Global Sports Betting Market Outlook, 2019-2023 - Leading Players are 888 Holdings, Flutter Entertainment, GVC Holdings, Kindred Group, and William Hill - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 10, 2019--
The “Global Sports Betting Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The sports betting market analysis considers sales through offline and online segments. Betting is prevalent across sports such as soccer, tennis, horse racing, baseball, basketball, cricket, and others. The analysis also considers sports betting in APAC, Europe, MEA, North America, and South America.
In 2018, the offline segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as privacy and trust issues with online betting will significantly help the market segment in maintaining its leading position.
Also, the global sports betting report has observed market growth factors such as the digital revolution, increasing commercialization of sports events, and legalization of sports betting. However, stringent government regulations and restrictions, scandals and illegal practices in betting, and socioeconomic impact of sports betting may hamper the growth of the sports betting industry over the forecast period.
Legalization of sports betting
The popularity of sports betting is growing owing to the legalization of the activity by many governments. As a result, the viewership for sports events will increase, augmenting revenues for sports associations and organizations. As a result, the legalization of sports betting will lead to the expansion of the sports betting market at a CAGR over 10% during the forecast period.
Emergence of machine learning in sports betting
The use of machine learning tools and methods is gaining prevalence in sport betting. This is because the technology can make almost precise to absolute accurate predictions. This trend will have a positive impact on the overall market growth.
With the presence of several major players, the global sports betting market is fragmented. The robust vendor analysis is designed to help clients in improving their market positions, and in line with this, this report provides a detailed analysis of several leading sports betting manufacturers, which include:
Also, the Sports betting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PLATFORM
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: MARKET SEGMENTATION BY TYPE OF SPORTS
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/kiayqh
View source version on businesswire.com:https://www.businesswire.com/news/home/20190910005698/en/
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INDUSTRY KEYWORD: SPORTS CASINO/GAMING ENTERTAINMENT GENERAL SPORTS
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 09/10/2019 09:33 AM/DISC: 09/10/2019 09:33 AM