Belgium Sports Betting Market to 2032

Overview

The Belgium Sports Betting Market is expected to reach a 1,178.07 USD Billion by 2032 and is projected to grow at a CAGR of 11.33% from 2025 to 2032.

Revenue, 2024 (USD Billion)
636.87
Forecast, 2032 (USD Billion)
1,178.07
CAGR, 2024 - 2032
11.33%
Report Coverage
Belgium

Belgium Sports Betting Market 2018-2032 USD Billion

Belgium Sports Betting Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 636.87 USD Billion
  • Projected Market Size (2032): 1,178.07 USD Billion
  • CAGR (2025-2032): 11.33%

Key Findings of Belgium Sports Betting Market

  • The Belgium Sports Betting Market was valued at 636.87 USD Billion in 2024.
  • The Belgium Sports Betting Market is likely to grow at a CAGR of 11.33% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Non-Racing in Sports Segment accounted for the largest share of the market with a revenue of 381.70 USD Billion
  • The fastest growing segment Online in Platform Segment grew Fastest with a CAGR of 12.41% during the forecast period from 2024 to 2032.

Belgium Sports Betting Market Scope

Belgium Sports Betting Market Segmentation & Scope
Operator
  • Others
  • Off-Track Sports Betting
  • Lotteries Operator
  • Video Gaming Terminals
  • Concession Operators
  • Coin-Operated Gambling Device
  • Bookmakers
  • Card Rooms
  • Bingo Halls
  • Casinos
Age Group
  • Baby Boomers
  • Gen Z
  • Gen X
  • Gen Y/Millennials
Platform
  • Online
  • Offline
Sports
  • Racing
  • Non-Racing
Type
  • Others
  • Daily Fantasy
  • Pari Mutuel
  • Exchange Betting
  • Spread Betting
  • Line-in-play
  • Fixed Odd Betting
  • E-Sports

Belgium Sports Betting Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 636.87 USD Billion
Market Value in 2032 1,178.07 USD Billion
CAGR (2025-2032) 11.33%
Historic Data 2016-2023
Market Segments Covered Operator,Age Group,Platform,Sports,Type

Regional Insights:

  • Leading Market (2024-2032): Belgium, leading in terms of revenue 636.87 USD Billion in 2024
    • Key Country: Belgium, leading in terms of revenue with value of 636.87 USD Billion in 2024.

Segments and Scope

  • Belgium Sports Betting Market to 2032, By Operator
    • Casinos is the largest segment in Belgium Sports Betting Market to 2032 with a revenue of 164.14 USD Billion in the year 2024.
    • Casinos is the Fastest growing segment in Belgium Sports Betting Market to 2032 with a Growth rate of 11.94 % in forecast period 2025-2032.
  • Belgium Sports Betting Market to 2032, By Age Group
    • Gen Y/Millennials is the largest segment in Belgium Sports Betting Market to 2032 with a revenue of 241.09 USD Billion in the year 2024.
    • Gen Y/Millennials is the Fastest growing segment in Belgium Sports Betting Market to 2032 with a Growth rate of 12.00 % in forecast period 2025-2032.
  • Belgium Sports Betting Market to 2032, By Platform
    • Offline is the largest segment in Belgium Sports Betting Market to 2032 with a revenue of 328.78 USD Billion in the year 2024.
    • Online is the Fastest growing segment in Belgium Sports Betting Market to 2032 with a Growth rate of 10.26 % in forecast period 2025-2032.
  • Belgium Sports Betting Market to 2032, By Sports
    • Non-Racing is the largest segment in Belgium Sports Betting Market to 2032 with a revenue of 381.70 USD Billion in the year 2024.
    • Non-Racing is the Fastest growing segment in Belgium Sports Betting Market to 2032 with a Growth rate of 11.54 % in forecast period 2025-2032.
  • Belgium Sports Betting Market to 2032, By Type
    • E-Sports is the largest segment in Belgium Sports Betting Market to 2032 with a revenue of 182.93 USD Billion in the year 2024.
    • Fixed Odd Betting is the Fastest growing segment in Belgium Sports Betting Market to 2032 with a Growth rate of 11.64 % in forecast period 2025-2032.

Belgium Sports Betting Market Company Share Analysis

 
Company Name Company Share Analysis
Sun International
FEG
Flutter Entertainment plc
LAS VEGAS SANDS CORPORATION
Entain
Belgium Sports Betting Market Company Share Analysis

Belgium Sports Betting Market Geographical Sales Distribution, 2018-2032 USD Billion

Belgium Sports Betting Market Geographical Sales Distribution, 2018-2032 USD Billion

Belgium Sports Betting Market Company Profiling

Belgium Sports Betting Market Company Profiling
Frequently Asked Questions
The Belgium Sports Betting Market is segmented based on Segmentation Operator,Age Group,Platform,Sports,Type.
Belgium Sports Betting Market was valued at USD 636.87(Revenue in USD Billion) in 2021.
Belgium Sports Betting Market is projected to grow at a CAGR of 11.33% during the forecast period of 2024 to 2032.
The Non-Racing segment is expected to dominate the Belgium Sports Betting Market, holding a largest market share of 381.70 USD Billion in 2024

Belgium Sports Betting Market Scope

Belgium Sports Betting Market Segmentation & Scope
Operator
  • Others
  • Off-Track Sports Betting
  • Lotteries Operator
  • Video Gaming Terminals
  • Concession Operators
  • Coin-Operated Gambling Device
  • Bookmakers
  • Card Rooms
  • Bingo Halls
  • Casinos
Age Group
  • Baby Boomers
  • Gen Z
  • Gen X
  • Gen Y/Millennials
Platform
  • Online
  • Offline
Sports
  • Racing
  • Non-Racing
Type
  • Others
  • Daily Fantasy
  • Pari Mutuel
  • Exchange Betting
  • Spread Betting
  • Line-in-play
  • Fixed Odd Betting
  • E-Sports
Frequently Asked Questions
The Belgium Sports Betting Market is segmented based on Segmentation Operator,Age Group,Platform,Sports,Type.
Belgium Sports Betting Market was valued at USD 636.87(Revenue in USD Billion) in 2021.
Belgium Sports Betting Market is projected to grow at a CAGR of 11.33% during the forecast period of 2024 to 2032.
The estimated market value of the Belgium Sports Betting Market for final year is USD 1,178.07 (USD Billion).

Belgium Sports Betting Market Company Profiling

Belgium Sports Betting Market Company Profiling
Frequently Asked Questions
The Belgium Sports Betting Market is segmented based on Segmentation Operator,Age Group,Platform,Sports,Type.
Belgium Sports Betting Market was valued at USD 636.87(Revenue in USD Billion) in 2021.
Belgium Sports Betting Market is projected to grow at a CAGR of 11.33% during the forecast period of 2024 to 2032.
The estimated market value of the Belgium Sports Betting Market for final year is USD 1,178.07 (USD Billion).

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