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The global horse and sports betting market size is estimated to grow by USD 221.4 million between 2023 and 2028 and exhibiting a CAGR of 11.06%. Market expansion hinges on several factors, notably the surge in digital connectivity, the recent legalization of horse and sports betting, and the rising disposable incomes among consumers. These elements collectively fuel demand and foster growth within the market. The proliferation of digital connectivity enables seamless access to betting platforms, attracting a broader audience of participants. Additionally, the legalization of horse and sports betting opens new avenues for revenue generation and market penetration. As disposable incomes rise, individuals have more spending power, leading to increased participation in betting activities. These factors synergize to create a conducive environment for market expansion, driving innovation and competition among industry players.
The market in Europe is fuelled by easy access to online betting sites has increased the popularity of online sports among the European population. Bet365 Group Ltd. offers horse and sports betting, such as UK racing and US horse racing. Also, the company provides a range of betting opportunities for various sports, including football, horse racing, tennis, cricket, and basketball, as well as casino, games, poker, and bingo rooms online.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Platform
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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