Global Sports Betting Market Size & Outlook, 2025-2030
Global sports betting market, 2018-2030 (US$M)
Related Markets
Global sports betting market highlights
- The global sports betting market generated a revenue of USD 100,910.9 million in 2024 and is expected to reach USD 187,392.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 11% by 2030.
- In terms of segment, online accounted for a revenue of USD 78,909.2 million in 2024.
- Online is the most lucrative platform segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 100,910.9 million |
| Market revenue in 2030 | USD 187,392.2 million |
| Growth rate | 11% (CAGR from 2025 to 2030) |
| Largest segment | Online |
| Fastest growing segment | Online |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Offline, Online |
Other key industry trends
- In terms of revenue, the North America accounted for 23.7% of the global sports betting market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 8,757.2 million by 2030.
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Sports Betting Market Scope
Sports Betting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| IGT | View profile | 11-50 | Tallahassee, Florida, United States, North America | https://www.igtsolar.com |
| International Game Technology PLC | View profile | 11016 | 10 Finsbury Square, Third Floor, London, United Kingdom, EC2A 1AF | https://www.igt.com |
| Evoke PLC | View profile | 11336 | Europort Road, Suite 601/701, Europort, Gibraltar | https://www.evokeplc.com |
| Sportech PLC | View profile | 154 | Collins House, Rutland Square, Midlothian, Edinburgh, United Kingdom, EH1 2AA | https://www.sportechplc.com |
| Churchill Downs Inc | View profile | 7970 | 600 North Hurstbourne Parkway, Suite 400, Louisville, KY, United States, 40222 | https://www.churchilldownsincorporated.com |
| Entain PLC | View profile | 29582 | 25 Charterhouse Square, London, United Kingdom, EC1M 6AE | https://www.entaingroup.com |
| Betsson AB Class B | View profile | 2210 | Regeringsgatan 28, Stockholm, Sweden, 111 53 | https://www.betssonab.com |
| Flutter Entertainment PLC | View profile | 23009 | Beech Hill Road, Belfield Office Park, Clonskeagh, Dublin, Ireland, 4 | https://www.flutter.com |
| Kindred Group PLC SEDR | View profile | 2352 | C/o Camilleri Presiosi, South Street, Level 2, Valletta Buildings, Valletta, Malta, VLT 1103 | https://www.kindredgroup.com |
Global sports betting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sports betting market will help companies and investors design strategic landscapes.
Online was the largest segment with a revenue share of 78.2% in 2024. Horizon Databook has segmented the Global sports betting market based on offline, online covering the revenue growth of each sub-segment from 2018 to 2030.
The market is witnessing new technological developments, such as game formats (daily fantasy sports and in-play sports wagering), commercial models (social casino and virtual currency), and mobile geolocation. Therefore, mobile and desktop-based betting is expected to witness rapid growth in demand as every operator provider from the betting market has a mobile application.
Furthermore, Virtual Reality (VR) is being adopted by numerous market players in the market as various operators are investing in VR technology to increase returns and enhance customer experience. Thus, technological developments are expected to boost investments in the sports betting market.
The emergence of cryptocurrencies is another hype in the sports betting industry as people can now pay for their bets using digital currencies such as bitcoin, Ethereum, crypto tokens, and several other digital coins.
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Target buyers of Global sports betting market databook
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Our clientele includes a mix of sports betting market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global sports betting market , including forecasts for subscribers. This global databook contains high-level insights into Global sports betting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global sports betting market size, by regions, 2018-2030 (US$M)
Top 10 countries: Sports betting market size, 2024 (US$M)
Global sports betting market share, by platform, 2024 & 2030 (%, US$M)
Sports betting market: Opportunity assessment by country
Global sports betting market, by region, 2024 (US$M)
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