U.S. Sports Betting Market Revenue to Cross USD 32.63 Billion by 2032; Registering at a CAGR of 10.2%
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.
๐๐๐ญ ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: 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.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐.๐. ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐๐ญ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Bet America
โข Caesars
โข clutchbet.
โข Desert Diamod Sports
โข Draft Kings
โข Fanduel
โข Fanatics
โข Fanduel
โข TVG
โข Twinspires
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3792/2
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
โข 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.
โข In-Play Betting: In-play or live betting allows users to place bets on ongoing games, providing an engaging and interactive experience.
โข 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. ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐๐ญ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข 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.
โข 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.
๐๐๐๐๐ฌ๐ฌ ๐๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐ก๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/us-sports-betting-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
โข The U.S. sports betting market segmentation is primarily based on platform, type, sports, and application.
โข By platform insights, the online segment accounted for the largest market share owing to the increased prevalence and accessibility of internet-enabled devices.
โข By sports insights, the football segment is anticipated to witness significant growth as the sport holds a prominent position in American sports culture.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
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Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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.
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