China Sports Betting Market Size & Outlook, 2023-2030
China sports betting market, 2018-2030 (US$B)
Related Markets
China sports betting market highlights
- The China sports betting market generated a revenue of USD 6.4 billion in 2023 and is expected to reach USD 12.6 billion by 2030.
- The China market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, online was the largest revenue generating platform in 2023.
- Online is the most lucrative platform segment registering the fastest growth during the forecast period.
Sports betting market data book summary
| Market revenue in 2023 | USD 6.4 billion |
| Market revenue in 2030 | USD 12.6 billion |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Online |
| Fastest growing segment | Online |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Offline, Online |
| Key market players worldwide | Evoke PLC, Betsson AB Class B, Churchill Downs Inc, Entain PLC, Flutter Entertainment PLC, International Game Technology PLC, Kindred Group PLC SEDR, Sportech PLC |
Other key industry trends
- In terms of revenue, China accounted for 7.0% of the global sports betting market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China sports betting market is projected to lead the regional market in terms of revenue in 2030.
- Philippines is the fastest growing regional market in Asia Pacific and is projected to reach USD 0.5 billion by 2030.
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Sports Betting Market Scope
Sports Betting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China sports betting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sports betting market will help companies and investors design strategic landscapes.
Online was the largest segment with a revenue share of 53.13% in 2023. Horizon Databook has segmented the China sports betting market based on offline, online covering the revenue growth of each sub-segment from 2018 to 2030.
- China Sports Betting Platform Outlook (Revenue, USD Billion, 2018-2030)
- Offline
- Online
- China Sports Betting Type Outlook (Revenue, USD Billion, 2018-2030)
- Fixed Odds Wagering
- Exchange Betting
- Live/In Play Betting
- eSports Betting
- Others
- China Sports Betting Sports Type Outlook (Revenue, USD Billion, 2018-2030)
- Football
- Basketball
- Baseball
- Horse Racing
- Cricket
- Hockey
- Others
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Target buyers of China sports betting market databook
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Our clientele includes a mix of sports betting market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China sports betting market , including forecasts for subscribers. This country databook contains high-level insights into China sports betting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China sports betting market size, by platform, 2018-2030 (US$B)
China Sports Betting Market Outlook Share, 2023 & 2030 (US$B)
Related regional statistics
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