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The Size and Increase of the Global Sports Betting Market

Massive Is the Sports Betting Market?

It is important to recognize the overall size of the sports betting market is difficult to estimate since regulations and record keeping are inconsistent. There is no source, from nation to nation, that researchers can rely on. Records are too disparate to paint an accurate picture.

That said, it doesn’t mean there are estimates. International sports is estimated to have a market capitalization of $250 billion. In accordance with Statistica, a highly-reputable company, accredited online sportsbooks (like the ones we examine ) account for upwards of $39.7 billion of this revenue.

The remainder of the sports stakes are staked at venues like at casinos horse tracks, or other global conduits.

The Fastest Growing Sports Betting Market: The United States

In 2009, the sports gaming market has been valued at $20 billion. 2016, it valued at $40 billion. With a present market capitalization of (conservatively) between $60-73 billion, the marketplace has conservatively grown at a rate of $10 billion per year. If this rate continues, American sports will occupy an increasingly important share of the world industry.

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