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Sports Betting Market 2023 | Business Overview, New Share, Trends Analysis, And Forecast To 2032
Sports Betting Market
The Business Research Company's Sports Betting Global Market Report 2023 identifies increase in the number of sports leagues and events is expected to propel the growth of the sports betting market. These leagues are planned to happen in a particular schedule or during a particular season, in which all the teams or members are required to participate in naming an overall champion of the event or league.
The global sports betting market size will grow from $96.84 billion in 2022 to $104.78 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The market size of global sports betting is expected to grow to $135.95 billion in 2027 at a CAGR of 6.7%.
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Major competitors in the sports betting market are 888 Holdings PLC., Bet365, Betsson AB, Churchill Downs Incorporated, Flutter Entertainment PLC., Kindred Group PLC., Sportech PLC., William Hill, DraftKings, The Stars Group Inc., BetAmerica, Web is Holdings PLC., Gala Coral, Bet-at-home, FanDuel, Betfred, Ladbrokes, Entain plc, IGT, TVG, Twinspires, Watch and Wager, Bwin, and Unibet
Implementation of AI and blockchain in sports betting applications is a key trend gaining popularity in the sports betting services market. Sport betting applications are increasingly adopting blockchain technologies to accurately automate real-time data using smart contracts, which help sports betting in payment, bet confirmations, past event analytics, monitoring, and event recording.
Read More On The Global Sports Betting Market Report Here:
https://www.thebusinessresearchcompany.com/report/sports-betting-global-market-report
The sports betting market is segmented -
• By Type: Line-in-play, Fixed Old Betting, Exchange Betting, Daily Fantasy, Spread Betting, E-Sports, Pari-Mutuel, Other Types
• By Sports Type: Football, Basketball, Baseball, Horse Racing, Cricket, Hockey, Other Sports Types
• 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.
The Business Research Company's "Global Sports Betting Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Sports Betting Market Include:
1. Sports Betting Market Executive Summary
2. Sports Betting Market Segments
3. Sports Betting Market Size And Sports Betting Market Growth Rate
4. Key Sports Betting Market Trends
5. Major Sports Betting Market Drivers
……
25. Key Mergers And Acquisitions In The Sports Betting Market
26. Top Sports Betting Companies
27. Sports Betting Market Opportunities And Strategies
28. Sports Betting Market, Conclusions And Recommendations
29. Appendix
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