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Global Online Sports Betting (Fixed Odds Wagering, Live Betting, Daily Fantasy, Others) Market Report 2024: Analysis by Type, Age, Sports, Region – Market Insights and Forecasts 2019-2029

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The “Global Online Sports Betting Market (2024 Edition): Analysis By Type (Fixed Odds Wagering, Live Betting, Daily Fantasy, Others), By Age, By Sports, By Region, By Country: Market Insights and Forecast (2019-2029)” report has been added to ResearchAndMarkets.com’s offering.

The market was valued at USD 27.08 Billion in 2022 which is expected to reach USD 70.63 Billion in 2029. The Global Online Sports Betting market showcased growth at a CAGR of 10.2% during 2019-2022.

This report provides a complete analysis of the Global Online Sports Betting industry for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029. The report analyses the Online Sports Betting Market by Region (Americas, Europe, Asia Pacific, Middle East & Africa) and 10 Countries (United States, Canada, Brazil, Germany, United Kingdom, France, Italy, China, Japan, South India).

Sports have a universal appeal, and many major sports, such as football (soccer), basketball, cricket, and others, enjoy a massive global fan base. The popularity of these sports creates a natural demand for betting on events and matches. Moreover, the global expansion of the internet and improved connectivity has led to a larger audience having access to online sports betting platforms. As more people gain internet access, the potential user base for online sports betting naturally expands.

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The proliferation of smartphones and the advancement of mobile technologies have made it easier for individuals to engage in online sports betting on the go. Mobile apps and responsive websites provide a seamless and convenient experience, attracting a broader audience. Additionally, online sports betting platforms have invested in creating user-friendly interfaces, making it easier for both experienced and novice bettors to navigate and place wagers. Intuitive design contributes to a positive user experience, encouraging more individuals to participate.

Moreover, major international sporting events, such as the FIFA World Cup, the Olympics, and high-profile league matches, draw significant attention. The anticipation and excitement surrounding these events contribute to a surge in active users on sports betting platforms. The legalization and regulation of online sports betting in several countries and jurisdictions have contributed to its growing popularity. This has created a safer and more trustworthy environment for users to engage in online betting.

Online sports betting platforms provide a diverse range of betting options, including various sports, leagues, and betting markets. This variety caters to a broad audience with different preferences, increasing overall user engagement. Furthermore, changing societal attitudes toward online gambling contributes to a broader acceptance of sports betting as a form of entertainment. As stigma decreases, more individuals are likely to participate in online sports betting.

Mobile apps have significantly increased the accessibility of online sports betting. Users can place bets from anywhere at any time, as long as they have a mobile device and an internet connection. This convenience has played a crucial role in expanding the user base for online sports betting. Mobile applications enable users to engage in sports betting while on the move. Whether at home, at work, or in transit, users can access their betting accounts and place bets in real-time.

This flexibility caters to the dynamic lifestyles of many individuals. Mobile apps are designed to provide a user-friendly interface and a seamless experience. They often include features such as live streaming, live in-play betting, and push notifications for real-time updates. These enhancements contribute to a more engaging and enjoyable user experience. Mobile apps can leverage new technologies, such as augmented reality (AR) and virtual reality (VR), to enhance the immersive nature of sports betting. These technologies can provide users with unique and interactive experiences, contributing to the overall appeal of mobile sports betting.

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Mobile betting apps often allow users to customize their preferences and settings. This personalization enhances the user experience by tailoring the app to individual preferences, creating a more personalized and engaging platform. Moreover, Mobile apps play a crucial role in facilitating in-play or live betting. Users can place bets on ongoing events, responding to changing game dynamics in real time. This feature adds an extra layer of excitement to the betting experience.

 

Key Attributes:

– Report Attribute Details
– No. of Pages 280
– Forecast Period 2024 – 2029
– Estimated Market Value (USD) in 2024 $34.95 Billion
– Forecasted Market Value (USD) by 2029 $70.63 Billion
– Compound Annual Growth Rate 15.1%
– Regions Covered Global

 

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Scope of the Report

– The report analyses the Online Sports Betting Market by Value (USD Million).
– The report presents the analysis of Online Sports Betting Market for the historical period of 2019-2022, the estimated year 2023 and the forecast period of 2024-2029.
– The report analyses the Online Sports Betting Market By Type (Fixed Odds Wagering, Live/ In Play Betting, Daily Fantasy, Other Types)
– The report analyses the Online Sports Betting Market By Age (18-23 Years, 24-40 Years, 41-54 Years and Above 55 Years)
– The report analyses the Online Sports Betting Market By Sports (Basketball, Boxing / MMA, Esports, Football/Soccer, American Football, Tennis and Other Sports).
– The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Types, by mode of operation & by end users.
– Also, the major opportunities, trends, drivers, and challenges of the industry has been analysed in the report.
– The report tracks competitive developments, strategies, mergers and acquisitions and new product development.

 

Competitive Positioning

– Companies’ Product Positioning
– Market Position Matrix
– Market Share Analysis of Online Sports Betting Market

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Company Profiles

– Kambi Group PLC
– Holdings PLC
– DraftKings Inc.
– Betsson AB
– Flutter Entertainment PLC
– Kindred Group PLC
– Bet365 Group Limited
– Betway Group
– Dream Sports Inc.
– 10bet

For more information about this report visit: researchandmarkets.com

 

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eSports

DATA.BET Reflects on 2024 Milestones, Growth, and Achievements

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With the start of the year behind, the company reflects on the key milestones.

Business Development

In 2024, the company experienced significant expansion, reflecting the increasing demand for progressive esports betting solutions. The total volume of bets processed grew by 74.2%, aided by the efficiency and dynamic scalability of the company’s trading team, alongside new collaborations from partners and clients. Otto Bonning, Head of Sales, said: “Our new partnerships with companies such as Altenar, NuBet, Airhead Ventures, and TurboStars have significantly strengthened the portfolio. These collaborations demonstrate our expanding influence and commitment to delivering exceptional solutions in the esports betting industry”. Clients also experienced an improvement in GGR, demonstrating the impact of the solutions on profitability.

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The company’s user engagement rates also reflected the sizable uplift seen in 2024, with active users rising by 97.3% and average bet size increasing by 7%. Meanwhile, DATA.BET continued to broaden its presence in key markets, including Canada, Brazil, Finland, and Poland, further strengthening its global reach.

 

Esports Trading and Content Coverage

DATA.BET focused on strategic growth, enhancing its esports content to offer prosperous and dynamic opportunities for clients and their users.

Making focused improvements in popular markets resulted in growth. “We’ve expanded our offerings by adding 38 new markets, creating more opportunities for bettors and driving engagement,” said Thomas Donson, Head of Trading. “Our event coverage has also grown by 11%, adding over 10,000 events to ensure a more diverse and comprehensive experience. Ensuring 24/7 trading process, DATA.BET offers the highest quality market availability.”

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The trust earned through high-quality product features, including the new Scoreboard and Pitch Tracker widgets, as well as the Bet Builder based on official data, all launched in 2024, has been instrumental in enhancing the customers betting experience. Scoreboards deliver detailed statistics, interactive visualizations, and comprehensive insights, helping users make informed decisions while boosting engagement through features like live betting, analysis, and availability for LoL, CS2, Valorant, and Dota 2.

Pitch Tracker, supporting our top tier titles, offers a 2D map as a visual representation with advanced tools for data analysis and in-game tracking, delivering detailed insights that enhance user engagement and decision-making. Additionally, the Bet Builder enables personalized betting by allowing users to combine multiple selections into a single wager, meeting the demand for tailored and dynamic betting experiences.

DATA.BET also broadened the scope of disciplines, adding 6 new games, such as Deadlock, Street Fighter 6, GeoGuessr, Teamfight Tactics, Hearthstone, Apex Legends, complementing client content with distinctive choices that amplified diversity and engagement.

 

Customer Support & Risk Management

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The company provides a seamless customer experience and robust Risk Management, continuing to deliver swift and practical assistance.

With an average response time of up to 5 minutes, the dedicated team remains extremely efficient, addressing client concerns promptly while maintaining the highest quality standards. Between Q2 and Q4, handled around 1,500 client requests and completed more than 150 technical tasks effectively and precisely, ensuring high-quality 24/7 support and maintaining consistent service standards.

This is due to our proprietary trading platform that enables the generation and customization of content – specifically, markets – to align precisely with each partner’s distinctive requirements while accommodating their existing settlement rules. This approach ensures a seamless transition to the solution, eliminating the need for adjustments or reconfiguration after working with a previous data provider.

DATA.BET’s Risk Management team efficiently handled over 1,700 client requests. Over time, the number of requests from long-term clients noticeably decreased. The team’s familiarity with clients’ audiences and operations reduces risks through proactive measures. By identifying patterns early, the team prevents issues, ensures smooth operations, reduces reactive interventions, and builds client trust while improving system efficiency.

In 2024, DATA.BET strengthened its presence in the esports betting industry by showcasing its solutions and engaging with audiences at premier exhibitions, immersing attendees into the vibrant world of esports. Moving into 2025, DATA.BET remains focused on leveraging this momentum to drive further success and prospects for everyone involved in esports betting.

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The post DATA.BET Reflects on 2024 Milestones, Growth, and Achievements appeared first on European Gaming Industry News.

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Latest News

Week 3/2025 slot games releases

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Here are this weeks latest slots releases compiled by European Gaming

Relax Gaming has kick-started the year with the launch of Kraken’s Cove, its latest cluster pays game that can see players loot up to 10,000x their stake. At the core of the gameplay is Ship Wild, a special symbol that is present on every spin that moves closer to the central hot spot with each winning spin. Upon reaching the hot spot, it expands into a 2×2 to 5×5 Wild, with a multiplier that increases every time it contributes to a cluster win.

Relax Gaming sets sail into 2025 with the release of Kraken's Cove

GAMOMAT is gearing up to release the second instalment of The Book Beyond: The Quest for the Cipher Stone on Thursday 23rd January 2025. The game presents a classic 5×3 layout with 10 paylines and the possibility of two exciting Free Game levels. A shimmering gold-leafed book represents both the Scatter and Wild. An intriguing twist in the game involves the special Book Feature, where instead of ‘stamping’, the reels move up and down to uncover full stacks of bonus symbols.

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GAMOMAT set to release The Book Beyond 2: The Quest for the Cipher Stone

ICONIC21’s just launched live slot portfolio now stands at seven titles as the provider continues to enhance its market leading offering, laying the foundation for its place at the front of a vertical set for long-term growth andsuccess. The new releases — Dao Riches, Fiesta Wilds and Vitamin Joy 25 — all take the classic slot format, which is highly sought-after by players in both real money gaming and sweepstakes markets.

From Zero to Seven: ICONIC21's Slot Portfolio Expands Rapidly

Karen’s back, and she’s as greedy as ever. Nolimit City is diving headfirst into the post-apocalyptic chaos once again with xWays Hoarder 2—a sequel to the wildly popular xWays Hoarder xSplit. This game follows in the footsteps of sequels like San Quentin 2, Punk Rocker 2, and Fire in the Hole 2, proving once more that the end of the world is just the beginning when it comes to our games. When survival is the name of the game, desperation leads to chaos. Betrayal, looting, and backstabbing are all fair play in this wasteland—but it’s all worth it for that sweet, sweet loot.

Nolimit City resurfaces in the apocalyptic world of xWays Hoarder 2

Belatra Games has crafted an intriguing alchemical adventure slot titled Make it Gold. The first release of 2025 is a captivating and visually stunning slot that welcomes players into the mysterious world of alchemy on a quest for the legendary Philosopher’s Stone. Set within an alchemist’s laboratory, the game’s key feature is the cascading reels where winning combinations vanish, allowing new symbols to drop and fill the spaces.

Belatra releases alchemical adventure Make it Gold

Playson, the renowned digital entertainment supplier, guides players on an enchanted adventure in 3 Luxor Pots: Hold and Win, with the stylish new release offering bountiful opportunities to win via golden Bonus symbols, Scarab coins and the iconic Hold and Win bonus game.

Playson treats players to ancient treasures in 3 Luxor Pots: Hold and Win

 

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Feel the rhythm of the streets in Spin City Beats, the latest slot from in-demand provider Silverback Gaming. This is a highly volatile game where players come across infamous characters including a Rapper, DJ and Skater. These characters act as Expanding Wilds and have different triggers and rewards. When a single Rapper Wild appears on the board and the Boombox symbol is present, the Rapper Wild Expands to cover reel two.

 

Prepare to embark on an epic battle as Play’n GO releases Tower Quest Legacy, the much-anticipated sequel to Tower Quest. This 5×3 slot with 20 paylines invites players into a mystical realm where glowing flasks, powerful Wilds, and a towering dark fortress dominate the reels. With captivating mechanics and the chance to take on the Wizard in a thrilling card-based Bonus Battle, Tower Quest Legacy delivers an unforgettable fantasy experience.

Play’n GO unleash the power of the dark tower!

 

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Push Gaming has leveraged its past successes to drive the creation of its latest feature-rich cluster pays slot, Dragon Hopper. Boldly combining the best elements of the hit game Fire Hopper, with a sprinkling of flavour from some of its other fan favourite slots such as Retro Tapes, Dragon Hopper provides an exhilarating journey through a far-eastern lantern festival.

Push Gaming blends legacy success with good fortune in Dragon Hopper

 

Pack your safe cracking tools and get ready to raid a maximum-security vault for precious gems worth up to 3,000x the bet in Ruby Robbery – the exciting heist-themed slot from Twin Win Games that marks the studio’s third release via the SwinttStudios programme. A five-reel, 50-payline title with a medium level of volatility, Ruby Robbery takes place in a heavily fortified strongroom and features all manner of treasures among its high-value symbols, with golden crowns, Fabergé eggs and piles of cash all accounting for the base game’s biggest prizes.

SwinttStudios’ Twin Win Games cracks the code for massive wins in Ruby Robbery

 

Booming Games are lighting up the world of online casinos once again, turning up the heat with the January launch of the brand new Wild Wings of Phoenix DELUXE. Booming’s Wild Wings of Phoenix slot is legendary in its own right, but this sizzling sequel rises from the flames to deliver something truly iconic. This 5×3 reel, 20-payline game reaches new heights, following the Aztec theme of its popular predecessor – while delivering more features than ever before.

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ELA Games is proud to announce the release of Cash of Egypt, a new mythical slot game that combines high-quality aesthetics with exciting gameplay mechanics. Players can now demo the game on ELA Games’ website to explore all the game has to offer. The 5×4 slot includes 1024 paylines, ensuring the player can enjoy frequent action both during the base game and the bonus feature.

ELA Games Unveils Mythical New Game, Cash of Egypt — Demo Now

 

The post Week 3/2025 slot games releases appeared first on European Gaming Industry News.

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Interviews

Fast Track CEO Shares Honest Reflections in New Interview: Ain’t No Rest for the Wicked

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Fast Track, the leading SaaS technology company and CRM provider in the iGaming industry, has unveiled the second instalment of its Inside Out video series.

Titled Ain’t No Rest for the Wicked the interview features CEO and Co-founder Simon Lidzén in a candid, behind-the-scenes discussion about the company’s growth, challenges, and vision for the future.

In the 30-minute video, Simon reflects on Fast Track’s nearly ten-year journey: “Success to me is about setting goals and achieving them. This year has been intense, but incredibly rewarding. From scaling Fast Track to launching groundbreaking products like Rewards, we’re just getting started.”

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The conversation explores the launch of Rewards, Fast Track’s promotional ecosystem that integrates CRM with gamification to deliver engaging and personalised player experiences. Simon also discusses the company’s rapid global expansion and the challenges of scaling leadership within a fast-growing organisation. Looking ahead to 2025, he highlights Fast Track’s focus on leveraging AI to redefine CRM and customer engagement.

Simon’s reflections also touch on the company’s culture: “Fast Track is built on relentless innovation and a team that thrives on solving challenges. Seeing how much we’ve grown and how far we’ve come makes this journey so exciting.”

For those unfamiliar with Fast Track, the company is a high-growth SaaS leader, known for pioneering the use of AI to deliver personalised experiences to customers. Its software empowers companies to automate marketing and operational workflows, enabling teams to focus on strategy and innovation. Fast Track is reshaping CRM for iGaming, setting a new standard for customer engagement.

Watch the interview here: https://2ly.link/23JyZ

The post Fast Track CEO Shares Honest Reflections in New Interview: Ain’t No Rest for the Wicked appeared first on European Gaming Industry News.

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