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The Global Market revenue was valued at USD 74.2 Billion in the year 2021 and is expected to rise to exhibit a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period states Vantage Market Research, in a report, titled “ Sports Betting Market Size, Share & Trends Analysis Report by Platform (Offline, Online), by Betting Type (Fixed Odds Wagering, Exchange Betting, Live/In Play Betting, Pari-mutuel), by Sports Type (Football, Basketball, Baseball, Horse Racing), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028) ”. The Global Sports Betting Market revenue is expected to reach a value USD 129.3 Billion in the year 2028. In addition, the increased penetration of connected devices is anticipated to augment the development of the Global Sports Betting Market over the projected period. WASHINGTON, J(GLOBE NEWSWIRE) - Vantage Market Research’s recent analysis of the Global Sports Betting Market finds that the increasing technological advancement and innovation are expediting market growth.

Sports betting industry analysis