APAC Sports Betting Market - Industry Trends and Forecast to 2030
Market Report I 2022-12-01 I 207 Pages I Data Bridge Market Research
Asia-Pacific sports betting market is projected to register a substantial CAGR of 9.5% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022 and the forecast period is 2023 to 2030.
Market Segmentation:
Asia-Pacific Sports Betting Market, By Type (Line-In-Play, Fixed Old Betting, Exchange Betting, Daily Fantasy, Spread Betting, E-Sports, Pari Mutuel), Platform (Online and Offline), Sports (Racing and Non Racing Sports), Operator (Casinos, Bingo Halls, Card Rooms, Bookmakers, Coin-Operated Gambling Device, Concession Operators, Video Gaming Terminals, Lotteries Operator, Off-Track Sports Betting, and Others), Age Group (GEN Z, GEN Y/MILLENIALS, GEN X, Baby Boomers), Country (Japan, China, Australia, India, South Korea, Singapore, Indonesia, Thailand, Malaysia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2030
The major contributing factors for Asia-Pacific sports betting market:
- Due to digitalization of infrastructure
- Due to rise in more number of sports leagues
Market Players:
The key market players for Asia-Pacific sports betting market are listed below:
- LAS VEGAS SANDS CORPORATION
- bet365.
- Flutter Entertainment plc
- 888 Holdings Plc
- Entain
- Kindred Group plc
- Wynn Resorts Ltd
- Galaxy Entertainment Group Limited
- Resorts World at Sentosa Pte. Ltd.
- RTSmunity a.s.
- SJM Holdings Limited
- Sportradar AG
- Rivalry Ltd.
- ComeOn Group
TABLE OF CONTENTS
1 INTRODUCTION 27
1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.3 OVERVIEW OF ASIA PACIFIC SPORTS BETTING MARKET 27
1.4 CURRENCY AND PRICING 29
1.5 LIMITATION 29
1.6 MARKETS COVERED 29
2 MARKET SEGMENTATION 32
2.1 MARKETS COVERED 32
2.2 GEOGRAPHICAL SCOPE 33
2.3 YEARS CONSIDERED FOR THE STUDY 34
2.4 DBMR TRIPOD DATA VALIDATION MODEL 35
2.5 MULTIVARIATE MODELING 38
2.6 TYPE LIFELINE CURVE 38
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 39
2.8 DBMR MARKET POSITION GRID 40
2.9 VENDOR SHARE ANALYSIS 42
2.10 SECONDARY SOURCES 43
2.11 ASSUMPTIONS 43
3 EXECUTIVE SUMMARY 44
4 PREMIUM INSIGHT 47
4.1 CONSUMER BEHAVIOUR PATTERN 48
4.2 PESTEL ANALYSIS 50
4.2.1 POLITICAL 50
4.2.1.1 POLITICAL STABILITY OF ORGANIZATIONS: 50
4.2.1.2 FISCAL POLICY (TAXATION): 51
4.2.1.3 TRANSPARENCY IN GOVERNMENT STRUCTURE 51
4.2.2 ECONOMIC 52
4.2.2.1 INFLATION: 52
4.2.2.2 ECONOMIC GROWTH RATE 52
4.2.2.3 EXCHANGE AND INTEREST RATE 52
4.2.3 SOCIAL 53
4.2.3.1 DEMOGRAPHICS 53
4.2.3.2 GENDER 53
4.2.3.3 CULTURAL AND SOCIETAL NORMS 54
4.2.4 TECHNOLOGICAL 54
4.2.4.1 TECHNOLOGICAL INNOVATIONS 54
4.2.4.2 RESEARCH AND DEVELOPMENT 55
4.2.5 LEGAL 55
4.2.5.1 EMPLOYER REGULATIONS 55
4.2.5.2 LAW GOVERNING INTELLECTUAL PROPERTY 56
4.2.5.3 CONSUMER PROTECTION LEGISLATION 56
4.3 PORTER'S FIVE FORCES ANALYSIS FOR ASIA PACIFIC SPORTS BETTING MARKET 57
5 REGULATION COVERAGE 59
5.1 REGULATIONS IN EUROPE 59
5.2 REGULATIONS IN NORTH AMERICA 60
5.3 REGULATIONS IN AUSTRALIA 60
5.4 REGULATIONS IN AFRICA 60
6 MARKET OVERVIEW 63
6.1 DRIVERS 65
6.1.1 RISING USAGE OF ONLINE BETTING 65
6.1.2 INCREASING E-SPORTS COMPETITION 66
6.1.3 DEVELOPING DIGITAL INFRASTRUCTURE 68
6.1.4 INCREASE IN THE NUMBER OF SPORTS LEAGUES AND EVENTS 71
6.2 RESTRAINTS 72
6.2.1 STRINGENT REGULATORY FRAMEWORK 72
6.2.2 DECLINE IN OFFLINE BETTING PLATFORMS 72
6.3 OPPORTUNITIES 73
6.3.1 RISE IN LIVE ESPORTS COVERAGE PLATFORM 73
6.3.2 SURGE IN PURCHASING POWER OF MIDDLE-INCOME GROUPS 73
6.3.3 INCREASING MARKETING & ADVERTISEMENTS 74
6.4 CHALLENGES 75
6.4.1 HIGH RISK OF SCAMS AND FRAUDERY 75
6.4.2 HIGH TAXATION IN SPORTS BETTING 75
7 ASIA PACIFIC SPORTS BETTING MARKET, BY TYPE 76
7.1 OVERVIEW 77
7.2 LINE-IN-PLAY 80
7.3 FIXED ODD BETTING 80
7.4 E-SPORTS 81
7.5 EXCHANGE BETTING 82
7.6 SPREAD BETTING 83
7.7 DAILY FANTASY 83
7.8 PARI MUTUEL 84
7.9 OTHERS 85
8 ASIA PACIFIC SPORTS BETTING MARKET, BY PLATFORM 86
8.1 OVERVIEW 87
8.2 ONLINE 90
8.2.1 BLOCK CHAIN 91
8.2.2 ARTIFICIAL INTELLIGENCE 91
8.2.3 VIRTUAL REALITY 91
8.2.4 MACHINE LEARNING TOOLS 91
8.2.5 OTHERS 91
8.3 OFFLINE 92
9 ASIA PACIFIC SPORTS BETTING MARKET, BY SPORTS 93
9.1 OVERVIEW 94
9.2 RACING 97
9.2.1 HORSE 98
9.2.2 AUTO 98
9.2.3 DOG 98
9.2.4 OTHERS 98
9.3 NON - RACING 98
9.3.1 FOOTBALL 99
9.3.2 CRICKET 99
9.3.3 BASKETBALL 99
9.3.4 TENNIS 99
9.3.5 BASEBALL 99
9.3.6 BOXING 99
9.3.7 HOCKEY 100
9.3.8 GOLF 100
9.3.9 OTHERS 100
10 ASIA PACIFIC SPORTS BETTING MARKET, BY OPERATOR 101
10.1 OVERVIEW 102
10.2 CASINOS 105
10.3 CARD ROOMS 105
10.4 BINGO HALLS 106
10.5 BOOK MAKERS 106
10.6 COIN-OPERATED GAMBLING DEVICE 107
10.7 CONCESSION OPERATOR 108
10.8 VIDEO GAMING TERMINALS 109
10.9 LOTTERIES OPERATOR 109
10.10 OFF-TRACK SPORTS BETTING 110
10.11 OTHER 111
11 ASIA PACIFIC SPORTS BETTING MARKET, BY AGE GROUP 112
11.1 OVERVIEW 113
11.2 GEN Y/MILLENNIALS 116
11.3 GEN X 116
11.4 GEN Z 117
11.5 BABY BOOMERS 118
12 ASIA PACIFIC SPORTS BETTING MARKET, BY REGION 119
12.1 ASIA-PACIFIC 120
13 ASIA PACIFIC SPORTS BETTING MARKET, COMPANY LANDSCAPE 159
13.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 159
14 SWOT ANALYSIS 160
15 COMPANY PROFILES 161
15.1 FORTUNAEN TERTAINMENT GROUP A.S. 161
15.1.1 COMPANY SNAPSHOT 161
15.1.2 COMPANY SHARE ANALYSIS 161
15.1.3 PRODUCT PORTFOLIO 162
15.1.4 RECENT DEVELOPMENT 162
15.2 FLUTTER ENTERTAINMENT PLC 163
15.2.1 COMPANY SNAPSHOT 163
15.2.2 REVENUE ANALYSIS 163
15.2.3 COMPANY SHARE ANALYSIS 164
15.2.4 PRODUCT PORTFOLIO 164
15.2.5 RECENT DEVELOPMENTS 165
15.3 WYNN RESORTS LTD. 166
15.3.1 COMPANY SNAPSHOT 166
15.3.2 REVENUE ANALYSIS 166
15.3.3 PRODUCT PORTFOLIO 167
15.3.4 COMPANY SHARE ANALYSIS 167
15.3.5 RECENT DEVELOPMENTS 167
15.4 ENTAIN 169
15.4.1 COMPANY SNAPSHOT 169
15.4.2 REVENUE ANALYSIS 169
15.4.3 COMPANY SHARE ANALYSIS 170
15.4.4 PRODUCT PORTFOLIO 170
15.4.5 RECENT DEVELOPMENTS 170
15.5 BET365. 171
15.5.1 COMPANY SNAPSHOT 171
15.5.2 PRODUCT PORTFOLIO 171
15.5.3 COMPANY SHARE ANALYSIS 171
15.5.4 RECENT DEVELOPMENT 172
15.6 888 HOLDINGS PLC 173
15.6.1 COMPANY SNAPSHOT 173
15.6.2 REVENUE ANALYSIS 173
15.6.3 PRODUCT PORTFOLIO 174
15.6.4 RECENT DEVELOPMENTS 174
15.7 BETAMERICA 175
15.7.1 COMPANY SNAPSHOT 175
15.7.2 PRODUCT PORTFOLIO 175
15.7.3 RECENT DEVELOPMENTS 175
15.8 COMEON GROUP 176
15.8.1 COMPANY SNAPSHOT 176
15.8.2 PRODUCT PORTFOLIO 176
15.8.3 RECENT DEVELOPMENTS 176
15.9 BETSSON AB 177
15.9.1 COMPANY SNAPSHOT 177
15.9.2 REVENUE ANALYSIS 177
15.9.3 PRODUCT PORTFOLIO 178
15.9.4 RECENT DEVELOPMENTS 178
15.10 EVERYMATRIX. 179
15.10.1 COMPANY SNAPSHOT 179
15.10.2 PRODUCT PORTFOLIO 179
15.10.3 RECENT DEVELOPMENTS 180
15.11 FANUP, INC. 181
15.11.1 COMPANY SNAPSHOT 181
15.11.2 PRODUCT PORTFOLIO 181
15.11.3 RECENT DEVELOPMENTS 181
15.12 KAIROS GROUP 183
15.12.1 COMPANY SNAPSHOT 183
15.12.2 PRODUCT PORTFOLIO 183
15.12.3 RECENT DEVELOPMENTS 183
15.13 KINDRED GROUP PLC 184
15.13.1 COMPANY SNAPSHOT 184
15.13.2 REVENUS ANALYSIS 184
15.13.3 PRODUCT PORTFOLIO 185
15.13.4 RECENT DEVELOPMENTS 185
15.14 LAS VEGAS SANDS CORPORATION 186
15.14.1 COMPANY SNAPSHOT 186
15.14.2 REVENUE ANALYSIS 186
15.14.3 COMPANY SHARE ANALYSIS 187
15.14.4 PRODUCT PORTFOLIO 187
15.14.5 RECENT DEVELOPMENTS 187
15.15 NOVIBET 188
15.15.1 COMPANY SNAPSHOT 188
15.15.2 PRODUCT PORTFOLIO 188
15.15.3 RECENT DEVELOPMENTS 188
15.16 PEERMONT ASIA PACIFIC PROPRIETARY LIMITED. 190
15.16.1 COMPANY SNAPSHOT 190
15.16.2 PRODUCT PORTFOLIO 190
15.16.3 RECENT DEVELOPMENTS 190
15.17 RESORTS WORLD SENTOSA 191
15.17.1 COMPANY SNAPSHOT 191
15.17.2 PRODUCT PORTFOLIO 191
15.17.3 RECENT DEVELOPMENTS 191
15.18 RTSMUNITY A.S. 193
15.18.1 COMPANY SNAPSHOT 193
15.18.2 PRODUCT PORTFOLIO 193
15.18.3 RECENT DEVELOPMENT 193
15.19 SCIENTIFIC GAMES 194
15.19.1 COMPANY SNAPSHOT 194
15.19.2 PRODUCT PORTFOLIO 194
15.19.3 RECENT DEVELOPMENTS 194
15.20 SKY INFOTECH 195
15.20.1 COMPANY SNAPSHOT 195
15.20.2 PRODUCT PORTFOLIO 195
15.20.3 RECENT DEVELOPMENT 195
15.21 SPORTRADAR AG 196
15.21.1 COMPANY SNAPSHOT 196
15.21.2 REVENUE ANALYSIS 196
15.21.3 PRODUCT PORTFOLIO 197
15.21.4 RECENT DEVELOPMENTS 197
15.22 SUN INTERNATIONAL 198
15.22.1 COMPANY SNAPXSHOT 198
15.22.2 REVENUE ANALYSIS 198
15.22.3 PRODUCT PORTFOLIO 199
15.22.4 RECENT DEVELOPMENTS 199
15.23 TONYBET 201
15.23.1 COMPANY SNAPSHOT 201
15.23.2 PRODUCT PORTFOLIO 201
15.23.3 RECENT DEVELOPMENTS 201
16 QUESTIONNAIRE 203
17 RELATED REPORTS 207
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.