Sports betting is a type of gambling activity that involves predicting the outcome of a sports activity and placing wagers accordingly.
MIR analysts forecast the global sports betting market to grow at a CAGR of 8.62% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global sports betting market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of sports betting.
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Global Sports Betting Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. .
Sports Betting Market Key Vendors Are: 888 Holdings, GVC Holdings, Kindred Group, Paddy Power Betfair, William Hill
Sports Betting Market Driver:
- The digital revolution in sports industry
- For a full, detailed list, view our report
Sports Betting Market Trends:
- Growing popularity of virtual sports betting
- For a full, detailed list, view our report
Browse Full Report and Related Details at: https://www.marketinsightsreports.com/reports/0119165650/global-sports-betting-market-2018-2022
The Sports Betting Market is divided into the following segments based on Geography:
This independent 117-Page report guarantees you will remain better informed than your competition. With approx 210 tables and figures examining the Sports Betting Market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
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Commenting on the report, an analyst from MIR team said: “The latest trend gaining momentum in the market is growing popularity of virtual sports betting. Several bookmakers are preferring virtual sports betting due to the growing fascination of online and sports video games. Virtual betting is non-biased as it picks the outcome from a computer algorithm. Also, virtual sports betting is equipped with highly advanced and innovative graphics that attract players. The high-quality videos of matches and events offers expansive opportunities for the punters in the online betting platforms market.”
According to the report, one of the major drivers for this market is the digital revolution in sports industry. Owing to the rapid penetration of digital platform and growing Internet penetration, consumers have easy access to online sports betting platforms. Consumers can easily engage in sports betting and connect with the sportsbooks due to the growing digital revolution. Digital platforms enable the punters to place bets from any remote part of the world. Internet gambling is facing high popularity and is steadily becoming the fastest sector of the e-commerce industry. Gamblers are extensively preferring Internet gambling for their activities due to the ease offered and safety provided. Extensive usage of digital processes and growing punter demand is driving the online betting platforms market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Highlights of The Sports Betting Market Report:
- The key details related to Sports Betting Market like the product definition, cost, variety of applications, demand and supply statistics are covered in this report.
- Competitive study of the major Sports Betting Market players will help all the market players in analyzing the latest trends and business strategies.
- The study of emerging Sports Betting Market segments and the existing market segments will help the readers in planning the business strategies.
- Figure Global Production Market Share of Sports Betting Market by Types and by Applications in 2017.
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