Sport
Sports Betting Market to Expand at a CAGR of 9.1% during Forecast Period, According to TMR Study
Rise in number of sports enthusiasts has resulted in the expansion of business opportunities in the global sports betting market. One of the business areas with highest growth is gambling. Several countries are contemplating on legalizing sports betting, as per market research on sports betting. This is anticipated to fuel market growth throughout the forecast period.
Sports bettors use bookies or legal means to place their bets. Both physical betting bookies and online betting platforms are open for placing bets. Most of the bets are placed on sports such as boxing, baseball, mixed martial arts, basketball, hockey, and American football. In contrast to football betting, which is popular in Latin and North America, online cricket betting is growing in popularity in Asia Pacific .
Some of the key market players are
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