The global online sports betting market is anticipated to grow at a CAGR of 12.5% during the forecast period (2023-2030). The primary factor supporting the market growth includes the rising adoption of several strategic initiatives such as mergers & acquisitions, collaborations, and product launches to stay competitive in the market. For instance,
Browse the full report description of “Online Sports Betting Market Size, Share & Trends Analysis Report by Type (Line-In-Play, Fixed Old Betting, Daily Fantasy, E-Sports, Exchange Betting, and Others), by Sports Type (Football, Cricket, Tennis, and Others), and by Device (Desktop and Mobile) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/online-sports-betting-market
• In May 2022, William Hill, launched its flagship brand with the intention of dramatically increasing its market share in Latvia. William Hill also intends to exploit the existing media contracts with unique creatives created around the Brotherhood brand concept. The fundamental notion here is the capacity of sports and gambling to unite people.
• In September 2022, Bet365, successfully launched its online sports betting service in the state of Colorado. The sportsbook operator made its betting application available to the market by leveraging one of Century Casinos' master licenses with the state. Through this cooperation, Bet365 was able to quickly launch its cutting-edge platform and provide bettors in Colorado with an enticing selection of sports betting alternatives.
• In May 2023, Kindred announced that its new proprietary tech platform is live in New Jersey. The launch is a crucial next step in Kindred's mission to use cutting-edge technology to better responsible gambling and the consumer experience.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Type
o By Sports Type
o By Device
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape -888 Holdings Plc., Betsson AB, Bet 365 Group Ltd., Entain Plc, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Online Sports Betting Market Report Segment
By Type
By Sports Type
By Device
Global Online Sports Betting Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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