Sports Betting Market Growth, Demand and Challenges of the Key Industry Players 2028

1
Global Sports Betting Market Research and
Forecast Report 2023-2028




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2
About IMARC Group
Report Description
International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all regions
and industry verticals to identify their
highest-value opportunities, address their most
critical challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Sports Betting Market Research Report
2023-2028 According to the latest report by
IMARC Group, titled "Sports Betting Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028," the global
sports betting market size reached US 85.9
Billion in 2022. Sports betting refers to
gambling activities that involve placing a wager
on the result of a sporting event. It relies on
bookmakers that operate online as well as offline
establishments, such as casinos or betting shops.
It allows wagers to bet on various sports, such
as rugby, baseball, tennis, hockey, track
cycling, basketball, boxing, auto racing,
football, and cricket. It has two possible
outcomes, such as winning a profit based on the
bookmaker odds or losing the bet. It is highly
affordable, comprises research on various teams
and delivers plenty of entertainment value. It
offers excitement while watching a live game and
provides opportunities to win additional
money. Request for a PDF sample of this report
https//www.imarcgroup.com/sports-betting-market/r
equestsample

4
Report Description and Highlights
Report Description
Global Sports Betting Market Trends At
present, the growing demand for media coverage of
sporting events across the globe represents one
of the primary factors driving the market.
Besides this, the live broadcasting of various
sports through local and cable television
stations, satellite services, and the internet is
offering lucrative growth opportunities to
industry investors. In addition, major companies
are investing in research and development (RD)
activities to simplify their platforms and
provide an enhanced experience to players.
Moreover, the growing digital infrastructure,
along with the increasing demand for wireless
connectivity, such as wireless local area
networks (WLANs), and cell phone, wireless
sensor, satellite communication, and terrestrial
microwave networks, is positively influencing the
market. Additionally, there is a rise in the
number of individuals engaging in sports betting
to seek extra income with entertainment. This,
coupled with technological advancements in sports
betting, such as the 5G network, artificial
intelligence (AI), and blockchain technologies,
is strengthening the growth of the market. Apart
from this, governing agencies of several
countries are undertaking initiatives to legalize
sports betting activities, which is offering a
favorable market outlook. View Report TOC,
Figures and Tables https//www.imarcgroup.com/spo
rts-betting-market

5
Report Description and Highlights
Report Description

• Key Market Segmentation
• The research report includes the following
  segments
• Breakup by Platform
• Offline
• Online
•  
• Breakup by Betting Type
• Fixed Odds Wagering
• Exchange Betting
• Live/In Play Betting
• Pari-Mutuel
• eSports Betting
• Others
• Breakup by Sports Type
• Football
• Basketball
• Baseball
• Horse Racing

6
Report Description and Highlights
Report Description

•  
• Cricket
• Hockey
• Others
• Breakup by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
•  

7
Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• 888 Holdings PLC
• Bet365 Group Ltd.
• Bet-at-home.com AG (BetClic Everest Group S.A.S.)
• Betfred
• Betsson
• DraftKings Inc.
• Entain plc
• Flutter Entertainment plc
• International Game Technology PLC
• Kindred Group plc
• Sportech PLC
• TwinSpires (Churchill Downs Incorporated).
•  

8
Key Questions Answered in the Report
Report Description

• How has the global sports betting market
  performed so far and how will it perform in the
  coming years?
• What has been the impact of COVID-19 on the
  global sports betting market?
• What are the key regional markets?
• What is the breakup of the market based on the
  platform?
• What is the breakup of the market based on the
  betting type?
• What is the breakup of the market based on the
  sports type?
• What are the various stages in the value chain of
  the industry?
• What are the key driving factors and challenges
  in the industry?
• What is the structure of the global sports
  betting market and who are the key players?
• What is the degree of competition in the
  industry?
•  

9
Table of Contents
Report Description
1    Preface2    Scope and Methodology    2.1
   Objectives of the Study    2.2  
 Stakeholders    2.3    Data Sources       
2.3.1    Primary Sources        2.3.2  
 Secondary Sources    2.4    Market Estimation 
      2.4.1    Bottom-Up Approach        2.4.2  
 Top-Down Approach    2.5    Forecasting
Methodology3    Executive Summary4  
 Introduction    4.1    Overview    4.2    Key
Industry Trends5    Global Sports Betting
Market    5.1    Market Overview    5.2  
 Market Performance    5.3    Impact of
COVID-19    5.4    Market Forecast

10
Table of Contents
Report Description
6    Market Breakup by Platform    6.1  
 Offline        6.1.1 Market Trends       
6.1.2 Market Forecast    6.2    Online       
6.2.1 Market Trends        6.2.2 Market
Forecast7    Market Breakup by Betting Type   
7.1     Fixed Odds Wagering        7.1.1 Market
Trends        7.1.2 Market Forecast     7.2    
Exchange Betting        7.2.1 Market Trends   
    7.2.2 Market Forecast    7.3     Live/In
Play Betting        7.3.1 Market Trends       
7.3.2 Market Forecast          Click here to
visit the complete table of content with list of
figures and tables https//www.imarcgroup.com/spo
rts-betting-market/toc

11
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
12
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
13
Report Description and Highlights
Report Description

2022 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
14

Contact Us