Asia-Pacific sports betting market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 9.5% in the forecast period of 2023 to 2030 and is expected to reach USD 118,393.74 million by 2030. Sports betting is a financial bet on the result of one or numerous games, events/non-events of an occasion inside a game, or wagering on sports in seven days in length or season-long rivalry. Sports betting involves staking on the outcome of sporting events. Bettors attempt to predict the result of an event to win their bet - and potentially profit.
NFL, NHL, NBA, MLB, and other iconic American sports are all part of the package for sports betting. But besides that, they also offer a range of European and otherworldly sports, so online sportsbooks are a good choice if people come from other territories across the globe.
The data and information included in the credible Asia-Pacific sports betting marketing report have been derived from the reliable sources and include websites, annual reports of the companies, journals, and mergers which have been again checked and validated by the market experts. Two of the most widely used techniques namely SWOT analysis and Porter's Five Forces Analysis have been used while generating this report. This market research report gives answers to many of the critical business questions and challenges. The estimations of CAGR values are also provided in Asia-Pacific sports betting market business report which helps businesses in deciding upon the investment value over the time period.
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Asia-Pacific sports betting market is segmented into type, platform, operator, sports, and age group. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- Line-In-Play
- Fixed Old Betting
- Exchange Betting
- Daily Fantasy
- Spread Betting
- E-Sports
- Pari Mutuel
- Others
On the basis of type, the Asia-Pacific sports betting market is segmented into line-in-play, fixed old betting, exchange betting, daily fantasy, spread betting, e-sports, pari mutuel, others.
Platform
- Online
- Offline
On the basis of platform, the Asia-Pacific sports betting market is segmented into online and offline.
Sports
- Racing
- Non Racing Sports
On the basis of sports, the Asia-Pacific sports betting market is segmented into racing and non-racing sports.
Operator
- Food Grade
- Casinos
- Bingo Halls
- Card Rooms
- Bookmakers
- Coin-Operated Gambling Device
- Concession Operators
- Video Gaming Terminals
- Lotteries Operator
- Off-Track Sports Betting
- Others
On the basis of operator, the Asia-Pacific sports betting market is segmented into food grade, casinos, bingo halls, card rooms, bookmakers, coin-operated gambling device, concession operators, video gaming terminals, lotteries operator, off-track sports betting, others.
Age Group
- Gen Z
- Gen Y/Millennials
- Gen X
- Baby Boomers
On the basis of age group, the Asia-Pacific sports betting market is segmented into gen z, gen y, gen x and baby boomers.
Highlight of Table of Content:
- Chapter 1: Market overview
- Chapter 2: Sports Betting Market analysis
- Chapter 3: Regional analysis of the Sports Betting Market
- Chapter 4: Market segmentation based on types and applications
- Chapter 5: Revenue analysis based on types and applications
- Chapter 6: Market share
- Chapter 7: Competitive Landscape
- Chapter 8: Drivers, Restraints, Challenges, and Opportunities
- Chapter 9: Gross Margin and Price Analysis
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Some of the major players operating in the sports betting market are BETSSON AB, FORTUNA ENTERTAINMENT GROUP A.S., LAS VEGAS SANDS CORPORATION, bet365., Flutter Entertainment plc, 888 Holdings Plc, Entain, Kindred Group plc, MGM Resorts International, Kindred Group plc, Wynn Resorts Ltd, NOVIBET, Galaxy Entertainment Group Limited, Resorts World at Sentosa Pte. Ltd., Sun International, RTSmunity a.s., SKY INFOTECH, Peermont Asia-Pacific Proprietary Limited, SJM Holdings Limited, Sportradar AG, FanUp, Inc., Rivalry Ltd., EveryMatrix., Kairos Group, BETAMERICA, Scientific Game, ComeOn Group among others.
Profound Questions Answered in this Report:
- What is the growth rate of various stages in the value chain of the industry?
- Which region has the highest growth rate and size of the emerging market by value in 2021?
- Who are the competitive players inSports Betting Market?
- Which region has the largest share and degree of competition in the industry?
- What is the CAGR of the market during the forecast period 2021 to 2030?
- Which region is expected to hold the highest market share for the market?
- What is the main driver of the Sports Betting Market?
- What is sales volume, revenue, and price analysis of top players of the market?
- What are the market opportunities and threats faced by the vendors in the industry?
- What has been the impact of COVID-19 on Sports Betting Market?
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