Global Sports Betting Market Outlook, 2019-2023 - Leading Players are 888 Holdings, Flutter Entertainment, GVC Holdings, Kindred Group, and William Hill - ResearchAndMarkets.com

The "Global Sports Betting Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The sports betting market analysis considers sales through offline and online segments. Betting is prevalent across sports such as soccer, tennis, horse racing, baseball, basketball, cricket, and others. The analysis also considers sports betting in APAC, Europe, MEA, North America, and South America.

In 2018, the offline segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as privacy and trust issues with online betting will significantly help the market segment in maintaining its leading position.

Also, the global sports betting report has observed market growth factors such as the digital revolution, increasing commercialization of sports events, and legalization of sports betting. However, stringent government regulations and restrictions, scandals and illegal practices in betting, and socioeconomic impact of sports betting may hamper the growth of the sports betting industry over the forecast period.

Legalization of sports betting

The popularity of sports betting is growing owing to the legalization of the activity by many governments. As a result, the viewership for sports events will increase, augmenting revenues for sports associations and organizations. As a result, the legalization of sports betting will lead to the expansion of the sports betting market at a CAGR over 10% during the forecast period.

Emergence of machine learning in sports betting

The use of machine learning tools and methods is gaining prevalence in sport betting. This is because the technology can make almost precise to absolute accurate predictions. This trend will have a positive impact on the overall market growth.

Competitive Landscape

With the presence of several major players, the global sports betting market is fragmented. The robust vendor analysis is designed to help clients in improving their market positions, and in line with this, this report provides a detailed analysis of several leading sports betting manufacturers, which include:

• 888 Holdings
• Flutter Entertainment
• GVC Holdings
• Kindred Group
• William Hill

Also, the Sports betting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY PLATFORM

• Comparison by platform
• Offline - Market size and forecast 2018-2023
• Online - Market size and forecast 2018-2023
• Market opportunity by platform

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic comparison
• APAC - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: MARKET SEGMENTATION BY TYPE OF SPORTS

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

• Emergence of machine learning in sports betting
• Rising consolidation in sports betting market
• Increasing popularity of e-sports tournaments

PART 13: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 14: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• 888 Holdings PLC
• Flutter Entertainment PLC
• GVC Holdings PLC
• Kindred Group PLC
• William Hill PLC

For more information about this report visit https://www.researchandmarkets.com/r/kiayqh

View source version on businesswire.com: https://www.businesswire.com/news/home/20190910005698/en/