Global Sports Betting Market Growth (Status and Outlook) 2025-2031

The global Sports Betting market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

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.

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%.

LPI (LP Information)' newest research report, the “Sports Betting Industry Forecast” looks at past sales and reviews total world Sports Betting sales in 2024, providing a comprehensive analysis by region and market sector of projected Sports Betting sales for 2025 through 2031. With Sports Betting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sports Betting industry.

This Insight Report provides a comprehensive analysis of the global Sports Betting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Sports Betting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sports Betting market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sports Betting and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sports Betting.

This report presents a comprehensive overview, market shares, and growth opportunities of Sports Betting market by product type, application, key players and key regions and countries.

Segmentation by Type:
American Football
Basketball
Baseball
Soccer
Hockey
Others

Segmentation by Application:
Online Sports Betting
Land-Based Sports Betting

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
FanDuel
DraftKings
William Hill
BetMGM
BetRivers
888 Holdings
Kindred Group
Bet365 Group
Betfred
Sports Interaction
Caliente

Please note: The report will take approximately 2 business days to prepare and deliver.