South America Sports Betting Market to 2032
Overview
The South America Sports Betting Market is expected to reach a 28,158.75 USD Billion by 2032 and is projected to grow at a CAGR of 12.46% from 2025 to 2032.
Revenue, 2024 (USD Billion)
14,385.30
Forecast, 2032 (USD Billion)
28,158.75
CAGR, 2024 - 2032
12.46%
Report Coverage
South America
South America Sports Betting Market 2018-2032 USD Billion
South America Sports Betting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 14,385.30 USD Billion
- Projected Market Size (2032): 28,158.75 USD Billion
- CAGR (2025-2032): 12.46%
Key Findings of South America Sports Betting Market
- The South America Sports Betting Market was valued at 14,385.30 USD Billion in 2024.
- The South America Sports Betting Market is likely to grow at a CAGR of 12.46% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Racing in Sports Segment accounted for the largest share of the market with a revenue of 10,755.33 USD Billion
- The fastest growing segment Casinos in Operator Segment grew Fastest with a CAGR of 13.27% during the forecast period from 2024 to 2032.
South America Sports Betting Market Scope
South America Sports Betting Market Segmentation & Scope
Sports
- Non-Racing
- Racing
Platform
- Offline
- Online
Operator
- Others
- Off-Track Sports Betting
- Lotteries Operator
- Video Gaming Terminals
- Concession Operators
- Coin-Operated Gambling Device
- Bookmakers
- Card Rooms
- Bingo Halls
- Casinos
Type
- Others
- Pari Mutuel
- E-Sports
- Spread Betting
- Daily Fantasy
- Exchange Betting
- Fixed Odd Betting
- Line-in-play
Age Group
- Baby Boomers
- Gen Z
- Gen X
- Gen Y/Millennials
South America Sports Betting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 14,385.30 USD Billion |
| Market Value in 2032 | 28,158.75 USD Billion |
| CAGR (2025-2032) | 12.46% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Sports,Platform,Operator,Type,Age Group |
Regional Insights:
-
Leading Market (2024-2032): South America, leading in terms of revenue 14,385.30 USD Billion in 2024
- Key Country: Brazil, leading in terms of revenue with value of 9,675.08 USD Billion in 2024.
Segments and Scope
-
South America Sports Betting Market to 2032, By Sports
- Racing is the largest segment in South America Sports Betting Market to 2032 with a revenue of 10,755.33 USD Billion in the year 2024.
- Non-Racing is the Fastest growing segment in South America Sports Betting Market to 2032 with a Growth rate of 12.25 % in forecast period 2025-2032.
-
South America Sports Betting Market to 2032, By Platform
- Online is the largest segment in South America Sports Betting Market to 2032 with a revenue of 9,844.40 USD Billion in the year 2024.
- Online is the Fastest growing segment in South America Sports Betting Market to 2032 with a Growth rate of 12.58 % in forecast period 2025-2032.
-
South America Sports Betting Market to 2032, By Operator
- Casinos is the largest segment in South America Sports Betting Market to 2032 with a revenue of 4,347.33 USD Billion in the year 2024.
- Casinos is the Fastest growing segment in South America Sports Betting Market to 2032 with a Growth rate of 13.27 % in forecast period 2025-2032.
-
South America Sports Betting Market to 2032, By Type
- Line-in-play is the largest segment in South America Sports Betting Market to 2032 with a revenue of 3,176.41 USD Billion in the year 2024.
- Line-in-play is the Fastest growing segment in South America Sports Betting Market to 2032 with a Growth rate of 13.21 % in forecast period 2025-2032.
-
South America Sports Betting Market to 2032, By Age Group
- Gen Y/Millennials is the largest segment in South America Sports Betting Market to 2032 with a revenue of 6,297.65 USD Billion in the year 2024.
- Gen X is the Fastest growing segment in South America Sports Betting Market to 2032 with a Growth rate of 12.27 % in forecast period 2025-2032.
South America Sports Betting Market Company Share Analysis
| Company Name |
|
||
| Sun International | |||
| FEG | |||
| Flutter Entertainment plc | |||
| LAS VEGAS SANDS CORPORATION | |||
| Entain | |||
South America Sports Betting Market Geographical Sales Distribution, 2018-2032 USD Billion
South America Sports Betting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South America Sports Betting Market is segmented based on Segmentation Sports,Platform,Operator,Type,Age Group.
South America Sports Betting Market was valued at USD 14,385.30(Revenue in USD Billion) in 2021.
South America Sports Betting Market is projected to grow at a CAGR of 12.46% during the forecast period of 2024 to 2032.
The Racing segment is expected to dominate the South America Sports Betting Market, holding a largest market share of 10,755.33 USD Billion in 2024
South America Sports Betting Market Scope
South America Sports Betting Market Segmentation & Scope
Sports
- Non-Racing
- Racing
Platform
- Offline
- Online
Operator
- Others
- Off-Track Sports Betting
- Lotteries Operator
- Video Gaming Terminals
- Concession Operators
- Coin-Operated Gambling Device
- Bookmakers
- Card Rooms
- Bingo Halls
- Casinos
Type
- Others
- Pari Mutuel
- E-Sports
- Spread Betting
- Daily Fantasy
- Exchange Betting
- Fixed Odd Betting
- Line-in-play
Age Group
- Baby Boomers
- Gen Z
- Gen X
- Gen Y/Millennials
Frequently Asked Questions
The South America Sports Betting Market is segmented based on Segmentation Sports,Platform,Operator,Type,Age Group.
South America Sports Betting Market was valued at USD 14,385.30(Revenue in USD Billion) in 2021.
South America Sports Betting Market is projected to grow at a CAGR of 12.46% during the forecast period of 2024 to 2032.
The estimated market value of the South America Sports Betting Market for final year is USD 28,158.75 (USD Billion).
South America Sports Betting Market Company Profiling
Frequently Asked Questions
The South America Sports Betting Market is segmented based on Segmentation Sports,Platform,Operator,Type,Age Group.
South America Sports Betting Market was valued at USD 14,385.30(Revenue in USD Billion) in 2021.
South America Sports Betting Market is projected to grow at a CAGR of 12.46% during the forecast period of 2024 to 2032.
The estimated market value of the South America Sports Betting Market for final year is USD 28,158.75 (USD Billion).
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