Global Sports Betting Market Forecast Projects Significant Growth Through 2033
What happened
A report on the global sports betting market projects that the industry will reach US$ 235.19 billion by 2033, up from US$ 98.77 billion in 2024. This growth is expected to maintain a Compound Annual Growth Rate of 10.12% from 2025 to 2033. Key factors fueling this expansion include the rise of e-sports, advanced technologies, and the increasing accessibility of digital platforms.
From GlobeNewswire
Why it matters
The projected expansion indicates a major shift in the global entertainment and technology sectors. The market is expanding in regions such as the US, UK, India, and UAE, driven by technological evolution and regulatory advancements. This growth suggests continued high investment in digital betting platforms.
From GlobeNewswire
Who's involved
- International Game TechnologyOperates within the global sports betting market
- DraftKingsOperates within the global sports betting market
How it developed
Newest first. Tap a step to see who reported it.- DraftKings leveraged the Presidents Cup golf tournament for promotional sign-ups.Sub-event
- DraftKings integrated acquisitions like SimpleBet to enhance wagering capabilities.Sub-event
- DraftKings' stock performance in August 2025 showed it slightly underperforming its industry average.Sub-event
Two companies, International Game Technology and DraftKings, operate in the global sports betting market.1 source
Keep exploring
The entities involved
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International Game Technology
American gaming company founded in 1975
Nothing else this week.
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DraftKings
daily fantasy sports content provider
Coverage
Newest first; wire copies grouped- GlobeNewswireSports Betting Market Forecast and Company Analysis Report 2025-2033 Featuring 888, Bet365, Bet-at-Home, Betfred, Betsson, DraftKings, Entain, Flutter, International Game Technology, Kindred Group Th