openPR Logo
Press release

U.S. Sports Betting Market Revenue to Cross USD 32.63 Billion by 2032; Registering at a CAGR of 10.2%

04-12-2024 01:38 PM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

U.S. Sports Betting Market

U.S. Sports Betting Market

The most recent study by Polaris Market Research, "U.S. Sports Betting Market 2024 - 2032", was published. The report states that the market for sports betting in the U.S. was valued at USD 13.66 billion in 2023. The market is projected to grow to USD 32.63 billion by 2032, exhibiting a CAGR of 10.2% during the forecast period, 2024 to 2032.

Sports betting refers to the act of predicting sports results and wagering on the outcome. The primary intent for individuals to bet on sports is to win additional cash. Betting on sports is one of the most popular forms of staking as it enables sports fans to prove their knowledge and show loyalty to a specific team or player.

๐†๐ž๐ญ ๐š๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/us-sports-betting-market/request-for-sample

Sports bettors make use of a bookmaker/sportsbook to place their wagers. The most common form of sports bets includes wagering on the outcome of the game. Other forms of sports wagers include money lines, spreads, parlays, over/under, futures, and props. Multiple factors determine how much money a sports bettor can win. These include the amount wagered, the sportsbook used, and the odds established by the bookmaker.

Regulatory frameworks established by governments in the U.S. are anticipated to shape future market trends, providing consumers with employment opportunities and improved experiences. Besides, the rising number of sporting leagues and events is expected to drive market growth.

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐š๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐”.๐’. ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž:

โ€ข Bet America
โ€ข Caesars
โ€ข clutchbet.
โ€ข Desert Diamod Sports
โ€ข Draft Kings
โ€ข Fanduel
โ€ข Fanatics
โ€ข Fanduel
โ€ข TVG
โ€ข Twinspires

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3792/2

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ

โ€ข Mobile Betting: Mobile betting apps are one of the most popular ways for consumers to place bets on sports, offering convenience and ease of access.
โ€ข In-Play Betting: In-play or live betting allows users to place bets on ongoing games, providing an engaging and interactive experience.
โ€ข Daily Fantasy Sports: Daily fantasy sports (DFS) platforms offer an alternative to traditional sports betting, allowing users to create fantasy teams and compete for prizes.

๐”.๐’. ๐’๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ž๐ญ๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข In 2023, the online segment accounted for the largest growth of market share in the U.S. sports betting market. This surge in online activity during the pandemic accelerated the growth of the online segment and prompted more individuals to explore online betting options.
โ€ข The football segment is expected to grow at a significant CAGR during the forecast period. Moreover, technological advancements, such as real-time data feeds and advanced analytics, have enabled bettors to make more informed decisions when placing bets on football games. This accessibility to data and information enhances the overall betting experience and encourages greater engagement with football betting.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐“๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ก๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/us-sports-betting-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

โ€ข The U.S. sports betting market segmentation is primarily based on platform, type, sports, and application.
โ€ข By platform insights, the online segment accounted for the largest market share owing to the increased prevalence and accessibility of internet-enabled devices.
โ€ข By sports insights, the football segment is anticipated to witness significant growth as the sport holds a prominent position in American sports culture.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Private 5G Network Market: https://www.polarismarketresearch.com/industry-analysis/private-5g-network-market

Speech Analytics Market: https://www.polarismarketresearch.com/industry-analysis/speech-analytics-market

Corporate Lending Platform Market: https://www.polarismarketresearch.com/industry-analysis/corporate-lending-platform-market

Green Technology And Sustainability Market: https://www.polarismarketresearch.com/industry-analysis/green-technology-and-sustainability-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release U.S. Sports Betting Market Revenue to Cross USD 32.63 Billion by 2032; Registering at a CAGR of 10.2% here

News-ID: 3461928 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Water Softening Systems Market to Reach USD 5.79 Billion by 2032, With a CAGR of 6.30% Report By PMR
Water Softening Systems Market to Reach USD 5.79 Billion by 2032, With a CAGR of โ€ฆ
๐–๐š๐ญ๐ž๐ซ ๐’๐จ๐Ÿ๐ญ๐ž๐ง๐ข๐ง๐  ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐’๐ข๐ณ๐ž ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค, ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐š๐ง๐ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ. ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ฐ๐š๐ญ๐ž๐ซ ๐ฌ๐จ๐Ÿ๐ญ๐ž๐ง๐ข๐ง๐  ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐จ ๐›๐ž ๐ฐ๐จ๐ซ๐ญ๐ก ๐”๐’๐ƒ 3.36 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023 ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐ž๐๐ข๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐ญ๐จ ๐”๐’๐ƒ 5.79 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2032, ๐ฐ๐ข๐ญ๐ก ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 6.30% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐ 2024 ๐ญ๐จ 2032. ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž: This report emphasizes overall sales volume, revenue, price, market share, and key companies to present a thorough overview ofโ€ฆ
Camping Furniture Market Is Likely to Grow at a CAGR of 5.50% through 2032, Reaching USD 405.83 Million Report By PMR
Camping Furniture Market Is Likely to Grow at a CAGR of 5.50% through 2032, Reac โ€ฆ
๐“๐ก๐ž ๐œ๐š๐ฆ๐ฉ๐ข๐ง๐  ๐Ÿ๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐›๐ž ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ 250.65 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง 2023 ๐š๐ง๐ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ข๐ฌ๐ž ๐ญ๐จ ๐”๐’๐ƒ 405.83 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ 2032. ๐“๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ 5.50% ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐. Various factors propelling the demand for camping furniture include: โ— The availability of a wide variety of advanced product designs, such as comfortable and multipurpose tables and seats, has increasedโ€ฆ
Rope Market is expected to grow to USD 25.32 billion by 2032 | Polaris Market Research
Rope Market is expected to grow to USD 25.32 billion by 2032 | Polaris Market Re โ€ฆ
Rope Industry - Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global rope market was valued at USD 14.57 billion in 2023. It is expected to grow to USD 25.32 billion by 2032, expanding at a compound annual growth rate (CAGR) of 6.30% during the forecast period from 2024 to 2032.ย  ๐‘น๐’†๐’‘๐’๐’“๐’• ๐‘บ๐’„๐’๐’‘๐’†: The research report sheds light on all the major industry aspects, including market size, share, revenue, and overallโ€ฆ
Car Detailing Services Market Projected to Hit USD 62.93 Billion by 2032, to grow at a CAGR of 5.4% | PMR
Car Detailing Services Market Projected to Hit USD 62.93 Billion by 2032, to gro โ€ฆ
According to the research report, the global Car Detailing Services Market was valued at USD 37.40 billion in 2022 and is expected to reach USD 62.93 billion by 2032, to grow at a CAGR of 5.4% during the forecast period. ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐…๐ซ๐ž๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/car-detailing-services-market/request-for-sample ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: Car detailing is the process of improving a vehicle's interior and exterior look. A complete cleaning is possible; any enhancements to address minor flaws,โ€ฆ

All 5 Releases


More Releases for Sports

Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours โ€ฆ
A latest study released by HTF MI on Global Sports Tourism Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Sports Tourism market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are BACโ€ฆ
02-18-2019 | Sports
Orbis Research
Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports โ€ฆ
Global Sports Tourism Market 2019-2023: With the rise in Global Sports Tourism Market, the need for niche Market has grown by a staggering rate. This has resulted in a major push in the Global Sports Tourism ย ย ย Market Industry Market. With Global Sports Tourism ย ย ย Market gaining traction across the globe including the developing Markets of APAC and Africa, many software providers have jumped onto the software bandwagon to develop and provide Globalโ€ฆ
Big Boom in Global Sports Tourism Market 2018: BAC Sport, Great Atlantic Sports โ€ฆ
A professional survey done by Report Consultant has formulated a report titled โ€œGlobal Sports Tourism Marketโ€, which instills a crisp idea of the influential aspects affecting the growth of the market. It gives the new entrants a clear idea of all the business strategies incorporated by the key players, which is helping them regulate their trade success. It serves a reliable business tool helping the reader to understand the globalโ€ฆ
09-21-2018 | Sports
ReportsWeb
Sports Tourism Market Breakdown of Leading Market Playerโ€™s 2018-2022: Great At โ€ฆ
ReportsWeb.com has announced the addition of the โ€œGlobal Sports Tourism Market Size Status and Forecast 2018-2022โ€ The report classifies the global Sports Tourism Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Sports Tourism market, analyzes and researches the Sports Tourism development status and forecast in United States, EU, Japan, China, India and Southeastโ€ฆ
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By โ€ฆ
"The Report US Licensed Sports Merchandise Market: Trends, Opportunities and Forecasts (2016-2021) (By Segment - Sports Apparel, Sports Footwear, Sports Equipment -Videogames, Sporting goods and Toys; By Leagues - NFL, NBA, MLB, NHL; By Key Players - Competitive Landscape) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" MarketResearchReports has announced the addition of a new research report providing an executive-level blueprintโ€ฆ
China Sports Market (Sports Apparel, Sports Footwear, Sports Equipment) & Foreca โ€ฆ
China Sports Market Overview China sports market is expected to be more than US$ 100 Billion industry by the year 2020. To achieve this impressive growth China sports market is expected to grow with double digit CAGR. In the year 2010 Sports Apparel used to be the biggest market, but by 2015 Sports Equipment has overtaken Sports Apparel market. Company sales are highly fragmented and no single company holds double digitโ€ฆ