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Sports Betting Industry Research Report 2023

August 2023 | 88 pages | ID: S150BDBD2CACEN
APO Research

US$ 2,950.00

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Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and illegal, underground cockfighting. It is not uncommon for sports betting websites to offer wagers for entertainment events such as the Grammy Awards, the Oscars, and the Emmy Awards.

Highlights

The global Sports Betting market is projected to reach US$ million by 2029 from an estimated US$ million in 2023, at a CAGR of % during 2024 and 2029.

For types of North America sports betting, American foodball maintained its first place in the market share in 2019, followed by basketball, baseball, soccer and hockey.

As for the applications of North America sports betting, land-based sports betting made up about 52% of the market share in 2019, while the online sports betting was around 48%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Sports Betting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sports Betting.

The Sports Betting market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Sports Betting market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Sports Betting companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue by companies for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • FanDuel
  • DraftKings
  • William Hill
  • BetMGM
  • BetRivers
  • 888 Holdings
  • Kindred Group
  • Bet365 Group
  • Betfred
  • Sports Interaction
  • Caliente
Product Type Insights

Global markets are presented by Sports Betting type, along with growth forecasts through 2029. Estimates on revenue are based on the price in the supply chain at which the Sports Betting are procured by the companies.

This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029).

Sports Betting segment by Type
  • American Football
  • Basketball
  • Baseball
  • Soccer
  • Hockey
  • Others
Application Insights

This report has provided the market size (revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029).

This report also outlines the market trends of each segment and consumer behaviors impacting the Sports Betting market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Sports Betting market.

Sports Betting Segment by Application
  • Online Sports Betting
  • Land-Based Sports Betting
Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2018-2029.

The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast revenue for 2029.
  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
    • Nordic Countries
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Australia
    • Rest of Asia
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • UAE
    • Rest of MEA
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Sports Betting market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Sports Betting market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

This report will help stakeholders to understand the global industry status and trends of Sports Betting and provides them with information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

This report stays updated with novel technology integration, features, and the latest developments in the market

This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Sports Betting industry.

This report helps stakeholders to gain insights into which regions to target globally

This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Sports Betting.

This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 6: Detailed analysis of Sports Betting companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 13: The main points and conclusions of the report.

Frequently Asked Questions
  • What factors will challenge the Product Name market growth?
  • Which end-use segment will expand at the fastest CAGR in the Product Name market?
  • Which are the emerging players in the Product Name market?
  • How concentrated is the Product Name market?
  • Which factors are positively contributing to the Product Name market growth?
  • Which are the novel product innovations in the Product Name market?
  • Which product segment will emerge as the most lucrative in the Product Name market?
  • Which factors are increasing the competition in the Product Name market?
  • Which are the strategic measures taken by the Product Name industry players?
  • Which region will witness inactive growth during the forecast period?
  • What key trends are likely to emerge in the Product Name market in the coming years?
LIST OF TABLES

Table 1. Secondary Sources
Table 2. Primary Sources
Table 3. Market Value Comparison by Type (2018 VS 2022 VS 2029) & (US$ Million)
Table 4. Market Value Comparison by Application (2018 VS 2022 VS 2029) & (US$ Million)
Table 5. Global Sports Betting Market Size by Type (2018-2023) & (US$ Million)
Table 6. Global Sports Betting Revenue Market Share by Type (2018-2023)
Table 7. Global Sports Betting Forecasted Market Size by Type (2024-2029) & (US$ Million)
Table 8. Global Sports Betting Revenue Market Share by Type (2024-2029)
Table 9. Global Sports Betting Market Size by Application (2018-2023) & (US$ Million)
Table 10. Global Sports Betting Revenue Market Share by Application (2018-2023)
Table 11. Global Sports Betting Forecasted Market Size by Application (2024-2029) & (US$ Million)
Table 12. Global Sports Betting Revenue Market Share by Application (2024-2029)
Table 13. Global Sports Betting Market Size by Region (US$ Million): 2018 VS 2022 VS 2029
Table 14. Global Sports Betting Market Size by Region (2018-2023) & (US$ Million)
Table 15. Global Sports Betting Market Share by Region (2018-2023)
Table 16. Global Sports Betting Forecasted Market Size by Region (2024-2029) & (US$ Million)
Table 17. Global Sports Betting Market Share by Region (2024-2029)
Table 18. Sports Betting Market Trends
Table 19. Sports Betting Market Drivers
Table 20. Sports Betting Market Challenges
Table 21. Sports Betting Market Restraints
Table 22. Global Top Sports Betting Manufacturers by Revenue (US$ Million) & (2018-2023)
Table 23. Global Sports Betting Revenue Market Share by Manufacturers (2018-2023)
Table 24. Global Sports Betting Industry Manufacturers Ranking, 2021 VS 2022 VS 2023
Table 25. Global Key Players of Sports Betting, Headquarters and Area Served
Table 26. Global Sports Betting Manufacturers, Product Type & Application
Table 27. Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 28. Global Sports Betting by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue of 2022)
Table 29. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 30. North America Sports Betting Market Growth Rate by Country: 2018 VS 2022 VS 2029 (US$ Million)
Table 31. North America Sports Betting Market Size by Country (2018-2023) & (US$ Million)
Table 32. North America Sports Betting Market Size by Country (2024-2029) & (US$ Million)
Table 33. Europe Sports Betting Market Growth Rate by Country: 2018 VS 2022 VS 2029 (US$ Million)
Table 34. Europe Sports Betting Market Size by Country (2018-2023) & (US$ Million)
Table 35. Europe Sports Betting Market Size by Country (2024-2029) & (US$ Million)
Table 36. Asia-Pacific Sports Betting Market Growth Rate by Country: 2018 VS 2022 VS 2029 (US$ Million)
Table 37. Asia-Pacific Sports Betting Market Size by Country (2018-2023) & (US$ Million)
Table 38. Asia-Pacific Sports Betting Market Size by Country (2024-2029) & (US$ Million)
Table 39. Latin America Sports Betting Market Growth Rate by Country: 2018 VS 2022 VS 2029 (US$ Million)
Table 40. Latin America Sports Betting Market Size by Country (2018-2023) & (US$ Million)
Table 41. Latin America Sports Betting Market Size by Country (2024-2029) & (US$ Million)
Table 42. Middle East & Africa Sports Betting Market Growth Rate by Country: 2018 VS 2022 VS 2029 (US$ Million)
Table 43. Middle East & Africa Sports Betting Market Size by Country (2018-2023) & (US$ Million)
Table 44. Middle East & Africa Sports Betting Market Size by Country (2024-2029) & (US$ Million)
Table 45. FanDuel Company Detail
Table 46. FanDuel Business Overview
Table 47. FanDuel Sports Betting Product
Table 48. FanDuel Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 49. FanDuel Recent Development
Table 50. DraftKings Company Detail
Table 51. DraftKings Business Overview
Table 52. DraftKings Sports Betting Product
Table 53. DraftKings Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 54. DraftKings Recent Development
Table 55. William Hill Company Detail
Table 56. William Hill Business Overview
Table 57. William Hill Sports Betting Product
Table 58. William Hill Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 59. William Hill Recent Development
Table 60. BetMGM Company Detail
Table 61. BetMGM Business Overview
Table 62. BetMGM Sports Betting Product
Table 63. BetMGM Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 64. BetMGM Recent Development
Table 65. BetRivers Company Detail
Table 66. BetRivers Business Overview
Table 67. BetRivers Sports Betting Product
Table 68. BetRivers Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 69. BetRivers Recent Development
Table 70. 888 Holdings Company Detail
Table 71. 888 Holdings Business Overview
Table 72. 888 Holdings Sports Betting Product
Table 73. 888 Holdings Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 74. 888 Holdings Recent Development
Table 75. Kindred Group Company Detail
Table 76. Kindred Group Business Overview
Table 77. Kindred Group Sports Betting Product
Table 78. Kindred Group Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 79. Kindred Group Recent Development
Table 80. Bet365 Group Company Detail
Table 81. Bet365 Group Business Overview
Table 82. Bet365 Group Sports Betting Product
Table 83. Bet365 Group Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 84. Bet365 Group Recent Development
Table 85. Betfred Company Detail
Table 86. Betfred Business Overview
Table 87. Betfred Sports Betting Product
Table 88. Betfred Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 89. Betfred Recent Development
Table 90. Sports Interaction Company Detail
Table 91. Sports Interaction Business Overview
Table 92. Sports Interaction Sports Betting Product
Table 93. Sports Interaction Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 94. Sports Interaction Recent Development
Table 95. Caliente Company Detail
Table 96. Caliente Business Overview
Table 97. Caliente Sports BettingProduct
Table 98. Caliente Revenue in Sports Betting Business (2017-2022) & (US$ Million)
Table 99. Caliente Recent Development
Table 100. FanDuel Company Information
Table 101. FanDuel Business Overview
Table 102. FanDuel Sports Betting Revenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 103. FanDuel Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 104. FanDuel Recent Development
Table 105. DraftKings Company Information
Table 106. DraftKings Business Overview
Table 107. DraftKings Sports Betting Revenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 108. DraftKings Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 109. DraftKings Recent Development
Table 110. William Hill Company Information
Table 111. William Hill Business Overview
Table 112. William Hill Sports Betting Revenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 113. William Hill Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 114. William Hill Recent Development
Table 115. BetMGM Company Information
Table 116. BetMGM Business Overview
Table 117. BetMGM Sports Betting Revenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 118. BetMGM Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 119. BetMGM Recent Development
Table 120. BetRivers Company Information
Table 121. BetRivers Business Overview
Table 122. BetRivers Sports Betting Revenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 123. BetRivers Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 124. BetRivers Recent Development
Table 125. 888 Holdings Company Information
Table 126. 888 Holdings Business Overview
Table 127. 888 Holdings Sports Betting Revenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 128. 888 Holdings Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 129. 888 Holdings Recent Development
Table 130. Kindred Group Company Information
Table 131. Kindred Group Business Overview
Table 132. Kindred Group Sports Betting Revenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 133. Kindred Group Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 134. Kindred Group Recent Development
Table 135. Bet365 Group Company Information
Table 136. Bet365 Group Business Overview
Table 137. Bet365 Group Sports Betting Revenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 138. Bet365 Group Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 139. Bet365 Group Recent Development
Table 140. Betfred Company Information
Table 141. Betfred Business Overview
Table 142. Betfred Sports Betting Revenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 143. Betfred Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 144. Betfred Recent Development
Table 145. Sports Interaction Company Information
Table 146. Sports Interaction Business Overview
Table 147. Sports Interaction Sports Betting Revenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 148. Sports Interaction Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 149. Sports Interaction Recent Development
Table 150. Caliente Company Information
Table 151. Caliente Business Overview
Table 152. Caliente Sports BettingRevenue in Sports Betting Business (2018-2023) & (US$ Million)
Table 153. Caliente Revenue in Sports Betting Business (2018-2023) & (US$ Million) Portfolio
Table 154. Caliente Recent Development
Table 155. Authors 12. List of This Report

LIST OF FIGURES

Figure 1. Research Methodology
Figure 2. Research Process
Figure 3. Key Executives Interviewed
Figure 4. Sports Betting Product Picture
Figure 5. Global Sports Betting Market Size Comparison by Type (2023-2029) & (US$ Million)
Figure 6. Global Sports Betting Market Share by Type: 2022 VS 2029
Figure 7. American Football Product Picture
Figure 8. Basketball Product Picture
Figure 9. Baseball Product Picture
Figure 10. Soccer Product Picture
Figure 11. Hockey Product Picture
Figure 12. Others Product Picture
Figure 13. Global Sports Betting Market Size by Application (2023-2029) & (US$ Million)
Figure 14. Global Sports Betting Market Share by Application: 2022 VS 2029
Figure 15. Online Sports Betting Product Picture
Figure 16. Land-Based Sports Betting Product Picture
Figure 17. Global Sports Betting Market Size (US$ Million), Year-over-Year: 2018-2029
Figure 18. Global Sports Betting Market Size, (US$ Million), 2018 VS 2022 VS 2029
Figure 19. Global Sports Betting Market Share by Region: 2022 VS 2029
Figure 20. Global Sports Betting Market Share by Players in 2022
Figure 21. Global Sports Betting Players, Date of Enter into This Industry
Figure 22. Global Top 5 and 10 Sports Betting Players Market Share by Revenue in 2022
Figure 23. Players Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022
Figure 24. North America Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 25. North America Sports Betting Market Share by Country (2018-2029)
Figure 26. United States Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 27. Canada Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 28. Europe Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 29. Europe Sports Betting Market Share by Country (2018-2029)
Figure 30. Germany Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 31. France Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 32. U.K. Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 33. Italy Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 34. Russia Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 35. Nordic Countries Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 36. Asia-Pacific Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 37. Asia-Pacific Sports Betting Market Share by Country (2018-2029)
Figure 38. China Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 39. Japan Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 40. South Korea Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 41. Southeast Asia Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 42. India Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 43. Australia Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 44. Latin America Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 45. Latin America Sports Betting Market Share by Country (2018-2029)
Figure 46. Mexico Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 47. Brazil Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 48. Middle East & Africa Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 49. Middle East & Africa Sports Betting Market Share by Country (2018-2029)
Figure 50. Turkey Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 51. Saudi Arabia Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 52. UAE Sports Betting Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 53. FanDuel Revenue Growth Rate in Sports Betting Business (2018-2023)
Figure 54. DraftKings Revenue Growth Rate in Sports Betting Business (2018-2023)
Figure 55. William Hill Revenue Growth Rate in Sports Betting Business (2018-2023)
Figure 56. BetMGM Revenue Growth Rate in Sports Betting Business (2018-2023)
Figure 57. BetRivers Revenue Growth Rate in Sports Betting Business (2018-2023)
Figure 58. 888 Holdings Revenue Growth Rate in Sports Betting Business (2018-2023)
Figure 59. Kindred Group Revenue Growth Rate in Sports Betting Business (2018-2023)
Figure 60. Bet365 Group Revenue Growth Rate in Sports Betting Business (2018-2023)
Figure 61. Betfred Revenue Growth Rate in Sports Betting Business (2018-2023)
Figure 62. Sports Interaction Revenue Growth Rate in Sports Betting Business (2018-2023)
Figure 63. Caliente Revenue Growth Rate in Sports Betting Business (2018-2023)


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