U.S. Sports Betting Market Size & Outlook, 2023-2030
The sports betting market in the United States is expected to reach a projected revenue of US$ 27.5 billion by 2030. A compound annual growth rate of 10.4% is expected of the United States sports betting market from 2024 to 2030.
Revenue, 2023 (US$B)
$13.8
Forecast, 2030 (US$B)
$27.5
CAGR, 2024 - 2030
10.4%
Report Coverage
U.S.
U.S. sports betting market, 2018-2030 (US$B)
Related Markets
U.S. sports betting market highlights
- The U.S. sports betting market generated a revenue of USD 13.8 billion in 2023 and is expected to reach USD 27.5 billion by 2030.
- The U.S. market is expected to grow at a CAGR of 10.4% 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 13.8 billion |
| Market revenue in 2030 | USD 27.5 billion |
| Growth rate | 10.4% (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, U.S. accounted for 15.1% 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 North America, U.S. sports betting market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5.5 billion by 2030.
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Sports Betting Market Scope
Sports betting market segmentation & scope
Sports Betting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 58.7% in 2023. Horizon Databook has segmented the U.S. sports betting market based on offline, online covering the revenue growth of each sub-segment from 2018 to 2030.
- U.S. Sports Betting Platform Outlook (Revenue, USD Billion, 2018-2030)
- Offline
- Online
- U.S. Sports Betting Type Outlook (Revenue, USD Billion, 2018-2030)
- Fixed Odds Wagering
- Exchange Betting
- Live/In Play Betting
- eSports Betting
- Others
- U.S. Sports Betting Sports Type Outlook (Revenue, USD Billion, 2018-2030)
- Football
- Basketball
- Baseball
- Horse Racing
- Cricket
- Hockey
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. sports betting market , including forecasts for subscribers. This country databook contains high-level insights into U.S. sports betting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. sports betting market size, by platform, 2018-2030 (US$B)
U.S. Sports Betting Market Outlook Share, 2023 & 2030 (US$B)
Related regional statistics
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