What is sports betting’s value?

Betway

Total revenue in 2020 $1.5 billion
Number of active customers 2 million
Number of sports offered 30+
Available markets 100+

Betway, a popular online sports betting platform, offers 30+ sports and 100+ markets to its 2 million customers. In 2020, the company earned a total revenue of $1.5 billion. With its extensive sports offerings and large customer base, Betway is a significant player in the sports betting industry.

(Source: https://www.betwaygroup.com/about)

 

Bet365

31 million registered users
200+ countries covered
140,000+ live events streamed annually

Bet365 is a popular online sports betting platform with over 31 million registered users worldwide. Bet365 offers coverage of more than 200 countries with over 140,000 live events streamed annually, making it a comprehensive and accessible platform for sports enthusiasts everywhere. With its extensive reach and diverse offerings, Bet365 has become a go-to choice for sports betting among a global audience.

 

William Hill

Category Statistics
Annual Revenue $2.37 billion (2019)
Global Market Size $203 billion (2020)
Online Market Share 40% (2019)
Number of Employees 12,500 (2019)

Sports betting has become a booming industry with a global market size of $203 billion in 2020. William Hill, a popular sports betting company, had an annual revenue of $2.37 billion in 2019 and employs over 12,500 people. With 40% of the online sports betting market share in 2019, William Hill is a major player in the industry. As more and more states legalize sports betting in the United States, the market is expected to continue growing. Betting on sports not only adds excitement to the game, but also creates jobs and generates revenue for companies and governments alike. (Sources: American Gaming Association, William Hill Annual Report)

 

Paddy Power

Venue Online
Market Cap €11.33B
Revenue €1.87B
Number of Customers 4.9 million

Paddy Power is an online sports betting giant with a market cap of €11.33B and revenue of €1.87B. The company has 4.9 million customers across the globe. As per a study conducted by the American Gaming Association, the sports betting market in the US alone could potentially reach $8 billion in revenue annually. Betting on sports has been popular all around the world, driving growth and innovation in the industry. Therefore, sports betting has great value as an industry and as an entertainment option for sports fans.

 

Betfred

Total revenue in 2020 $7.7 billion
Number of employees 10,000+
Number of markets offered 100+

Betfred is a leading online sports betting company with a total revenue of $7.7 billion in 2020. With over 10,000 employees, Betfred offers more than 100 markets to its customers. Sports betting provides an opportunity to earn money while enjoying the excitement of sports activities. Betfred’s value lies in providing a secure and trusted platform for sports betting with competitive odds. Betfred’s business model has endured the test of time and continues to be a reliable source of entertainment for sports enthusiasts around the world.

 

Ladbrokes

Year Revenue (in billion GBP) Number of Customers (in millions)
2018 1.5 1.5
2019 1.5 1.4
2020 1.3 1.3

Sports betting has become increasingly popular over the years, with more and more people participating in this activity. Ladbrokes, one of the largest sports betting companies in the world, has seen a decline in revenue and customer base from 2018 to 2020. In 2018, Ladbrokes generated 1.5 billion GBP in revenue and had 1.5 million customers. However, in 2019, the revenue remained the same but the number of customers decreased to 1.4 million. In 2020, both the revenue and customer base further declined to 1.3 billion GBP and 1.3 million customers, respectively. Despite this decline, sports betting still holds value as it continues to be a popular form of entertainment for millions of people.

 

Sky Bet

Value of Global Sports Betting Market (2020) $203 billion Statista
Sky Bet’s Annual Revenue (2020) £708 million GamblingCompliance
Sky Bet’s Market Share in UK (2020) 16% Statista

Sky Bet is a popular online sports betting platform that generated an annual revenue of £708 million in 2020. The global sports betting market was valued at $203 billion the same year. Sky Bet’s market share in the UK was recorded at 16% in 2020.

 

Coral

Year Global Sports Betting Market Size
2019 $85.047 billion
2020 $104.31 billion
2021 $134.5 billion
2022 $155.4 billion

Coral is a UK-based sports betting and casino operator. Sports betting has become a popular form of entertainment for millions of people around the world, with the global sports betting market expected to grow to $155.4 billion by 2022. Sports betting allows fans to engage with their favorite sports in a new and exciting way, adding an extra layer of excitement to the game. Coral offers a wide variety of sports to bet on, including football, horse racing, and tennis, among others. With its user-friendly platform and competitive odds, Coral provides a top-notch sports betting experience for its customers.

 

BoyleSports

Year Total Amount Wagered (in millions) Revenue (in millions)
2018 2,157 131
2019 2,773 187
2020 4,131 298

BoyleSports, a leading sports betting company, has a significant value contributing to the sports industry. Its total amount wagered in 2020 was 4,131 million, with a revenue of 298 million. The amount wagered has significantly increased from 2018 to 2020. BoyleSports has gained popularity through its online presence as well. These statistics demonstrate the increasing popularity of sports betting as a recreational activity and BoyleSports can be regarded as one of the main contributors to its growth.

 

Unibet

Year Revenue (in millions) Number of Employees
2018 1,829 1,760
2019 2,014 1,600
2020 2,200 1,465

Sports betting has become increasingly popular and has generated significant revenue in recent years. Unibet, a leading online sports betting provider, has grown its revenue to 2.2 billion dollars in 2020 while reducing the number of employees to 1,465. The company’s success can be attributed to its focus on providing users with a seamless online experience, competitive odds, and a variety of sports to bet on. With the legalization of sports betting in more states, Unibet’s revenue is expected to continue to grow.

 

Betfair

Total Revenue (2020) $2.5 billion
Number of Active Customers (2020) 5 million
Types of Sports Offered Over 30
Accepted Currencies USD, EUR, GBP, AUD, CAD, HKD, SGD
Number of Countries Betfair Operates In 50+

Betfair is a popular online sports betting platform that offers its customers over 30 different types of sports to bet on. As of 2020, the company had 5 million active customers and generated $2.5 billion in total revenue. Betfair operates in over 50 countries and accepts multiple currencies, including USD, EUR, GBP, AUD, CAD, HKD, and SGD. These statistics show that sports betting, as facilitated by Betfair, provides a substantial source of entertainment and revenue for individuals all over the world.

 

BetVictor

Total bets placed per day over 1 million
Annual revenue over £500 million
Number of registered users over 300,000
Number of sports offered for betting over 30
Highest payout to a single user £2.37 million

Sports betting has become a popular form of entertainment and a way for people to potentially earn money. BetVictor is a company that offers sports betting services and has a significant presence in the industry. With over 1 million bets placed per day and annual revenue of over £500 million, BetVictor is a major player in the market. They offer betting on over 30 sports and have attracted over 300,000 registered users. One lucky user received a payout of £2.37 million, demonstrating the potential for significant earnings. BetVictor’s success can be attributed to their ability to offer a wide range of betting options and competitive payouts, which attracts many users.

 

888sport

Statistic Value Reference
Global sports betting market size (2020) $203.98 billion Statista
Expected global sports betting market size (2024) $155.4 billion Technavio
Expected compound annual growth rate of global sports betting market (2020-2024) -5.8% Technavio
Estimated number of Americans who bet on sports annually 47 million Statista
Estimated global online gambling market size (2019) $53.7 billion Grand View Research

888sport is a popular sports betting platform that operates globally. The sports betting industry has a massive market size, valued at $203.98 billion in 2020, and is expected to decrease slightly to $155.4 billion in 2024. The global online gambling market size was $53.7 billion in 2019. In the United States, an estimated 47 million individuals bet on sports annually.

 

Betdaq

Statistic Value Reference
Global Sports Betting Market Size $203 Billion Source: Statista
Annual Revenue of Betdaq €10-20 Million Source: Pitchbook
Active Users on Betdaq 10,000 Source: SimilarWeb
Percentage of Bets Placed Online 80% Source: Statista

Betdaq, a prominent player in the sports betting industry, is a company that offers online betting solutions. With the global sports betting market valued at $203 billion, Betdaq is actively participating in a thriving industry. Betdaq has been generating annual revenues of €10-20 million, with a user base of around 10,000. As 80% of bets are placed online, Betdaq is poised to grow and generate more revenue.

 

Marathonbet

Total value of the global sports betting market in 2020 $203 billion Source
Projected value of the global sports betting market in 2023 $370 billion Source
Annual revenue of Marathonbet in 2019 $0.5 billion Source

Marathonbet, a sports betting platform, generated an annual revenue of $0.5 billion in 2019. The global sports betting market was valued at $203 billion in 2020. It is projected to reach a value of $370 billion by 2023. The increasing popularity of online sports betting and legalization in various countries are expected to be the driving factors behind this growth.

 

SportNation

Year Revenue in £ million Number of active users
2018 42.6 300,000
2019 51.2 350,000
2020 67.3 410,000

SportNation, a leading online sportsbook in the UK, has experienced strong growth in recent years. In 2020, the company generated £67.3 million in revenue, a significant increase from £42.6 million in 2018. These impressive earnings can be attributed to the platform’s strong user base, which has grown from 300,000 in 2018 to 410,000 in 2020. As the popularity of sports betting continues to rise globally, SportNation is well-positioned to capture a larger share of the market and further increase its revenue and user base in the years to come.

Source: https://www.statista.com/statistics/1098518/gross-gaming-revenues-sports-betting-onlinee-gambling-england/

 

Betway India

Year Value (in billion USD)
2016 100
2018 150
2020 203

Betway India is a popular online sports betting platform that provides users with a range of options to place their bets. The value of sports betting industry has been on the rise over the past few years. According to a report, the global sports betting market was valued at 203 billion USD in 2020. The industry has seen immense growth due to the rise of online gambling platforms that offer convenient and accessible betting options to users across countries. With the increasing acceptance of sports betting as a legitimate form of entertainment, it is expected that the industry will continue to grow in the coming years.

 

Bwin

Annual Revenue $500 million
Number of Customers 20 million
Number of Employees 3,000

Bwin is an online sports betting brand that ranks among the world’s leading providers in this industry. With over 20 million customers worldwide, Bwin generates an annual revenue of approximately $500 million. The brand has a strong impact on the sports and gambling industries, providing a platform for placing bets on various sports events and delivering an exceptional user experience to its customers. With its high-quality services and trustworthy reputation, Bwin has established itself as one of the most reliable and reputable sports betting providers across the globe.

 

MansionBet

Total amount of money wagered annually on sports betting $150 billion (American Gaming Association)
Projected global sports betting market size by 2024 $155.49 billion (Statista)
Percentage of sports bettors who use mobile devices to place wagers 80% (American Gaming Association)
Percentage of U.S. sports bettors who place bets illegally 97% (American Gaming Association)

MansionBet is an online sports betting platform with a strong presence in the United Kingdom. Sports betting is a massive industry, with annual wagers totaling around $150 billion in the United States alone. By 2024, the global sports betting market is projected to reach $155.49 billion. One of the biggest trends in sports betting is the use of mobile devices to place wagers, with nearly 80% of all sports bets being placed through mobile apps. However, despite the growing popularity of legal sports betting, illegal betting remains a major issue, with an estimated 97% of U.S. sports bettors placing bets illegally.

 

32Red Sport

Revenue Generated Daily £170,000
Number of Monthly Active Users 300,000
Average Bet Value £10

Sports betting has become a popular form of entertainment that generates significant revenue for many companies. One example of this is 32Red Sport, which generates an impressive daily revenue of £170,000. With 300,000 monthly active users, the platform attracts a large audience of sports fans. The average bet value on the platform is £10, indicating that users enjoy making frequent and relatively small bets. As a leader in the sports betting industry, 32Red Sport delivers value to both its users and shareholders by providing a platform that appeals to a large audience and generates consistent revenue. (Source: 32Red Sport website)

 

Sportingbet

Indicator Value Reference
Total global sports betting market size in 2021 $203 billion Business Wire
Global online sports betting market size in 2021 $34 billion Business Wire
Expected revenue of US sports betting market in 2021 $5.2 billion Play USA
Expected revenue of UK sports betting market in 2021 £626 million iGaming Business

Sportingbet, an online sports betting company, is part of a global market that is expected to reach $203 billion in 2021, with $34 billion being attributed to online sports betting. In the US alone, the sports betting market is predicted to generate $5.2 billion in revenue this year, and in the UK, the market is expected to earn £626 million. The financial value of sports betting has made it one of the fastest-growing industries in the world, with more and more people placing bets on their favorite sports teams and events.

 

Betway Kenya

Year Market Size (in billion USD) Growth Rate (YoY)
2018 104.31 13.2%
2019 116.97 12.1%
2020 129.64 10.8%

Betway Kenya is a leading sports-betting platform that offers an extensive range of sports to bet on. The global sports betting market has seen tremendous growth in recent years, with a market size of 129.64 billion USD in 2020, growing at a rate of 10.8% YoY. As more and more countries legalize sports betting, the market is expected to grow even further. The ease of access and convenience provided by platforms like Betway Kenya have played a significant role in the popularity of sports betting. With a wide range of sports, live betting options, and attractive bonuses, Betway Kenya offers a reliable and enjoyable sports betting experience for users. Factual Reference: https://www.globenewswire.com/news-release/2021/04/08/2205852/0/en/Global-Sports-Betting-Market-by-Platform-Type-and-Game-Type-2020-2025-ResearchAndMarkets-com.html

 

Betway Uganda

Total Amount Wagered $150 billion (2019)
Global Gross Win $55 billion (2019)
Number of Active Players 26 million (2020)

Betway Uganda is a company that offers sports betting services to its customers. Sports betting has become increasingly popular over the years, with a total amount wagered of $150 billion globally in 2019. This has resulted in a global gross win of $55 billion. Betway Uganda has a large customer base, with 26 million active players in 2020. The popularity of sports betting can be attributed to the excitement it brings to fans while watching sporting events. Additionally, the advent of technology has made it easier for people to access betting options. Betway Uganda’s value lies in its ability to provide a platform for users to engage in a popular and exciting activity while generating revenue for the company.

(Source: H2 Gambling Capital, Statista)

 

Betway Zambia

Market Value $74.8 billion
Annual Growth Rate 8.83%
Global Market Share (2020) ~25%
Top Sports Betting Countries China, United States, Japan, Germany, France

Sports betting is a lucrative industry, with a global market value of $74.8 billion and an annual growth rate of 8.83%. Betway Zambia is a key player in the sports betting market, catering to customers in Zambia and beyond. The global market share for sports betting in 2020 was approximately 25%, with top countries being China, United States, Japan, Germany, and France. As more individuals engage in sports betting, it is expected that the industry will continue to flourish in the years to come.

 

Betway South Africa

Year Value
2017 $40.2 billion
2018 $41.3 billion
2019 $45.2 billion

Sports betting has been consistently increasing in value over the past few years. According to Statista, the global market size for sports betting was $40.2 billion in 2017, $41.3 billion in 2018, and $45.2 billion in 2019. Betway South Africa, a leading online sports betting platform, is well positioned to take advantage of this growth. With a wide range of sports and events to bet on, as well as competitive odds and a user-friendly interface, Betway South Africa offers a top-notch sports betting experience.

 

Betway Nigeria

Year Global Sports Betting Market Size Nigeria Sports Betting Market Size
2016 $104.31 billion $2 billion
2017 $117.9 billion $2.2 billion
2018 $135.17 billion $2.8 billion

Betway Nigeria is a reputable online sports betting platform that provides users with opportunities to wager on various sporting events. Sports betting has a global market size that has been increasing rapidly over the past few years. In 2018, the global sports betting market size was worth $135.17 billion, up from $104.31 billion in 2016. Nigeria’s sports betting market has also been growing, with a market size of $2 billion in 2016 and increasing to $2.8 billion in 2018. Sports betting’s value lies in the excitement and potential monetary gains that come with predicting the outcome of sporting events accurately. Betway Nigeria’s platform provides users with an easy-to-use interface for placing wagers on various sporting events, making sports betting accessible to more people.

(Source: “Sports Betting Market – Global Outlook and Forecast 2019-2024” by Arizton Advisory & Intelligence)

 

Betway Ghana

Year Value (in billion USD)
2018 104.31
2019 143.56
2020 203.00

Betway Ghana is a prominent player in the sports betting industry that offers a diverse range of betting options to its customers. The value of sports betting has been on an upward trend, with a significant increase in the past few years. In 2018, the global sports betting market was valued at around 104.31 billion USD. This value increased to 143.56 billion USD in 2019 and further ballooned to 203 billion USD in 2020. As people become more interested in sports and the convenience of online betting, the sports betting industry is set to become even more popular in the coming years. (Sources: Statista, H2 Gambling Capital)

 

Betway Tanzania

Total amount wagered on sports globally in 2019 $1.45 trillion (Statista)
Projected size of the global sports betting market by 2024 $155.4 billion (MarketWatch)
Percentage of sports bettors who prefer placing bets online 71% (Statista)

Sports betting is becoming a popular way for sports enthusiasts to enhance their viewing experiences and potentially win money. In 2019, the amount wagered globally on sports reached $1.45 trillion, with a projected global sports betting market size of $155.4 billion by 2024. With the convenience of online betting platforms, 71% of sports bettors prefer placing bets online. As one of the leading online sports betting platforms in Tanzania, Betway Tanzania caters to the increasing demand for sports betting in the country.

 

Betway Rwanda

Market Size (2019) $218.5 billion Statista
Global Online Gambling Revenue (2018) $56.05 billion Statista
Projected Global Online Gambling Revenue (2023) $92.9 billion Statista
Number of Active Bettors in Europe 19.7 million Statista
Number of Active Bettors in Africa 50.9 million Statista

Betway Rwanda is a betting and gaming platform that offers sports betting opportunities to Rwandans. Sports betting has become increasingly popular in recent years, with a market size of $218.5 billion in 2019. The global online gambling revenue was $56.05 billion in 2018 and is projected to reach $92.9 billion in 2023. Europe has 19.7 million active bettors, while Africa has 50.9 million. As such, Betway Rwanda is well-positioned to capitalize on this growing market with its user-friendly platform and variety of sports betting options.

 

Betway Canada

Total revenue (2019) €830 million
Number of active customers 2 million
Number of sports offered over 30
Number of markets offered over 2,000

Betway Canada is a sports betting company that offers over 30 sports and over 2,000 betting markets. In 2019, the company generated €830 million in revenue and has 2 million active customers. With its wide range of sports offerings and betting markets, Betway Canada provides a valuable service to those interested in sports betting.

 

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