Global Sports Betting Market Set to Hit $182 Billion by 2030

USA.- June 6, 2025 www.zonadeazar.com The global sports betting market is on a fast track to reach $182.12 billion by 2030, up from $83.65 billion in 2022, according to a new report by The Research Insights. The market is expected to grow at a CAGR of 10.3%, fueled by mobile innovation, regulatory liberalization, and increasing cultural acceptance.
Key Growth Drivers:
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Widespread internet and smartphone use
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Legalization in key regions like the U.S., Latin America, and Africa
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Integration of AI, machine learning, and blockchain
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Rising popularity of micro-betting, in-play options, and esports
Europe leads the global market with over 35% share, while Asia Pacific is expected to post the fastest growth with a CAGR over 11%. Online platforms dominate, with a projected CAGR surpassing 12%, reflecting consumer demand for digital, real-time betting experiences.
Major players like Flutter Entertainment, Bet365, Betsson AB, and Entain are expanding rapidly, with notable acquisitions in Brazil, Italy, and Peru. As sports betting continues to merge with entertainment and technology, the sector is becoming a core part of the global digital economy.
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Edited by: @MaiaDigital www.zonadeazar.com