Increasing legalisation of sports betting across various countries is a key trend sporting the market growth.Fans of a particular sport often are interested in betting on that particular sport. Sports betting is becoming increasingly popular among the general population due to its entertainment appeal and the widespread interest in various sports.Mobile sports betting apps and services also allow users to place on-the-go bets, further boosting their utilisation. Introduction of mobile betting has positively impacted the sports betting industry growth as it increases convenience.Read more about this report - REQUEST FREE SAMPLE COPY IN PDF It involves predicting the winners of the sports competitions and placing bets on the basis of those predictions. Sports betting is a type of gambling where individuals can place wagers and bets on the outcome of sporting events. The market is further expected to grow at a CAGR of 9.30% between 20, reaching a value of USD 218.76 billion by 2032. The global sports betting market size reached a value of approximately USD 98.26 billion in 2023.
