023 07:19 AM CET | IT, New Media & Software

Press release from: Orion Market Research

Online Sports Betting Market is Anticipated to Increase at

The global online sports betting market is anticipated to grow at a CAGR of 12.5% during the forecast period (2023-2030). The primary factor supporting the market growth includes the rising adoption of several strategic initiatives such as mergers & acquisitions, collaborations, and product launches to stay competitive in the market. For instance,

· In May 2022, William Hill, launched its flagship brand with the intention of dramatically increasing its market share in Latvia. William Hill also intends to exploit the existing media contracts with unique creatives created around the Brotherhood brand concept. The fundamental notion here is the capacity of sports and to unite people.

· In September 2022, Bet365, successfully launched its online sports betting service in the state of Colorado. The sportsbook operator made its betting application available to the market by leveraging one of Century Casinos' master licenses with the state. Through this cooperation, Bet365 was able to quickly launch its cutting-edge platform and provide bettors in Colorado with an enticing selection of sports betting alternatives.

· In May 2023, Kindred announced that its new proprietary tech platform is live in New Jersey. The launch is a crucial next step in Kindred's mission to use cutting-edge technology to better responsible and the consumer experience

To Request a Sample of our Report on Online Sports Betting Market: https://www.omrglobal.com/request-sample/online-sports-betting-market

Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Type

· By Sports Type

· By Device

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Landscape -888 Holdings Plc., Betsson AB, Bet 365 Group Ltd., Entain Plc, and others.

A full Report of Online Sports Betting Market is Available @ https://www.omrglobal.com/industry-reports/online-sports-betting-market

Online Sports Betting Market Report Segment

By Type

• Line-In-Play

• Fixed Old Betting

• Daily Fantasy

• E-Sports

• Exchange Betting

• Others (Spread Betting, Pari Mutuel betting)

By Sports Type

• Football

• Cricket

• Tennis

• Others (Basketball, Hockey, Baseball)

By Device

• Desktop

• Mobile

Online Sports Betting Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

• Every Matrix

• FanUp Inc.

• Galaxy Entertainment Group Ltd.

• Kairos Group

• Kindred Group plc

• MGM Resorts International

• NOVIBET

• Peermont Global Proprietary Ltd.

• Resorts World at Sentosa Pte. Ltd.

• Rivalry Ltd.

• RTSmunity a.s.

• SJM Holdings Limited

• SKY INFOTECH

• Sportradar AG

• Sun International

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/online-sports-betting-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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