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 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 2023USD 13.8 billion
Market revenue in 2030USD 27.5 billion
Growth rate10.4% (CAGR from 2023 to 2030)
Largest segmentOnline
Fastest growing segmentOnline
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationOffline, Online
Key market players worldwideEvoke 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 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.

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U.S. sports betting market size, by platform, 2018-2030 (US$B)

U.S. Sports Betting Market Outlook Share, 2023 & 2030 (US$B)

U.S. sports betting market size, by platform, 2018-2030 (US$B)

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