Mar 28, 2020 (HTF Market Intelligence via COMTEX) -- This intelligence report provides a comprehensive analysis of the Global Sports Betting Market. This includes Investigation of past progress, ongoing market scenarios, and future prospects. Data True to market on the products, strategies and market share of leading companies of this particular market are mentioned. It's a 360-degree overview of the global market's competitive landscape. The report further predicts the size and valuation of the global market during the forecast period. Some of the key players profiled in the study are William Hill (United Kingdom), 888 Holdings (Spain), Bet-at-home.com (Germany), Bwin.Party (United Kingdom), Ladbrokes (United Kingdom), Microgaming (United Kingdom), Paddy Power Betfair (Republic of Ireland), GVC Holdings PLC (The Isle of Man), Kindred Group (Malta) and Bet365 Group Ltd (United Kingdom)
Sports betting is the type of activity that includes predicting sports results as well as placing a wager on the outcome. With the fast growing preference for digital platforms as well as the growing Internet penetration, consumers experience easy access to online sports betting platforms. Additionally, the digital revolution in the sports industry is key factor responsible for the growth of the sports betting market. Digital platforms permit customers to place bets from any remote location around the world. The regularity of sports bet upon varies by culture, with the popularity of bets being placed on association football, basketball, American football, baseball, track cycling, hockey, auto racing, as well as mixed martial arts around the world.
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Increasing Usage of Betting Tools
Extensive usage of digital processes
Legalization of Sports Betting
Increasing popularity of virtual sports betting
Ban on Sports Betting in Some of the Countries Around the Globe
Increasing per capita disposable income among people in emerging markets
Each segment and sub-segment is analyzed in the research report. The competitive landscape of the market has been elaborated by studying a number of factors such as the best manufacturers, prices and revenues. Global Sports Betting Market is accessible to readers in a logical, wise format. Driving and restraining factors are listed in this study report to help you understand the positive and negative aspects in front of your business.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and a consistent in depth analysis of the major vendor/key players in the market.
Furthermore, the years considered for the study are as follows:
Historical year - 2013-2017
Base year - 2018
Forecast period** - 2019 to 2025 [** unless otherwise stated]
**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.
The Global Sports Betting segments and Market Data Break Down are illuminated below:
by Type (Fixed Odds Sports Betting, In Play/Live Betting, Exchange Betting, Spread Betting, Daily Fantasy Sports, Pari-Mutuel Betting, E-Sports Betting), Application (Draw games, Instant Games, Lotto, Numbers Games, Others), Platform (Online, Offline), Sports Type (Association Football (Soccer), Basketball, Hockey, Mixed Martial Arts, Boxing)
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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Objectives of the Study
To Define, Describe, and Segment The Global Sports Betting Market On The Basis Of Type, Function, Application, And Region.
To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
To estimate the size of the Global Sports Betting Market in terms of value.
To study the individual growth trends of the providers of Global Sports Betting Market, their future expansions, and analyze their contributions to the market
To strategically analyze micro-markets with respect to individual growth trends, future prospects, and contribution to the total market, covered by Global Sports Betting Market and various regions.
To track and analyze competitive developments such as joint ventures, mergers & acquisitions, and new product launches, in Global Sports Betting Market.
To strategically profile key market players and comprehensively analyze their market position and core competencies