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Odds On Sports
Global value of online sports betting – $46 billion
Global value of overall sports betting – $250 billion
Leading online gambling firm by market value – Paddy Power Betfair ($10 billion)
Amount spent on legal sports betting globally – $70 billion
Over 50% of US citizens admitted to placing a bet on a sporting event at least once in their life.
eSports have grown more in terms of betting volume than any other sector of sports betting.
Sports betting accounts for over 40% of global gambling revenue.
The sports betting market will grow by $144.44 billion between 2020 and 2024 (Source: Technavio)
Sports betting accounts for over 40% of global gambling revenue.
The year-over-year growth rate for 2020 is estimated at 12,91%.
49% of the growth will originate from APAC (Asia-Pacific) countries.
The projected growth rate of Asia’s sports betting market outpaces any other region in the world.
The increasing legalization of sports betting will create new growth opportunities for market vendors.
The US sports betting market has a market cap of between $60-73 billion.
The market has grown at a rate of $10 billion per year.
Over 50% of US citizens admitted to placing a bet on a sporting event at least once in their life.
American sports betting is projected to account for an increasingly significant share of the world market.