Global Sports Betting Market to 2032

Overview

The Global Sports Betting Market is expected to reach a 354,990.28 USD Billion by 2032 and is projected to grow at a CAGR of 13.27% from 2025 to 2032.

Revenue, 2024 (USD Billion)
174,223.55
Forecast, 2032 (USD Billion)
354,990.28
CAGR, 2024 - 2032
13.27%
Report Coverage
Global

Global Sports Betting Market 2018-2032 USD Billion

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

Market Growth and Projections:

  • Market Size (2024): 174,223.55 USD Billion
  • Projected Market Size (2032): 354,990.28 USD Billion
  • CAGR (2025-2032): 13.27%

Key Findings of Global Sports Betting Market

  • The Global Sports Betting Market was valued at 174,223.55 USD Billion in 2024.
  • The Global Sports Betting Market is likely to grow at a CAGR of 13.27% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Online in Platform Segment accounted for the largest share of the market with a revenue of 97,490.23 USD Billion
  • The fastest growing segment Line-in-play in Type Segment grew Fastest with a CAGR of 17.71% during the forecast period from 2024 to 2032.

Global Sports Betting Market Scope

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

Global Sports Betting Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 174,223.55 USD Billion
Market Value in 2032 354,990.28 USD Billion
CAGR (2025-2032) 13.27%
Historic Data 2016-2023
Market Segments Covered Sports,Operator,Age Group,Type,Platform

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 174,223.55 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 22,578.84 USD Billion in 2024.

Segments and Scope

  • Global Sports Betting Market to 2032, By Sports
    • Racing is the largest segment in Global Sports Betting Market to 2032 with a revenue of 93,378.40 USD Billion in the year 2024.
    • Non-Racing is the Fastest growing segment in Global Sports Betting Market to 2032 with a Growth rate of 12.64 % in forecast period 2025-2032.
  • Global Sports Betting Market to 2032, By Operator
    • Casinos is the largest segment in Global Sports Betting Market to 2032 with a revenue of 44,473.19 USD Billion in the year 2024.
    • Casinos is the Fastest growing segment in Global Sports Betting Market to 2032 with a Growth rate of 16.14 % in forecast period 2025-2032.
  • Global Sports Betting Market to 2032, By Age Group
    • Gen Y/Millennials is the largest segment in Global Sports Betting Market to 2032 with a revenue of 70,562.97 USD Billion in the year 2024.
    • Gen Y/Millennials is the Fastest growing segment in Global Sports Betting Market to 2032 with a Growth rate of 15.45 % in forecast period 2025-2032.
  • Global Sports Betting Market to 2032, By Type
    • Line-in-play is the largest segment in Global Sports Betting Market to 2032 with a revenue of 39,334.11 USD Billion in the year 2024.
    • Line-in-play is the Fastest growing segment in Global Sports Betting Market to 2032 with a Growth rate of 17.71 % in forecast period 2025-2032.
  • Global Sports Betting Market to 2032, By Platform
    • Online is the largest segment in Global Sports Betting Market to 2032 with a revenue of 97,490.23 USD Billion in the year 2024.
    • Online is the Fastest growing segment in Global Sports Betting Market to 2032 with a Growth rate of 14.05 % in forecast period 2025-2032.

Global Sports Betting Market Company Share Analysis

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

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

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

Global Sports Betting Market Company Profiling

Global Sports Betting Market Company Profiling
Frequently Asked Questions
The Global Sports Betting Market is segmented based on Segmentation Sports,Operator,Age Group,Type,Platform.
Global Sports Betting Market was valued at USD 174,223.55(Revenue in USD Billion) in 2021.
Global Sports Betting Market is projected to grow at a CAGR of 13.27% during the forecast period of 2024 to 2032.
The Online segment is expected to dominate the Global Sports Betting Market, holding a largest market share of 97,490.23 USD Billion in 2024

Global Sports Betting Market Scope

Global Sports Betting Market Segmentation & Scope
Sports
  • Non-Racing
  • Racing
Operator
  • Others
  • Off-Track Sports Betting
  • Lotteries Operator
  • Video Gaming Terminals
  • Concession Operators
  • Coin-Operated Gambling Device
  • Bookmakers
  • Bingo Halls
  • Card Rooms
  • Casinos
Age Group
  • Baby Boomers
  • Gen Z
  • Gen X
  • Gen Y/Millennials
Type
  • Others
  • Pari Mutuel
  • Daily Fantasy
  • Spread Betting
  • Exchange Betting
  • E-Sports
  • Fixed Odd Betting
  • Line-in-play
Platform
  • Offline
  • Online
Frequently Asked Questions
The Global Sports Betting Market is segmented based on Segmentation Sports,Operator,Age Group,Type,Platform.
Global Sports Betting Market was valued at USD 174,223.55(Revenue in USD Billion) in 2021.
Global Sports Betting Market is projected to grow at a CAGR of 13.27% during the forecast period of 2024 to 2032.
The estimated market value of the Global Sports Betting Market for final year is USD 354,990.28 (USD Billion).

Global Sports Betting Market Company Profiling

Global Sports Betting Market Company Profiling
Frequently Asked Questions
The Global Sports Betting Market is segmented based on Segmentation Sports,Operator,Age Group,Type,Platform.
Global Sports Betting Market was valued at USD 174,223.55(Revenue in USD Billion) in 2021.
Global Sports Betting Market is projected to grow at a CAGR of 13.27% during the forecast period of 2024 to 2032.
The estimated market value of the Global Sports Betting Market for final year is USD 354,990.28 (USD Billion).

CHOOSE LICENCE TYPE

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