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Sports Betting Market Set to Surge From $93.62 Billion in 2023 to $190.48 Billion by 2030 at a 10.78% CAGR

12-20-2024 08:24 AM CET | Consumer Goods & Retail

Press release from: MAXIMIZE MARKET RESEARCH PVT.LTD

Sports Betting Market

Sports Betting Market

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global sports betting market is witnessing remarkable growth, driven by technological advancements, regulatory updates, and increased consumer interest. According to the latest research, the market was valued at USD 93.62 billion in 2023 and is projected to reach USD 190.48 billion by 2030, growing at a CAGR of 10.78 % from 2024 to 2030.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/31896/

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

Sports betting, both online and offline, has evolved significantly with the rise of mobile applications, live streaming integrations, and partnerships between betting platforms and major sports leagues. The industry is undergoing a wave of consolidation as companies pursue mergers and acquisitions to expand their market share and enhance technological capabilities.

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ข๐ง ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐†๐ซ๐จ๐ฐ๐ญ๐ก

Vietnam's sports betting market is emerging as a hotspot due to recent regulatory changes allowing limited legal betting on international football matches. Companies such as ๐•๐ข๐ง๐ ๐ซ๐จ๐ฎ๐ฉ and ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ ๐‹๐จ๐ญ๐ญ๐ž๐ซ๐ฒ have been exploring partnerships to leverage this opportunity. Recent investments in mobile platforms are expected to boost the market further.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง

Thailand's market has witnessed significant growth due to its thriving tourism industry and a burgeoning interest in sports. Companies like Betway and SBOBET are enhancing their presence through strategic partnerships. The government's gradual consideration of relaxed regulations hints at future expansion opportunities.

๐‰๐š๐ฉ๐š๐ง ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The legalization of integrated resorts in Japan has paved the way for betting opportunities, particularly in horse racing and football. Key players such as Japan Racing Association (JRA) are driving innovation in digital betting platforms. Partnerships with technology providers have enhanced customer experience, contributing to significant market growth.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/31896/

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ข๐ง ๐„๐ฆ๐ž๐ซ๐ ๐ข๐ง๐  ๐“๐ซ๐ž๐ง๐๐ฌ

South Korea's sports betting market is thriving with advancements in eSports betting. Companies such as ๐Š๐‘๐€ and ๐๐ž๐ญ365 have heavily invested in digital solutions to attract tech-savvy consumers. The country's increasing interest in global sports leagues is expected to bolster market growth in the coming years.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ฌ ๐’๐ก๐š๐ฉ๐ข๐ง๐  ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐ 

Singapore remains a regulated market, with limited operators like ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž ๐๐จ๐จ๐ฅ๐ฌ dominating the industry. Recent updates include investments in cybersecurity to ensure safe betting experiences. Partnerships between local and international firms are driving technological advancements and enhancing consumer trust.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐Ž๐ง๐ฅ๐ข๐ง๐ž ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ๐ฌ

The US sports betting market continues to grow rapidly post the repeal of PASPA. Companies such as ๐ƒ๐ซ๐š๐Ÿ๐ญ๐Š๐ข๐ง๐ ๐ฌ, ๐…๐š๐ง๐ƒ๐ฎ๐ž๐ฅ, and ๐‚๐š๐ž๐ฌ๐š๐ซ๐ฌ ๐„๐ง๐ญ๐ž๐ซ๐ญ๐š๐ข๐ง๐ฆ๐ž๐ง๐ญ are leading the industry with innovative platforms and partnerships with major sports leagues. Recent mergers include ๐Œ๐†๐Œ ๐‘๐ž๐ฌ๐จ๐ซ๐ญ๐ฌ acquiring ๐๐ž๐ญ๐Œ๐†๐Œ, highlighting the consolidation trend.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฒ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ

Europe remains the largest market for sports betting, with countries like the UK, Germany, and France leading the charge. Companies such as ๐–๐ข๐ฅ๐ฅ๐ข๐š๐ฆ ๐‡๐ข๐ฅ๐ฅ, ๐๐ž๐ญ๐Ÿ๐š๐ข๐ซ, and 888 ๐‡๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ are leveraging AI to personalize betting experiences. Recent M&A activities include ๐…๐ฅ๐ฎ๐ญ๐ญ๐ž๐ซ ๐„๐ง๐ญ๐ž๐ซ๐ญ๐š๐ข๐ง๐ฆ๐ž๐ง๐ญ merging with ๐“๐ก๐ž ๐’๐ญ๐š๐ซ๐ฌ ๐†๐ซ๐จ๐ฎ๐ฉ, consolidating their market position.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/31896/

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐๐ฅ๐š๐ญ๐Ÿ๐จ๐ซ๐ฆ

Online
Offline

๐›๐ฒ ๐†๐š๐ฆ๐ž ๐“๐ฒ๐ฉ๐ž

Football
Baseball
Basketball
Hockey
Cricket
Boxing
Horse racing
Other

๐›๐ฒ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐“๐ฒ๐ฉ๐ž

Fixed Odds Wagering
Exchange Betting
Live/In-Play Betting
eSports Betting
Others

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/market-report/global-sports-betting-market/31896/

๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Betson AB
2. Flutter Entertainment PLC
3. DraftKings Co., Ltd.
4. Kindred Group PLC
5. 1XBET
6. 22BET
7. Sports Pesa
8. FORTUNA ENTERTAINMENT GROUP
9. LAS VEGAS SANDS CORPORATION (U.S.),
10. Entain (U.K.),
11. MGM Resorts International
12. Wynn Resorts Holdings LLC.
13. NOVIBET (Greece)
14. Galaxy Entertainment Group Limited
15. Resorts World at Sentosa Pte. Ltd.
16. Sun International
17. RTSmunity a.s.
18. Sky Infotech
19. Peermont Global Proprietary Limited
20. SJM Holdings Limited
21. Sportradar AG
22. FanUp Inc.
23. Rivalry Ltd.
24. EveryMatrix
25. Kairos Group

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ™ฆ Global Zero Waste Packaging Market https://www.maximizemarketresearch.com/market-report/global-zero-waste-packaging-market/45252/

โ™ฆ Golf Apparel Market https://www.maximizemarketresearch.com/market-report/golf-apparel-market/187718/

โ™ฆ Golf Trolley Market https://www.maximizemarketresearch.com/market-report/golf-trolley-market/187842/

โ™ฆ Government And Education Logistics Market https://www.maximizemarketresearch.com/market-report/government-and-education-logistics-market/198727/

โ™ฆ Hair Gel Market https://www.maximizemarketresearch.com/market-report/hair-gel-market/203377/

โ™ฆ Hair Straightener Market https://www.maximizemarketresearch.com/market-report/hair-straightener-market/194961/

โ™ฆ Handbag Market https://www.maximizemarketresearch.com/market-report/handbag-market/147819/

โ™ฆ Hangover Cure Products Market https://www.maximizemarketresearch.com/market-report/hangover-cure-products-market/218803/

โ™ฆ Hard Luxury Goods Market https://www.maximizemarketresearch.com/market-report/hard-luxury-goods-market/49102/

โ™ฆ Headwear Market https://www.maximizemarketresearch.com/market-report/headwear-market/187996/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports โ€ฆ
Global Sports Tourism Market 2019-2023: With the rise in Global Sports Tourism Market, the need for niche Market has grown by a staggering rate. This has resulted in a major push in the Global Sports Tourism ย ย ย Market Industry Market. With Global Sports Tourism ย ย ย Market gaining traction across the globe including the developing Markets of APAC and Africa, many software providers have jumped onto the software bandwagon to develop and provide Globalโ€ฆ
09-21-2018 | Sports
ReportsWeb
Sports Tourism Market Breakdown of Leading Market Playerโ€™s 2018-2022: Great At โ€ฆ
ReportsWeb.com has announced the addition of the โ€œGlobal Sports Tourism Market Size Status and Forecast 2018-2022โ€ The report classifies the global Sports Tourism Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Sports Tourism market, analyzes and researches the Sports Tourism development status and forecast in United States, EU, Japan, China, India and Southeastโ€ฆ
02-15-2017 | Sports
MarketResearchReports.biz
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By โ€ฆ
"The Report US Licensed Sports Merchandise Market: Trends, Opportunities and Forecasts (2016-2021) (By Segment - Sports Apparel, Sports Footwear, Sports Equipment -Videogames, Sporting goods and Toys; By Leagues - NFL, NBA, MLB, NHL; By Key Players - Competitive Landscape) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" MarketResearchReports has announced the addition of a new research report providing an executive-level blueprintโ€ฆ