GITNUX MARKETDATA REPORT 2024

Sports Betting Industry Statistics [Fresh Research]

Statistic 1

"The global sports betting market was valued at $203 billion in 2020."

Sources Icon

Statistic 2

"The total online sports betting market is forecast to reach $126.2 billion by 2026."

Sources Icon

Statistic 3

"The Asia Pacific held the largest market share in sports betting, garnering nearly 47% in 2018."

Sources Icon

Statistic 4

"Of the total amount bet at sportsbooks, 65-80% is being wagered on football."

Sources Icon

Statistic 5

"The sports betting industry may reach a worth of $8 billion in the United States by 2025."

Sources Icon

Statistic 6

"In 2018, the global sports betting industry made $11 billion in revenue."

Sources Icon

Statistic 7

"UK players wagered a gross of £14.5 billion between 2018 and 2019."

Sources Icon

Statistic 8

"Over 50% of US adults have placed a sports bet at least once in their lives."

Sources Icon

Statistic 9

"Mobile betting represented more than 80% of all bets placed online in 2019."

Sources Icon

Statistic 10

"In 2019, illegal sports betting represented a market size of $70 billion."

Sources Icon

Statistic 11

"New Jersey was the biggest market in American sports betting in 2019 with more than $4.5 billion wagered."

Sources Icon

Statistic 12

"The gross gaming yield of sports betting for pool betting in Great Britain was £28.3 million from April 2018 to March 2019."

Sources Icon

Statistic 13

"In 2020, 32% of sports bets were made on a mobile device."

Sources Icon

Statistic 14

"By the end of 2020, 19 U.S. states had regulated sports betting."

Sources Icon

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!