China Sports Betting Market to 2032
Overview
The China Sports Betting Market is expected to reach a 14,056.76 USD Billion by 2032 and is projected to grow at a CAGR of 13.16% from 2025 to 2032.
Revenue, 2024 (USD Billion)
6,934.83
Forecast, 2032 (USD Billion)
14,056.76
CAGR, 2024 - 2032
13.16%
Report Coverage
China
China Sports Betting Market 2018-2032 USD Billion
China Sports Betting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 6,934.83 USD Billion
- Projected Market Size (2032): 14,056.76 USD Billion
- CAGR (2025-2032): 13.16%
Key Findings of China Sports Betting Market
- The China Sports Betting Market was valued at 6,934.83 USD Billion in 2024.
- The China Sports Betting Market is likely to grow at a CAGR of 13.16% 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 4,390.89 USD Billion
- The fastest growing segment Line-in-play in Type Segment grew Fastest with a CAGR of 19.85% during the forecast period from 2024 to 2032.
China Sports Betting Market Scope
China Sports Betting Market Segmentation & Scope
Type
- Pari Mutuel
- Spread Betting
- Others
- Daily Fantasy
- E-Sports
- Exchange Betting
- Fixed Odd Betting
- Line-in-play
Platform
- Online
- Offline
Sports
- Racing
- Non-Racing
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
China Sports Betting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 6,934.83 USD Billion |
| Market Value in 2032 | 14,056.76 USD Billion |
| CAGR (2025-2032) | 13.16% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Platform,Sports,Operator,Age Group |
Regional Insights:
-
Leading Market (2024-2032): China, leading in terms of revenue 6,934.83 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 6,934.83 USD Billion in 2024.
Segments and Scope
-
China Sports Betting Market to 2032, By Type
- Line-in-play is the largest segment in China Sports Betting Market to 2032 with a revenue of 1,971.92 USD Billion in the year 2024.
- Line-in-play is the Fastest growing segment in China Sports Betting Market to 2032 with a Growth rate of 19.85 % in forecast period 2025-2032.
-
China Sports Betting Market to 2032, By Platform
- Offline is the largest segment in China Sports Betting Market to 2032 with a revenue of 4,034.47 USD Billion in the year 2024.
- Online is the Fastest growing segment in China Sports Betting Market to 2032 with a Growth rate of 11.35 % in forecast period 2025-2032.
-
China Sports Betting Market to 2032, By Sports
- Non-Racing is the largest segment in China Sports Betting Market to 2032 with a revenue of 4,390.89 USD Billion in the year 2024.
- Non-Racing is the Fastest growing segment in China Sports Betting Market to 2032 with a Growth rate of 12.93 % in forecast period 2025-2032.
-
China Sports Betting Market to 2032, By Operator
- Casinos is the largest segment in China Sports Betting Market to 2032 with a revenue of 1,835.57 USD Billion in the year 2024.
- Casinos is the Fastest growing segment in China Sports Betting Market to 2032 with a Growth rate of 18.10 % in forecast period 2025-2032.
-
China Sports Betting Market to 2032, By Age Group
- Gen Y/Millennials is the largest segment in China Sports Betting Market to 2032 with a revenue of 2,984.76 USD Billion in the year 2024.
- Gen Y/Millennials is the Fastest growing segment in China Sports Betting Market to 2032 with a Growth rate of 16.98 % in forecast period 2025-2032.
China Sports Betting Market Company Share Analysis
| Company Name |
|
||
| Sun International | |||
| FEG | |||
| Flutter Entertainment plc | |||
| LAS VEGAS SANDS CORPORATION | |||
| Entain | |||
China Sports Betting Market Geographical Sales Distribution, 2018-2032 USD Billion
China Sports Betting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The China Sports Betting Market is segmented based on Segmentation Type,Platform,Sports,Operator,Age Group.
China Sports Betting Market was valued at USD 6,934.83(Revenue in USD Billion) in 2021.
China Sports Betting Market is projected to grow at a CAGR of 13.16% during the forecast period of 2024 to 2032.
The Non-Racing segment is expected to dominate the China Sports Betting Market, holding a largest market share of 4,390.89 USD Billion in 2024
China Sports Betting Market Scope
China Sports Betting Market Segmentation & Scope
Type
- Pari Mutuel
- Spread Betting
- Others
- Daily Fantasy
- E-Sports
- Exchange Betting
- Fixed Odd Betting
- Line-in-play
Platform
- Online
- Offline
Sports
- Racing
- Non-Racing
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
Frequently Asked Questions
The China Sports Betting Market is segmented based on Segmentation Type,Platform,Sports,Operator,Age Group.
China Sports Betting Market was valued at USD 6,934.83(Revenue in USD Billion) in 2021.
China Sports Betting Market is projected to grow at a CAGR of 13.16% during the forecast period of 2024 to 2032.
The estimated market value of the China Sports Betting Market for final year is USD 14,056.76 (USD Billion).
China Sports Betting Market Company Profiling
Frequently Asked Questions
The China Sports Betting Market is segmented based on Segmentation Type,Platform,Sports,Operator,Age Group.
China Sports Betting Market was valued at USD 6,934.83(Revenue in USD Billion) in 2021.
China Sports Betting Market is projected to grow at a CAGR of 13.16% during the forecast period of 2024 to 2032.
The estimated market value of the China Sports Betting Market for final year is USD 14,056.76 (USD Billion).
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