The international sports betting market is predicted to be worth US$182.12 billion by the end of the decade, according to a study by market analyst Research Insights.
The group associates global growth with expanding mobile phone and internet accessibility. The market is predicted to show a compound annual growth rate of 10.3% over the remainder of the decade.
The research was based on an in-depth study of key players in the industry, a close analysis of trends in the global sports betting market, and the development of future opportunities. The report incorporates information on betting platforms, bet type, geography, and sport type.
