Press release
Virtual Sports Betting Market Likely to Boost Future Growth by 2032: Pinnacle, Bet365, William Hill
HTF MI published the latest report, titled, "Virtual Sports Betting Market is Segmented by Type (Simulation, Live Betting, Mobile Betting), Application (Sports Betting, Gaming, Entertainment): Global Opportunity Analysis and Industry Forecast, 2024-2032". The Virtual Sports Betting Market has seen a market size of USD 2.5 billion in 2023 and is estimated to reach USD 6.0 billion by 2030, growth at a CAGR of 14.5%. Historically, back in 2019, the Virtual Sports Betting market saw a value of USD 1.2 billion and since then the market has recovered completely and shown robust growth.Some of the major players such as Bet365 (UK), William Hill (UK), DraftKings (USA), FanDuel (USA), Betfair (UK), Playtech (UK), Kambi Group (Sweden), Pinnacle (Curacao), Sportingbet (UK), Betway (Malta), Inspired Entertainment (USA), 888 Holdings (Gibraltar)
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ ๐ https://www.htfmarketreport.com/sample-report/3329880-2020-2025-global-virtual-sports-betting-market-report-production-and-consumption-professional-analysis?utm_source=Krati_OpenPR&utm_id=Krati
Definition:
Virtual sports betting allows users to place bets on simulated sports events that use random number generators to determine outcomes. It combines the thrill of traditional sports betting with the excitement of instant results. The market has gained traction as more consumers engage with digital platforms for gaming and entertainment. The convergence of technology and gaming has enabled enhanced user experiences, including live streaming of virtual events, creating a new avenue for revenue generation in the betting industry.
Market Trends:
Growth of eSports, integration with live streaming
Market Drivers:
Increasing adoption of online gam-bling, rise in mobile usage
Market Challenges:
Regulatory issues and market saturation
๐๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ 20% ๐จ๐ง ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ https://www.htfmarketreport.com/request-discount/3329880-2020-2025-global-virtual-sports-betting-market-report-production-and-consumption-professional-analysis?utm_source=Krati_OpenPR&utm_id=Krati
Important Features that are under offering & key highlights of the Virtual Sports Betting market report:
1) What Market data break-up does a basic version of this report cover other than players' information?
Virtual Sports Betting Product Types In-Depth: Simulation, Live Betting, Mobile Betting
Virtual Sports Betting Major Applications/End users: Sports Betting, Gaming, Entertainment
Geographical Analysis: North America, Europe has shown robust growth in the Virtual Sports Betting market and the Asia-Pacific region is growing at the fastest pace.
2) What are the companies profiled in the basic version of the report? Is it possible to customize the list
Players that are currently profiled in the study are "Bet365 (UK), William Hill (UK), DraftKings (USA), FanDuel (USA), Betfair (UK), Playtech (UK), Kambi Group (Sweden), Pinnacle (Curacao), Sportingbet (UK), Betway (Malta), Inspired Entertainment (USA), 888 Holdings (Gibraltar) Yes, the list can also be customized, a maximum of 5-6 players can be swapped with the list of your target competition.
The list of players mentioned may vary in the final report subject to Name Change / M&A activity in recent years. Final confirmation about the players would be provided by the research team depending upon the difficulty of the survey.
๐ ๐จ๐ซ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐ฏ๐๐ง๐๐จ๐ซ ๐ฅ๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐๐ง๐ ๐ข๐ญ๐ฌ ๐จ๐๐๐๐ซ๐ข๐ง๐ ๐ฌ, ๐๐ฎ๐ฒ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ข๐ญ๐ข๐จ๐ง ๐๐จ๐ฐ ๐ https://www.htfmarketreport.com/buy-now?format=1&report=3329880-2020-2025-global-virtual-sports-betting-market-report-production-and-consumption-professional-analysis?utm_source=Krati_OpenPR&utm_id=Krati
3) What all regions or countries are covered? Can we have a list of countries of my choice?
Currently, the basic version research report focuses on regions such as North America, Europe, Asia-Pacific etc. The list of countries can be customized as per your interest and final confirmation would be dependent upon the feasibility test and data availability in the research repository.
4) How can we include Segmentation / Market breakdown of Business Interest? Is it possible to get information on Market Makers
Yes, the inclusion of additional segments is very much possible subject to data availability and the difficulty of the survey. At times our client requests market makers' information that can be covered on special request after considering requirements with the Analyst group of HTF MI.
** Depending upon the requirement the deliverable time and quote will vary.
๐ ๐ซ๐๐ช๐ฎ๐๐ง๐ญ๐ฅ๐ฒ ๐๐ฌ๐ค๐๐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ (๐ ๐๐)
1. What are the present scale and future growth prospects of the Virtual Sports Betting Market?
Answer: The Virtual Sports Betting Market size reached a valuation of USD 2.5 billion in 2023, with projections to achieve USD 6.0 billion by 2030, demonstrating a CAGR of 14.5 % from 2024 to 2030.
2. What is the current state of the Virtual Sports Betting market?
Answer: As of the latest data, the Virtual Sports Betting market is experiencing growth, stability, and challenges.
3. Who are the key players in the Virtual Sports Betting market?
Answer: Bet365 (UK), William Hill (UK), DraftKings (USA), FanDuel (USA), Betfair (UK), Playtech (UK), Kambi Group (Sweden), Pinnacle (Curacao), Sportingbet (UK), Betway (Malta), Inspired Entertainment (USA), 888 Holdings (Gibraltar) are the Prominent players in the Virtual Sports Betting market, known for their notable characteristics and strengths.
4. What factors are driving the growth of the Virtual Sports Betting market?
Answer: The growth of the Virtual Sports Betting market can be attributed to factors such as key driver technological advancements, increasing demand, and regulatory support.
5. Are there any challenges affecting the Virtual Sports Betting market?
Answer: The Virtual Sports Betting market's challenges include competition, regulatory hurdles, and economic factors.
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ซ ๐๐ฎ๐๐ซ๐ฒ, ๐๐ข๐ฌ๐ข๐ญ ๐https://www.htfmarketreport.com/reports/3329880-2020-2025-global-virtual-sports-betting-market-report-production-and-consumption-professional-analysis
Actual Numbers & In-Depth Risk & Return Analysis of ยซKeywordยป Market with Opportunities Available in Final Report.
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like Complete America, LATAM, Europe, Nordic regions, Oceania or Southeast Asia, or Just Eastern Asia.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Virtual Sports Betting Market Likely to Boost Future Growth by 2032: Pinnacle, Bet365, William Hill here
News-ID: 3765482 • Views: โฆ
More Releases from HTF Market Intelligence Consulting Pvt. Ltd.

Travel Accommodation Market Is Booming So Rapidly: NH Hotel Group, Kimpton Hotel โฆ
HTF MI just released the Global Travel Accommodation Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies in Travel Accommodation Market are: Marriott International (United States),โฆ

Precision Genomic Testing Market May See a Big Move | Major Giants- Illumina, BG โฆ
HTF MI just released the Global Precision Genomic Testing Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies in Precision Genomic Testing Market are: Illumina Inc.โฆ

Collateral Management Market All Sets For Continued Outperformance
HTF MI just released the Global Collateral Management Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies in Collateral Management Market are: Hong Kong Exchanges andโฆ

Medical Professional Liability Insurance Market Doubtless To Enhance Future Prog โฆ
HTF MI just released the Global Medical Professional Liability Insurance Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies in Medical Professional Liability Insurance Market are:โฆ
More Releases for Betting
Betting on the Future: E-Sports Betting Market Trends and Projections 2024
The new report published by The Business Research Company, titled E-Sports Betting Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the E-sports betting market size has grown rapidly in recent years. It will grow from $9.96 billion in 2023โฆ
The Sports Betting Academy: A pioneer in sports betting education
Established expertise since 2018
Founded in 2018, the Sports Betting Academy has quickly established itself as a leading provider in the field of sports betting training. It has received numerous awards from ProvenExpert, including the title of top service provider and top recommendation in the years 2020 to 2024.
Extensive learning opportunities
Over 3000 participants have already benefited from the Academy's wide range of courses, from online courses to an intensive live coachingโฆ
Global Online & Betting Market Size - By Product Type( , ,Social Gaming,Lottery, โฆ
Online & Betting Market Snapshot: Insight into Market Trends and Movements
Online and betting involve placing wagers on various games and events via digital platforms, encompassing games, sports, and . The industry has seen substantial growth driven by technological advancements and increasing smartphone usage. A notable trend is the rise of live dealer games, enhancing user experience by simulating a physical environment.โฆ
Transforming the Cricket Betting Landscape: The Innovative Melbetapk.com Betting โฆ
Prepare to embark on a thrilling journey as we redefine the landscape of cricket betting with unparalleled features and innovation. In the dynamic realm of mobile betting, Melbetapk.com stands out as a game-changer, introducing a revolutionary Betting app tailored explicitly for cricket enthusiasts. Embracing the Mobile Betting Surge Gone are the days of traditional betting; the future is mobile. The surge in mobile betting is undeniable, and Melbetapk.com is atโฆ
Online Gambling and Betting Market Provision of Online Betting and Gambling Plat โฆ
Global Online Gambling and Betting Market: Snapshot
The global online gambling and betting market is primarily being driven by an increasing adoption of high-speed internet services in mobile devices. The overall demand for live streaming of sports and games videos through online portals and mobile devices is growing at a very high rate and provides players from the global online gambling and betting market the opportunity to integrate their betting servicesโฆ
Arbitrage betting
At the point when the excite of normal wagering has gone, you have turned from punter to genuine games speculator, and you might want to spend your ends of the week stuck to a PC screen chipping away at something truly mischievously troublesome yet perhaps unpleasantly lucrative, then, dear companion, the time has come to give arbitrage a go. Arbitrage, you say, yes... I caught wind of that from myโฆ