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Report
NA Sports Betting Market - Industry Trends and Forecast to 2030
Market Report I 2022-12-01 I 185 Pages I Data Bridge Market Research
North America sports betting market is projected to register a substantial CAGR of 8.9% 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:
North America 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 (U.S., Canada, Mexico,) Industry Trends and Forecast to 2030
The major contributing factors for North America sports betting market:
- Due to rise in online betting
- Due to rise in number of sports leagues
Market Players:
The key market players for North America sports betting market are listed below:
- BETSSON AB
- LAS VEGAS SANDS CORPORATION
- bet365.
- Flutter Entertainment plc
- Entain
- Kindred Group plc
- MGM Resorts International
- Kindred Group plc
- Wynn Resorts Ltd
- Galaxy Entertainment Group Limited
- Resorts World at Sentosa Pte. Ltd.
- Sun International
- RTSmunity a.s.
- SJM Holdings Limited
- Sportradar AG
- FanUp, Inc.
- Rivalry Ltd.
- Kairos Group
- BETAMERICA
- Scientific Game
- ComeOn Group
TABLE OF CONTENTS
1 INTRODUCTION 27
1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.3 OVERVIEW OF NORTH AMERICA 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 NORTH AMERICA 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 NORTH AMERICA 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 NORTH AMERICA 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 NORTH AMERICA 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 NORTH AMERICA 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 NORTH AMERICA 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 NORTH AMERICA SPORTS BETTING MARKET, BY REGION 119
12.1 NORTH AMERICA 120
13 NORTH AMERICA SPORTS BETTING MARKET, COMPANY LANDSCAPE 137
13.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 137
14 SWOT ANALYSIS 138
15 COMPANY PROFILES 139
15.1 FORTUNAEN TERTAINMENT GROUP A.S. 139
15.1.1 COMPANY SNAPSHOT 139
15.1.2 COMPANY SHARE ANALYSIS 139
15.1.3 PRODUCT PORTFOLIO 140
15.1.4 RECENT DEVELOPMENT 140
15.2 FLUTTER ENTERTAINMENT PLC 141
15.2.1 COMPANY SNAPSHOT 141
15.2.2 REVENUE ANALYSIS 141
15.2.3 COMPANY SHARE ANALYSIS 142
15.2.4 PRODUCT PORTFOLIO 142
15.2.5 RECENT DEVELOPMENTS 143
15.3 WYNN RESORTS LTD. 144
15.3.1 COMPANY SNAPSHOT 144
15.3.2 REVENUE ANALYSIS 144
15.3.3 PRODUCT PORTFOLIO 145
15.3.4 COMPANY SHARE ANALYSIS 145
15.3.5 RECENT DEVELOPMENTS 145
15.4 ENTAIN 147
15.4.1 COMPANY SNAPSHOT 147
15.4.2 REVENUE ANALYSIS 147
15.4.3 COMPANY SHARE ANALYSIS 148
15.4.4 PRODUCT PORTFOLIO 148
15.4.5 RECENT DEVELOPMENTS 148
15.5 BET365. 149
15.5.1 COMPANY SNAPSHOT 149
15.5.2 PRODUCT PORTFOLIO 149
15.5.3 COMPANY SHARE ANALYSIS 149
15.5.4 RECENT DEVELOPMENT 150
15.6 888 HOLDINGS PLC 151
15.6.1 COMPANY SNAPSHOT 151
15.6.2 REVENUE ANALYSIS 151
15.6.3 PRODUCT PORTFOLIO 152
15.6.4 RECENT DEVELOPMENTS 152
15.7 BETAMERICA 153
15.7.1 COMPANY SNAPSHOT 153
15.7.2 PRODUCT PORTFOLIO 153
15.7.3 RECENT DEVELOPMENTS 153
15.8 COMEON GROUP 154
15.8.1 COMPANY SNAPSHOT 154
15.8.2 PRODUCT PORTFOLIO 154
15.8.3 RECENT DEVELOPMENTS 154
15.9 BETSSON AB 155
15.9.1 COMPANY SNAPSHOT 155
15.9.2 REVENUE ANALYSIS 155
15.9.3 PRODUCT PORTFOLIO 156
15.9.4 RECENT DEVELOPMENTS 156
15.10 EVERYMATRIX. 157
15.10.1 COMPANY SNAPSHOT 157
15.10.2 PRODUCT PORTFOLIO 157
15.10.3 RECENT DEVELOPMENTS 158
15.11 FANUP, INC. 159
15.11.1 COMPANY SNAPSHOT 159
15.11.2 PRODUCT PORTFOLIO 159
15.11.3 RECENT DEVELOPMENTS 159
15.12 KAIROS GROUP 161
15.12.1 COMPANY SNAPSHOT 161
15.12.2 PRODUCT PORTFOLIO 161
15.12.3 RECENT DEVELOPMENTS 161
15.13 KINDRED GROUP PLC 162
15.13.1 COMPANY SNAPSHOT 162
15.13.2 REVENUS ANALYSIS 162
15.13.3 PRODUCT PORTFOLIO 163
15.13.4 RECENT DEVELOPMENTS 163
15.14 LAS VEGAS SANDS CORPORATION 164
15.14.1 COMPANY SNAPSHOT 164
15.14.2 REVENUE ANALYSIS 164
15.14.3 COMPANY SHARE ANALYSIS 165
15.14.4 PRODUCT PORTFOLIO 165
15.14.5 RECENT DEVELOPMENTS 165
15.15 NOVIBET 166
15.15.1 COMPANY SNAPSHOT 166
15.15.2 PRODUCT PORTFOLIO 166
15.15.3 RECENT DEVELOPMENTS 166
15.16 PEERMONT NORTH AMERICA PROPRIETARY LIMITED. 168
15.16.1 COMPANY SNAPSHOT 168
15.16.2 PRODUCT PORTFOLIO 168
15.16.3 RECENT DEVELOPMENTS 168
15.17 RESORTS WORLD SENTOSA 169
15.17.1 COMPANY SNAPSHOT 169
15.17.2 PRODUCT PORTFOLIO 169
15.17.3 RECENT DEVELOPMENTS 169
15.18 RTSMUNITY A.S. 171
15.18.1 COMPANY SNAPSHOT 171
15.18.2 PRODUCT PORTFOLIO 171
15.18.3 RECENT DEVELOPMENT 171
15.19 SCIENTIFIC GAMES 172
15.19.1 COMPANY SNAPSHOT 172
15.19.2 PRODUCT PORTFOLIO 172
15.19.3 RECENT DEVELOPMENTS 172
15.20 SKY INFOTECH 173
15.20.1 COMPANY SNAPSHOT 173
15.20.2 PRODUCT PORTFOLIO 173
15.20.3 RECENT DEVELOPMENT 173
15.21 SPORTRADAR AG 174
15.21.1 COMPANY SNAPSHOT 174
15.21.2 REVENUE ANALYSIS 174
15.21.3 PRODUCT PORTFOLIO 175
15.21.4 RECENT DEVELOPMENTS 175
15.22 SUN INTERNATIONAL 176
15.22.1 COMPANY SNAPXSHOT 176
15.22.2 REVENUE ANALYSIS 176
15.22.3 PRODUCT PORTFOLIO 177
15.22.4 RECENT DEVELOPMENTS 177
15.23 TONYBET 179
15.23.1 COMPANY SNAPSHOT 179
15.23.2 PRODUCT PORTFOLIO 179
15.23.3 RECENT DEVELOPMENTS 179
16 QUESTIONNAIRE 181
17 RELATED REPORTS 185
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