United States Sports Betting Market Size- By Platform, By Betting Type, By Sports Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
United States Sports Betting Market Introduction and Overview
According to SPER market research, ‘United States Sports Betting Market Size- By Platform, By Betting Type, By Sports Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the United States Sports Betting Market is predicted to reach USD 27.76 billion by 2033 with a CAGR of 12.83%.
Sports betting is a form of gambling in which bets are placed on the results of sporting events. Betting on games is one way for fans to express their support for a specific club or opponent. Sports betting is more common in certain civilizations than others. The most popular sports leagues for bettors include boxing, track cycling, basketball, baseball, and football, among others. A thorough understanding of individuals and teams boosts the likelihood of consistent gains for sports bettors.
The US sports betting market has been significantly impacted by the COVID-19 pandemic. During the height of the outbreak, major sporting events were either canceled, postponed, or held without attendance; as a result, there was a notable drop in betting activity in the industry.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Platform, By Betting Type, By Sports Type-
Regions covered Eastern Region, Western Region, Southern Region, Northern Region
Companies CoveredBetMGM, Bet365, Fanatics Sportsbook, ESPN BET, Draftkings Inc., Others.
United States Sports Betting Market Segmentation:
By Platform:Based on the Platform, United States Sports Betting Market is segmented as; Offline, Online.
By Betting Type:Based on the Drive Type, United States Sports Betting Market is segmented as; Fixed Odds Wagering, Exchange Betting, Live/In Play Betting, Pari-Mutuel, eSports Betting, Others.
By Sports Type:Based on the Sports Type, United States Sports Betting Market is segmented as; Football, Basketball, Baseball, Horse Racing, Cricket, Hockey, Others.
By Region:This research also includes data for Eastern Region, Western Region, Southern Region, Northern Region.