Sports betting is a type of gambling activity that involves predicting the outcome of a sports activity and placing wagers accordingly.
During 2019, the land-based sports betting segment accounted for the highest share in the global sports betting market, however the segment will lose some of its share to the online sports betting during the forecast period due to the popularity of digital betting platforms. The high growth prospects of online sports betting are mainly due to the large number of passionate viewers of games like NFL, NBL, FIFA, and Indian Premier League (IPL). The online sports betting market is quite popular in Europe owing to several football matches held in the region each year.
APAC will continue its dominance in the sports betting market during the forecast period and is likely to occupy around 45% of the overall market revenue. The major reason for this region\'s growth is the easy government regulation and improved spending capability of the populace. The increased penetration of internet has created awareness among people about the latest online entertainment and gambling trends, especially in sports. Macau and Hong Kong are the major revenue generating countries in APAC.
The report offers detailed coverage of Sports Betting industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Sports Betting by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Sports Betting market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Sports Betting market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
William Hill
GVC Holdings
888 Holdings
Kindred Group
Paddy Power Betfair
Amaya gaming
Bet365 Group
Bet-at-home.com
BetAmerica
Betfred
Betsson
Draft Kings
Fan duel
Gala coral group
Ladbrokes
Sportech
TVG
Twinspires
Watch and Wager
At the same time, we classify Sports Betting according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Sports Betting market for the forecast period 2020 - 2025?
• What are the driving forces in the Sports Betting market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Sports Betting industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?