The global online sports betting market is anticipated to grow at a CAGR of 12.5% during the forecast period (2023-2030). The primary factor supporting the market growth includes the rising adoption of several strategic initiatives such as mergers & acquisitions, collaborations, and product launches to stay competitive in the market. For instance,
- In May 2022, William Hill, launched its flagship brand with the intention of dramatically increasing its market share in Latvia. William Hill also intends to exploit the existing media contracts with unique creatives created around the Brotherhood brand concept. The fundamental notion here is the capacity of sports and gambling to unite people.
- In September 2022, Bet365, successfully launched its online sports betting service in the state of Colorado. The sportsbook operator made its betting application available to the market by leveraging one of Century Casinos’ master licenses with the state. Through this cooperation, Bet365 was able to quickly launch its cutting-edge platform and provide bettors in Colorado with an enticing selection of sports betting alternatives.
- In May 2023, Kindred announced that its new proprietary tech platform is live in New Jersey. The launch is a crucial next step in Kindred’s mission to use cutting-edge technology to better responsible gambling and the consumer experienc
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Type
- By Sports Type
- By Device
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape –888 Holdings Plc., Betsson AB, Bet 365 Group Ltd., Entain Plc, and others.
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Online Sports Betting Market Report Segment
By Type
- Line-In-Play
- Fixed Old Betting
- Daily Fantasy
- E-Sports
- Exchange Betting
- Others (Spread Betting, Pari Mutuel betting)
By Sports Type
- Football
- Cricket
- Tennis
- Others (Basketball, Hockey, Baseball)
By Device
- Desktop
- Mobile
Online Sports Betting Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Every Matrix
- FanUp Inc.
- Galaxy Entertainment Group Ltd.
- Kairos Group
- Kindred Group plc
- MGM Resorts International
- NOVIBET
- Peermont Global Proprietary Ltd.
- Resorts World at Sentosa Pte. Ltd.
- Rivalry Ltd.
- RTSmunity a.s.
- SJM Holdings Limited
- SKY INFOTECH
- Sportradar AG
- Sun International
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