Market Overview:Market Research Future (MRFR) estimates the Global Online Sports Betting Market size to touch USD 59,530.7 million at a CAGR of 13.6% from 2018 to 2026 (forecast period).The growing popularity of sports is driving the worldwide online sports betting industry ahead.
Sport has the potential to contribute significantly to social integration and economic development in a variety of geographical, cultural, and political circumstances.
Participating in sports also helps athletes live longer and healthier lives, which helps to reduce obesity rates.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/10480 Competitive Analysis:Notable players in the worldwide online sports betting market include 888 Holdings PLC (UK), Flutter Entertainment PLC (UK), Bet365 Group Ltd (UK), Fortuna Entertainment Group (Netherlands), Churchill Downs Incorporated (US), Entain PLC (UK), DraftKings (US), Betsson AB (Sweden), Betfred Ltd (UK), Webis Holdings PLC (Isle of Man), Kindred Group PLC (Malta), Sportech PLC (UK), BetAmerica (US), HKJC Football Betting Limited (Hong Kong), and Megapari (Cyprus).Segmental Overview:The worldwide online sports betting market has been segmented into sports type, type, and application.Based on sports type, the worldwide online sports betting market has been bifurcated based on the sports type into football, horse riding, cricket, tennis, baseball, volleyball, basketball, hockey, boxing, golf, racing, and others.By type, the worldwide online sports betting market has been segmented into line-in-play, spread betting, fixed old betting, daily fantasy, e-sports, exchange betting, and others.Based on application, the worldwide online sports betting market has been divided into mobile-based and web-based applications for online betting.
Regional Analysis:By region, the worldwide online sports betting market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.With a volume of USD 12,146.2 million in 2019, Europe topped the online sports betting industry in 2019, and it is expected to reach USD 26,323.6 million by 2026, at a CAGR of 12.1%.
Europe is the largest contributor to Mobile Online Sports Betting, accounting for 48.6% of the industry in 2019.