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The Worldwide Sports Betting Systems Industry is Expected to Reach $648.7 Billion in 2027
The “Global Sports Betting Systems Market Size, Trends And Growth Opportunity, By Platform ,By Sports Type ,By Region and Forecast to 2027.” report has been added to ResearchAndMarkets.com’s offering.
The Global Sports Betting Market was valued at US$260.5 billion in 2021 and it is expected to reach at US$648.7 billion in 2027 at a CAGR of 11.26% during forecast period 2022-2027.
A form of gambling known as sports betting involves making predictions about sporting events and placing bets on the results. Sports betting is involved in non-athletic events such reality show contests, political elections, and contests involving animals like horses, dogs, and illegal cockfighting. Football, American football, baseball, hockey, basketball, and auto racing are some of the sports that are most often bet on, both by amateur and professional bettors. Bookmakers are often used to place bets. These are businesses that are both online and physically located, like casinos or betting shops.
Market Drivers
The expansion of wireless connection and digital infrastructure are anticipated to fuel the market’s rate of expansion. The increasing prevalence of smartphones has influenced consumer behaviour, particularly in terms of sports betting. The way that consumers behave when it comes to sports betting has significantly changed. The market for sports betting will expand during the forecast period due to the growing popularity of social gaming and gambling apps.
Market Restraints
Stringent government regulations imposed on sports are the major market restraints that would slow the growth rate of the sports betting market, along with concern about illegal activities in the industry, which are anticipated to provide obstacles to the market throughout the projected period.
Market Segmentation
The global sports betting market segmented into platform and sport type. On the basis of platform it segmented into online and offline. On the basis of sport type it segmented into football, baseball, basketball, hockey, cricket, tennis, golf, boxing, horse riding, auto racing, and others.
Regional Analysis
The global sports betting market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. In terms of revenue throughout the projected period, Europe will dominate the sports betting market. This is a result of the region’s growing interest in sports betting. Due to the growing number of individuals who wager on sports events like football, cricket, hockey, and basketball in this region, Asia-Pacific is also expected to have the fastest rate of economic growth.
Key Players
Various key players are listed in this report such as 888 Holdings Plc., Bet 365 Group Ltd., GVC Holding plc., The Stars Group, Paddy Power Betfair plc., William Hill plc., Fortuna Entertainment Group, Betfred Ltd., mybet Holding, Hong Kong Jockey Club.
Key Question Addressed by the Report
- What are the Key Opportunities in Global Sports Betting Market?
- What will be the growth rate from 2022 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the role of key players in the value chain?
- What is the competitive Landscape in the industry?
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Global Sports Betting Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Sports Betting Market, By Platform
5.1 Y-o-Y Growth Comparison, By Platform
5.2 Global Sports Betting Market Share Analysis, By Platform
5.3 Global Sports Betting Market Size and Forecast, By Platform
5.3.1 Online
5.3.2 Offline
6 Global Sports Betting Market, By Sport Type
6.1 Y-o-Y Growth Comparison, By Sport Type
6.2 Global Sports Betting Market Share Analysis, By Sport Type
6.3 Global Sports Betting Market Share Analysis, By Sport Type
6.3.1 Football
6.3.2 Baseball
6.3.3 Basketball
6.3.4 Hockey
6.3.5 Cricket
6.3.6 Tennis
6.3.7 Golf
6.3.8 Boxing
6.3.9 Horse Riding
6.3.10 Auto Racing
7 Global Sports Betting Market, By Region
7.1 Global Sports Betting Market Share Analysis, By Region
7.2 Global Sports Betting Market Share Analysis, By Region
8 North America Sports Betting Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Sports Betting Market Share Analysis, By Platform
8.3 North America Sports Betting Market Size and Forecast, By Sport Type
8.4 North America Sports Betting Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Sports Betting Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Sports Betting Market Share Analysis, By Platform
9.3 Europe Sports Betting Market Size and Forecast, By Sport Type
9.4 Europe Sports Betting Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Sports Betting Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Sports Betting Market Size and Forecast, By Platform
10.3 Asia Pacific Sports Betting Market Size and Forecast, By Sport Type
10.4 Asia Pacific Sports Betting Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Sports Betting Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Sports Betting Market Size and Forecast, By Platform
11.3 Latin America Sports Betting Market Size and Forecast, By Sport Type
11.4 Latin America Sports Betting Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2. Rest of Latin America
12 Middle East Sports Betting Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Sports Betting Share Analysis, By Platform
12.3 Middle East Sports Betting Size and Forecast, By Sport Type
12.4 Middle East Sports Betting Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 888 Holdings Plc.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Development
14.1.6 Key Strategies
14.2 Bet 365 Group Ltd.
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 GVC Holding plc.
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 The Stars Group
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Paddy Power Betfair Plc.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 William Hill plc.
14.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Fortuna Entertainment Group
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Betfred Ltd.
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 mybet Holding
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Hong Kong Jockey Club
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
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Gaming Corps debuts a golf-themed instant win game that puts players in full control of their swing
Gaming Corps – a publicly-listed game development company based in Sweden, is excited to announce the release of its latest casino title, Golf Champion – a golf-themed game packed with strategic thrills, immersive play, and Gaming Corps’ innovative X-MY-WAY™ mechanic.
Golf Champion invites players to hit the virtual fairway, where every shot could lead to serious rewards. Combining the finesse of golf with the high-stakes energy of casino gaming, the game delivers a fresh and dynamic experience tailored to suit every playing style. Whether players choose to chip it safe or drive it long, every swing offers a chance to win up to 1,000x their bet.
At the core of the experience is the X-MY-WAY™ mechanic, designed to put power directly in the player’s hands. This feature allows users to tailor their risk-and-reward strategy with complete freedom. With a range of bet options players can choose to play it safe, cashing out with smaller multipliers, or push their luck with riskier shots for the chance to land big wins, all the way up to a 1,000x multiplier.
Every shot is a deliberate decision, offering a level of interactivity and personalisation that sets Golf Champion apart from traditional instant win games.
Alexander Mavroudis, Product Owner at Gaming Corps said: “Golf Champion is all about putting players in control. With the X-MY-WAY™ mechanic, we’re giving them the tools to choose their playstyle, just like reading the green before a big putt. It’s a perfect blend of chance, choice, and excitement—and we think players are going to love every moment.”
Available in 28 languages, with instant win payouts Golf Champion tees up a compelling addition to Gaming Corps’ growing portfolio of player-first, action-driven content.
The post Gaming Corps debuts a golf-themed instant win game that puts players in full control of their swing appeared first on European Gaming Industry News.
A new grassroots digital community initiative, the AyeGaming Group, has been launched on LinkedIn with a clear purpose: to bring people across land-based and online gambling together in an honest, inclusive, and supportive space.
Founded in Scotland by respected industry figures, the AyeGaming Group is already drawing interest from across the iGaming world for its warm approach and people-first mission. The group welcomes professionals from all backgrounds, including operators, suppliers, affiliates, consultants, and creatives, all who believe in shaping a better future for the industry by putting the community at its heart.
The initiative is the brainchild of three passionate advocates for the gambling industry, including co-founders Jennifer Innes, CEO of BettingJobs, and Elaine Gardiner, Managing Director of TAG Media. Together, they’ve created a space where kindred spirits can connect for business and belonging.
“I wanted to be part of driving something locally within the iGaming industry. There truly are so many wonderful people in the sector who either live in Scotland or have relocated to one of the many other global iGaming hubs. Creating a dedicated time and space for us to connect in the form of the AyeGaming meet-up feels important – this is a big, global industry, but it can seem far less imposing when we all come together. It also gives us a chance to reflect on and recognise the impact our Scottish voices have across the iGaming industry as a whole.” said Jennifer Innes.
Elaine Gardiner added: “Jennifer and I have known each other for over 17 years, just as long as I’ve been in the industry. Back in January, we bumped into each other on a flight from Scotland to Barcelona, heading to ICE with a few other industry folks. That’s when we knew it was time to set the wheels in motion for a Scottish gaming meet-up. I’m excited it’s finally coming together and looking forward to meeting more people from across the industry.”
Built on a foundation of Scottish values of fairness, humour and humility, the AyeGaming Group offers something refreshingly human in an industry dominated by deal-making and fast growth.
The group’s first in-person event, the Wee AyeGaming Meet-Up, will occur on Thursday, June 19, at the National Piping Centre in Glasgow. The event promises informal networking, shared stories, and genuine connection in a setting rich with Scottish tradition.
Attendees can expect:
- Informal but meaningful conversations
- Insights from industry leaders across land-based and iGaming
- A warm, inclusive atmosphere to meet kindred spirits
- And, of course, a wee dram and the sound of the pipes
The AyeGaming Group is open to anyone who shares its values, whether based in Glasgow, Gibraltar, Buenos Aires, or elsewhere.
The post Scotland-Founded AyeGaming Group Debuts as a Home for Industry Collaboration appeared first on European Gaming Industry News.
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AA Gaming Announce the Rajasthan State Esports Championship (RSEC) with Youth Affairs & Sports Department, Govt. Of Rajasthan
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The post AA Gaming Announce the Rajasthan State Esports Championship (RSEC) with Youth Affairs & Sports Department, Govt. Of Rajasthan appeared first on European Gaming Industry News.
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