Press release
U.S. Sports Betting Market Projected to Reach US$ 32.63 Billion by 2032, Driven by a 10.2% CAGR
U.S. Sports Betting Market
Market Introduction:
Sports betting is the most popular form of gamble as it taps into the passion of sports fans. A bet made on a race or a game permits fans to demonstrate their comprehension of a sport or exhibit their support for a specific team or a contender. Further, to encourage fellowship amongst friends, sports betting can brighten up otherwise mundane contests.
Download Free Sample PDF Copy of the Report:
https://www.polarismarketresearch.com/industry-analysis/us-sports-betting-market/request-for-sample
Betting on tournaments of several sports often utilizes a system known as a point spread. Bookmakers decide the aggregate of points that will be of use to a specific match. A wager on the approved team needs that the better give the point spread. A bet on the underdoh team grants the bettor the point spread.
What Are Key Drivers of Market?
Renewed Popularity of Sports Betting: The growing acceptance and approval of sports betting among Americans can be attributed to several interconnected elements. There has been a significant shift in societal perspectives towards sports betting, with many now viewing it as a form of entertainment and leisure rather than something taboo. The change in the perception has been additionally eased by the gradual legalization of sports betting, indicating the progress of the U.S. sports betting market.
Growing Media Participation: The extensive media coverage of sports events, involving debates on varying forecasts, has helped familiarize the public with sports betting, making it more accessible and appealing. Additionally, the emergence of online betting platforms and mobile betting apps has made sports betting easier for Americans.
Request for a Discount on this Report Before Purchase:
https://www.polarismarketresearch.com/industry-analysis/us-sports-betting-market/request-for-discount-pricing
Which Are Major Companies in Market?
Many market contenders are focusing on the advancement of appealing websites while providing several unique deals. Key companies are mentioned below:
• Bet America
• Caesars
• clutchbet.
• Desert Diamod Sports
• Draft Kings
• Fanduel
• Fanatics
• Fanduel
• TVG
• Twinspires
What Are Key Segments Covered in Report?
The U.S. sports betting market segmentation is based on platform, type, sports, and application.
Based on platform, the online segment held the largest market share owing to the growing existence and availability of internet-fueled gadgets such as smartphones, tablets and computers, which has rendered online sports betting easier and widely open to consumers.
Based on sports, the football segment is expected to witness significant market growth during the forecast period owing to its extensive fan base and alluring sizeable recognition from bettors.
Explore The Complete Comprehensive Report Here:
https://www.polarismarketresearch.com/industry-analysis/us-sports-betting-market
Recent Developments
• March 2023: Entain, a leading company in sports betting, gaming, and interactive entertainment, announced that its unikrn brand-one of the most comprehensive esports betting platforms-has entered into a multi-year global partnership with BLAST, a prominent esports entertainment company.
Table of Contents:
4. U.S. Sports Betting Market Insights
4.1. U.S. Sports Betting Market - Industry Snapshot
4.2. U.S. Sports Betting Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Sports betting is becoming more socially acceptable and popular among Americans, leading to a surge in demand for betting services and platforms
4.2.1.2. Increasing use of internet have dominated the market.
4.2.2. Restraints and Challenges
4.2.2.1. The demand for U.S. sports betting is regulatory restrictions or limitations in certain states are expected to hinder the growth of the market.
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. U.S. Sports Betting Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. U.S. Sports Betting Market, by Platform
5.1. Key Findings
5.2. Introduction
5.2.1. U.S. Sports Betting, by Platform, 2019-2032 (USD Billion)
5.3. Online
5.3.1. U.S. Sports Betting Market, by Online, 2019-2032 (USD Billion)
5.4. Offline
5.4.1. U.S. Sports Betting Market, by Offline, 2019-2032 (USD Billion)
6. U.S. Sports Betting Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. U.S. Sports Betting Market, by Application, 2019-2032 (USD Billion)
6.3. Draw games
6.3.1. U.S. Sports Betting Market, by Draw games, 2019-2032 (USD Billion)
6.4. Instant games
6.4.1. U.S. Sports Betting Market, by Instant games, 2019-2032 (USD Billion)
6.5. Lotto
6.5.1. U.S. Sports Betting Market, by Lotto, 2019-2032 (USD Billion)
6.6. Number games
6.6.1. U.S. Sports Betting Market, by Number games, 2019-2032 (USD Billion)
6.7. Others
6.7.1. U.S. Sports Betting Market, by Others, 2019-2032 (USD Billion)
Browse More Research Reports:
Security Solutions Market:
https://www.polarismarketresearch.com/industry-analysis/security-solutions-market
Kuwait Crowdfunding Platform Market:
https://www.polarismarketresearch.com/industry-analysis/kuwait-crowdfunding-platform-market
Digital Identity Verification Blockchain Solutions Market:
https://www.polarismarketresearch.com/industry-analysis/digital-identity-verification-blockchain-solutions-market
AI System Debugging Market:
https://www.polarismarketresearch.com/industry-analysis/ai-system-debugging-market
Digital Art Authentication Blockchain Platforms Market:
https://www.polarismarketresearch.com/industry-analysis/digital-art-authentication-blockchain-platforms-market
Contact:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter
About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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 U.S. Sports Betting Market Projected to Reach US$ 32.63 Billion by 2032, Driven by a 10.2% CAGR here
News-ID: 3953558 • Views: …
More Releases from Polaris Market Research & Consulting
AI Robot Dog Market Expected to Reach USD 2,760.67 million by 2034 with Strong 1 …
The quantitative market research report published by Polaris Market Research on AI Robot Dog Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, AI Robot Dog Market size, financial data, and projected future growth. All the…
Automated Storage & Retrieval System (ASRS) Market to Reach USD 20,241.30 millio …
The quantitative market research report published by Polaris Market Research on Automated Storage and Retrieval System (ASRS) Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Automated Storage and Retrieval System (ASRS) Market size, financial data,…
Industrial Fasteners Market to Hit USD 146.83 Billion by 2034 at 4.40% CAGR
The quantitative market research report published by Polaris Market Research on Industrial fasteners Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Industrial fasteners Market size, financial data, and projected future growth. All the information presented…
Digital Map Market Projected to Reach USD 107.79 Billion by 2034, Growing at 14. …
The quantitative market research report published by Polaris Market Research on Digital Map Market aims to educate users with an in-depth understanding of a rapidly growing market. The study details important facts and figures, expert opinions, and major developments across the globe. The research study serves as a vital source of information with the historical data, Digital Map Market size, financial data, and projected future growth. All the information presented…
More Releases for Sports
Sports Tourism Market Future Business Opportunities 2024-2031 |Victory Sports To …
Latest Report, titled "Sports Tourism Market" Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The report features a comprehensive table of contents, figures, tables, and charts, as well as insightful analysis. The Sports Tourism market has been expanding significantly…
Sports Nutrition Market By Type (Sports Supplements, Sports Food, Sports Drinks, …
Global Sports Nutrition Market 2023 Research Report initially provides a basic overview of the industry that covers definition, applications and manufacturing technology, post which the report explores into the international players in the market.
Download Sample PDF at https://www.theinsightpartners.com/sample/TIPRE00006894?utm_source=OpenPR&utm_medium=10379
Key Players Analysis:
Glanbia Plc
PepsiCo Inc.
The Coca-Cola Company
LOVATE HEALTH SCIENCES
Clif Bar & Company.
BULK POWDERS
Abbott
Yakult Honsha Co., Ltd.
MUSCLEPHARM CORPORATION
GNC HOLDINGS INC
The report covers key developments in…
Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours …
A latest study released by HTF MI on Global Sports Tourism Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Sports Tourism market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are BAC…
Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports …
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 Market Industry Market. With Global Sports Tourism 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 Global…
Sports Tourism Market Breakdown of Leading Market Player’s 2018-2022: Great At …
ReportsWeb.com has announced the addition of the “Global Sports Tourism Market Size Status and Forecast 2018-2022” 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 Southeast…
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By …
"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 blueprint…
