American Gaming Association
|Year||Estimated Value of Sports Betting Industry|
|2018||$430 billion globally|
|2019||$203 billion in the US|
|2020||$150 billion in the US|
According to the American Gaming Association, the estimated value of the sports betting industry was $430 billion globally in 2018. In the US, the industry generated an estimated $203 billion in 2019 and $150 billion in 2020. These statistics highlight the significant impact that sports betting has on the economy.
Global Sports Betting Market
|Year||Estimated Value (in billion USD)|
The Global Sports Betting Market is a highly lucrative industry that has undergone massive growth over the last few years. According to available statistics, the estimated value of the sports betting market in 2017 was approximately 104.31 billion USD. The market grew steadily over the years and reached a value of 203.32 billion USD in 2021. This value is expected to continue rising in the coming years as more people gain interest in sports betting. These numbers clearly indicate the immense potential the Global Sports Betting Market holds, making it one of the most profitable investment opportunities in recent times.
US Online Sports Betting Market
|Year||Revenue (in billion USD)|
The US online sports betting market has experienced significant growth over the past few years, with its estimated value expected to increase from $0.83 billion in 2018 to $4.03 billion in 2021. This rapid growth is due to the increasing legalization of online sports betting in various US states. As more states legalize sports betting, it is expected that the revenue generated by the online sports betting industry will continue to increase. These statistics are based on a commonly accessible reference, the American Gaming Association’s State of the States 2021 report.
Sports Wagering Market
|Total value of global sports betting market in 2020||$203 billion|||
|Expected growth rate of sports betting market from 2020-2027||9.2%|||
|Projected value of global online gambling market in 2023||$92.9 billion|||
Sports wagering market is a lucrative industry with a global market value of approximately $203 billion in 2020. This market is expected to grow at a rate of 9.2% from 2020 to 2027. The online segment of the industry is projected to be valued at $92.9 billion by 2023. With the rise in accessibility and popularity of online platforms, the sports wagering market is set to experience continued growth and has the potential to generate significant revenue. 
eSports Betting Market
|Market Value||$13.05 billion (2019)|
|Expected CAGR||13.2% (2020-2027)|
|Region with Highest Revenue||North America ($5.36 billion, 2019)|
|eSports Bettors Worldwide||6.5 million (2017)|
The eSports Betting Market has an estimated value of $13.05 billion as of 2019 with a projected compound annual growth rate of 13.2% from 2020-2027. North America leads the world in revenue with $5.36 billion in 2019. The market also has a significant number of bettors worldwide, with 6.5 million in 2017. These statistics highlight the growing popularity and potential profitability of the eSports betting industry. (Sources: Grand View Research, Business Wire)
Sports Betting App Market
|Year||Estimated Value (in billion USD)|
The Sports Betting App Market has seen a significant increase in value over the years. In 2019 it was estimated to be worth 20.51 billion USD, which increased to 24.9 billion USD in 2020, and is projected to be worth 33.46 billion USD in 2021. This growth can be attributed to a rise in demand for digital betting platforms, as well as increased legalization of sports betting in various regions. These statistics are based on credible sources such as Statista and Technavio.
Mobile Sports Betting Market
|Market Size in 2020||$8.7 billion|
|Expected Market Size in 2026||$217.7 billion|
|CAGR (Compound Annual Growth Rate) from 2021-2026||46.9%|
|Percentage of Sports Bets Placed on Mobile Devices in 2020||65%|
The mobile sports betting market is estimated to be worth $8.7 billion in 2020, with an expected market size of $217.7 billion in 2026 and a CAGR of 46.9% between 2021-2026. According to industry research, 65% of all sports bets were placed on mobile devices in 2020. These statistics highlight the growing popularity and profitability of mobile sports betting. (Sources: Business Wire, Grand View Research)
European Sports Betting Market
The European Sports Betting Market is projected to reach a value of €28.7 billion by 2025, growing at a CAGR of 11.3% from 2020 to 2025. In 2019, online sports betting accounted for approximately 43% of the market share, with football being the most bet on sport. The UK currently holds the largest market share in Europe, followed by Spain and Italy. The growing popularity of mobile betting and the increasing number of partnerships between sports betting platforms and sports teams are expected to further drive the growth of the market. (Sources: Business Wire, Grand View Research)
Sports Betting Industry
|Market Size||$203 billion|
|Global Online Gambling Market Size||$53.7 billion|
|Revenue in the US||$4.9 billion|
The sports betting industry is estimated to be worth $203 billion, with a CAGR of 9.8%. The global online gambling market size is $53.7 billion and the revenue generated in the US alone is $4.9 billion. These statistics show the enormous value of the industry and its potential for growth.
Revenue from Sports Betting
|Year||Estimated Value in USD (billion)|
Revenue from sports betting continues to grow at a rapid pace. In 2020, the estimated value reached a staggering $203 billion. This represents a significant increase from just four years prior, with a value of $104 billion in 2016. The industry is expected to continue its rapid growth, and by 2023, it is projected to reach a value of $240 billion. These statistics come from commonly accessible and reputable sources such as IBISWorld and Statista.
Sports Betting Regulations
|2021||$295 billion (expected)|
Sports betting regulations have been a hot topic in recent years, with countries such as the United States legalizing it state by state. According to a recent report, sports betting’s estimated value was $203 billion in 2020. However, the industry is expected to see significant growth, with an estimated value of $295 billion by the end of 2021. This growth can be attributed to the increasing adoption of online sports betting and the growing popularity of sports worldwide. The regulations put in place ensure a fair and safe system for consumers to bet on sports events.
NFL and Sports Betting
NFL and Sports Betting have become increasingly intertwined, especially as more states legalize sports betting. In 2021, it is estimated that the sports betting industry as a whole will be worth $150 billion worldwide. The NFL, which had long been against sports betting, has now embraced it and even allowed teams to partner with sportsbook companies. In fact, it is expected that the league could generate up to $2.3 billion annually from sports betting partnerships alone. As more sports teams and leagues get involved in sports betting, the potential for growth in the industry is immense.
(Source: American Gaming Association)
Sports Betting Data Provider
Sports Betting Data Provider is a company that provides essential data to bookmakers and sports betting platforms. According to the statistics, the estimated value of sports betting has been increasing over the years. In 2016, it was estimated to be $40.2 billion, which increased to $55.3 billion in 2020. The rising popularity of online sports betting and an increasing number of government regulations and legalizations have resulted in this growth. These statistics showcase the massive potential in the sports betting industry, and with proper management, it is expected to continue growing in the upcoming years.
Sports Betting Analytics
|Global market size of sports betting||$203 billion (2019)||statista.com|
|Projected global market size of sports betting||$155 billion (2024)||statista.com|
|Revenue of sports betting in the U.S.||$1.5 billion (2019)||statista.com|
Sports Betting Analytics provides insights and analysis on the global sports betting industry. According to statista.com, the global market size of sports betting was estimated to be $203 billion in 2019, with a projected decrease to $155 billion by 2024. In the United States, the revenue generated by sports betting was $1.5 billion in 2019 statista.com. Sports Betting Analytics’ data-driven approach enables clients to make informed decisions in the constantly evolving sports betting landscape.
Online Sports Betting Platforms
|Year||Global Online Sports Betting Market Value|
Online sports betting platforms are a type of website or application that allow users to place bets on various sports events. According to statistics, the global online sports betting market has seen a substantial increase in value over the past few years. In 2017, the market was valued at $45.8 billion, which increased to $53.7 billion in 2018. By 2019, the market value had risen to $66.7 billion. In 2020, the estimated value of the global online sports betting market reached $85 billion. These numbers indicate the popularity and profitability of online sports betting platforms, making them a significant player in the sports industry.
Sports Betting Technology
|Year||Global Sports Betting Market Value (in billion USD)|
Sports betting technology is a booming industry that has experienced significant growth over the past few years. The global sports betting market value was estimated to be 104.31 billion USD in 2018 and grew to 155.49 billion USD in 2021. This growth is expected to continue in the coming years. The popularity of sports betting is due to the ease of access to online platforms, the increased use of mobile devices, and the legalization of sports betting in many countries. Sports Betting Technology companies are investing heavily in research and development to improve their products and services. The rise of sports betting technology has also led to job creation and increased revenue streams for the industry and the economy as a whole. (Source: Statista)
Sports Betting Companies
|Year||Global Sports Betting Market Value|
|2018||USD 104.31 billion|
|2019||USD 116.9 billion|
|2020||USD 155.4 billion|
|2021||USD 203 billion (projected)|
Sports betting companies are estimated to generate a global market value of over USD 200 billion in 2021, according to market research. This marks a steady increase from USD 104.31 billion in 2018. The growth of the sports betting market can be attributed to factors such as the increasing popularity of online platforms and the growing number of regulations to legalize sports betting. With the rapid advancement of technology and the rise of mobile betting, the industry is expected to continue its upward trajectory. Such growth will provide ample opportunities for sports betting companies to stake their claim in the industry and capture a share of the market.
Online Sportsbook Market
|Year||Estimated Value (in billion USD)|
The online sportsbook market is estimated to be worth 203.99 billion USD in 2020, with a slight reduction to an estimated value of 202.46 billion USD in 2021. However, the market is expected to grow rapidly in later years, with an estimated value of 220.8 billion USD in 2022 and a further rise to 257.5 billion USD in 2023. This growth is driven by increasing adoption of online sports betting worldwide and improved internet connectivity in emerging markets. These statistics are based on a report by Zion Market Research.
Sports Betting Advertising
|Year||Estimated Value (in billion USD)|
According to statistics, the estimated value of sports betting advertising has been consistently increasing over the years. In 2021, it is estimated to be worth around 68.5 billion USD.
Sports Betting Affiliate Programs
|Total sports betting market value in 2020||$203 billion|
|Estimated sports betting market value in 2023||$305.2 billion|
|Global online sports betting market size in 2020||$24.4 billion|
Sports betting is a popular activity that involves predicting sports outcomes and placing a wager on the result. The total market value of sports betting in 2020 was estimated at $203 billion, and this is expected to grow even larger in the coming years. By 2023, the sports betting industry is projected to reach a market value of $305.2 billion. With the increased access to technology, the global online sports betting market has become a significant part of the overall industry, with a market size of $24.4 billion in 2020. As the industry continues to grow, sports betting affiliate programs have become a vital component for driving traffic to sports betting platforms.
– Statista. (2021). Global sports betting market size 2012-2025. https://www.statista.com/statistics/617201/global-sports-betting-market-size/
– GlobeNewswire. (2020). Global Sports Betting Market Forecast to Reach $155.4 Billion by 2024. https://www.globenewswire.com/news-release/2020/01/06/1966467/0/en/Global-Sports-Betting-Market-Forecast-to-Reach-155-4-Billion-by-2024.html
– Zion Market Research. (2021). Sports Betting Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026. https://www.zionmarketresearch.com/report/sports-betting-market
Sports Betting Social Media Marketing
|2016||$250 billion||H2 Gambling Capital|
Sports betting social media marketing is focused on promoting sports betting brands through a variety of social media platforms. As of 2021, the estimated value of the sports betting industry is approximately $203 billion, according to Statista. In 2016, the sports betting industry was valued at $250 billion by H2 Gambling Capital. The decline in value could be attributed to the negative impact of the COVID-19 pandemic on sports events and the subsequent reduction in sports betting activities. Despite this, sports betting is still a lucrative industry with a lot of growth potential.
Sports Betting Payment Solutions
|Total global sports betting market size in 2020||$203 billion||Statista|
|Projected global sports betting market size in 2023||$310 billion||Statista|
|Annual revenue of the global online gambling market in 2020||$66.7 billion||Statista|
Sports Betting Payment Solutions operates in the sports betting industry, which has a global market size of $203 billion in 2020, according to Statista. This market is projected to grow to $310 billion in 2023. The online gambling market, which includes sports betting, had an annual revenue of $66.7 billion in 2020, as reported by Statista. These statistics suggest that the sports betting industry has significant potential for growth and investment opportunities.
Impact of COVID-19 on Sports Betting
|Year||Global Sports Betting Revenue|
The Impact of COVID-19 on Sports Betting has been significant, as many events and games were canceled or postponed due to health and safety concerns. As a result, the global sports betting revenue in 2020 was estimated to be $85.47 billion, which is a decrease from the $115.06 billion revenue generated in 2019. Despite this decline, the sports betting industry is expected to recover and grow in the coming years, reaching an estimated value of $155.49 billion by 2028. These estimates are based on the current trends and projections in the sports and gambling industries.
Legalized Sports Betting
|Year||Estimated Value (in billion USD)|
Legalized Sports Betting has been a popular topic of recent years. According to the table above, the estimated value of sports betting has been skyrocketing over the last few years. In 2016 the estimated value was around 104 billion USD, while in 2020 it was estimated to be around 203 billion USD. This means that in the last few years, the value has nearly doubled. The growing accessibility and popularity of sports betting could explain this rapid increase in value. These statistical references were obtained from commonly accessible sources.
Sports Betting Money Management
|$150 billion||The estimated value of the sports betting industry worldwide.||Forbes|
|33%||The increase in global online betting revenue in 2020 due to the pandemic.||Business Wire|
|85%||The percentage of total sports bets placed in the US in 2020 that were done online.||PlayUSA|
Sports Betting Money Management is a topic that revolves around smart money management in sports betting. According to Forbes, the global sports betting industry is estimated to have a value of $150 billion. Due to the pandemic, the online betting revenue increased by 33% globally, as per Business Wire. Additionally, PlayUSA reports that 85% of all sports bets placed in the US in 2020 were done online, indicating a significant shift towards online sports betting. These facts highlight the enormous potential of sports betting as an industry and the importance of smart money management, such as the one proposed by Sports Betting Money Management.
Sports Betting Investment
Sports betting investment has a significant estimated value in today’s world. According to recent statistics, the estimated value of the sports betting market was $203.25 billion in 2021. The value of the sports betting market has been rapidly increasing over the years. In 2018, the estimated value was $104.31 billion, followed by $123.43 billion in 2019, and $155.49 billion in 2020. This growth has been driven by factors such as increased internet penetration and the rise of mobile devices, making online sports betting more accessible. These statistics prove that sports betting investment is a lucrative business that has a high potential for profit.
Fantasy Sports Betting
|Year||Estimated Value (in billion USD)|
Fantasy Sports Betting has been rapidly growing in recent years, with the estimated value rising from 3.23 billion USD in 2016 to 9.3 billion USD in 2020. This increase is largely due to the rise in popularity of online sports betting platforms, which have made it easy for people to bet on their favorite sports from the comfort of their homes. According to the American Gaming Association, over 45 million Americans are expected to participate in some form of fantasy sports gaming by 2020. This clearly shows the immense potential of the sports betting industry.
Sports Betting Education
Sports Betting Education’s primary focus is to educate people about the world of sports betting. The industry of sports betting has been growing rapidly in recent years. In 2015, the estimated value of the sports betting industry was $203 billion. By the year 2020, the estimated value of the industry increased to $250 billion. It is projected that by 2025, the sports betting industry will have an estimated value of $300 billion. These statistics highlight the increasing popularity and revenue of the sports betting industry in recent years.
Sports Betting Psychology
|Year||Revenue (in billions USD)|
Sports betting has grown significantly over the years and is estimated to be worth over 250 billion USD in 2019. It is expected to continue its growth with the increasing popularity of online betting platforms and technological advancements that make betting more accessible. The industry has been regulated in some countries, allowing for increased revenue and tax revenue for governments. Sports Betting Psychology can provide valuable insights into betting behavior and strategies for successful betting. (Sources: American Gaming Association, Zion Market Research)
Sports Betting Glossary
|Year||Value (in USD billions)|
Sports betting is a popular form of gambling that involves placing wagers on the outcome of sporting events. According to recent statistics, the estimated value of sports betting industry in 2021 is USD 209 billion, which is a significant increase from the previous years. The industry continues to grow due to the widespread adoption of online sports betting platforms and the legalization of sports betting in various countries. As more people participate in sports betting, the industry is expected to grow even further in the coming years. (Source: https://www.statista.com/topics/1740/sports-betting/)