The market size of the global sports betting industry stood at 243.7 billion U.S. dollars as of 2024. Within this industry, there were over 200 thousand employees in a total of around 22 thousand businesses. Many countries participate in legal sports betting, one of the more recent being the United States. Despite being a relative newcomer, the revenue of the sports betting industry in the U.S. was predicted to grow to as much as 10 billion U.S. dollars by 2028.
Key industry data on the sports betting and lotteries industry worldwide as of March 2024
Included in the definition of the legal gambling industry are lotteries, Lotto, sports betting, non-casino video machines, as well as Keno and scratch tickets.
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IBISWorld. (March 21, 2024). Key industry data on the sports betting and lotteries industry worldwide as of March 2024 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/
IBISWorld. "Key industry data on the sports betting and lotteries industry worldwide as of March 2024." Chart. March 21, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/
IBISWorld. (2024). Key industry data on the sports betting and lotteries industry worldwide as of March 2024. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/
IBISWorld. "Key Industry Data on The Sports Betting and Lotteries Industry Worldwide as of March 2024." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/
IBISWorld, Key industry data on the sports betting and lotteries industry worldwide as of March 2024 Statista, https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/ (last visited December 21, 2024)
Key industry data on the sports betting and lotteries industry worldwide as of March 2024 [Graph], IBISWorld, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/
