With the electronic revolution in full swing along with the ease of government legislation on gambling, the sports betting industry is getting dynamic transformations over the past couple of years and consequently surging in popularity across the word, the revenues of many world’s leading sports betting companies are also growing considerably year on year. Nowadays, sports has become among the fastest growing industries around the planet, offering immense potential for bettors and sportsbooks. Some of the favorite games for sports gambling include horse racing, golf, cricket, soccer, baseball, basketball and greyhounding clubs.
For the online gaming market dimensions, sports gambling companies on earth, and sports betting market forecast, please see our report Worldwide Sports Betting Market 2018-2022, or download your FREE International Sports Betting Market Report Sample!
The last few years er, opportunities have opened for gamblers to share in sports gambling anywhere in the world through digital platforms, except in those nations where betting is banned. The sports occupies the major market share in the online gambling industry accounting for at least 40 percent of the worldwide gambling revenue production. According to the Technavio’s market analysts, the sports gambling market will grow at an impressive CAGR, together with the sports gambling market revenue expected to reach almost $370 billion.
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