4 views left Get unlimited views with a free account

Explore the latest trends and actionable insights on the Global Esports market to inform business strategy and pinpoint opportunities and risks

Market Size of Sports Betting in the Americas Region (2017-2021, $ Billion)

Industry: Casinos And Gambling
Current: Market Sizing & Shares

The market size of the Sports Betting sector in the Americas region reached a value of $3.7 billion in 2021
The major companies that have a strong presence in the Americas sports betting market includes SuperBook, Unibet, and FanDuel SportsBook
The Sports Betting market in the Americas region saw growth of 180% in 2021 as the sector witnessed a recovery in demand

Market Size of Sports Betting in the Americas Region : Industry Overview

Predicting results and making a bet on the outcome of traditional games is known as other form of betting. The frequency of games varies by culture, with most wagers being put on amateur and professional levels of association includes games like horse racing, track cycling, car racing etc.

The market size of the Sports Betting sector in the Americas region reached a value of $3.7 billion in 2021. Key market for Sports Betting in the Americas region remain the US . As many of the countries globally have made betting legal in their respective region which has paved way for the growth of the sector.

The Sports Betting market in the Americas region saw growth of 180% in 2021 as the sector witnessed a recovery in demand after easing the restrictions which were placed on account of the pandemic COVID-19.

Earlier in the year 2020, The COVID-19 outbreak impacted the sector greatly. Sports Betting were forced to shut their business for most of the year due to the ongoing coronavirus restrictions and lockdowns which postponed many sports and tournaments globally. During the year 2020, the market value of sports betting in the Americas region still saw a growth of 46% as the online mode of betting for many American sports offset the impact of COVID-19.

Many sports betting games requires people presence and are done in a offline mode in casinos via bookies who takes bet on the behalf of the people betting on the game. Thus, when casinos were open, they needed to adjust their games and follow the government’s coronavirus safety measures, decreasing demand for the sector in general.

The major companies that have a strong presence in the Americas sports betting market includes SuperBook, Unibet, and FanDuel SportsBook.

Explore the latest trends and actionable insights on the Global Esports market to inform business strategy and pinpoint opportunities and risks Explore the latest trends and actionable insights on the Global Esports market to inform business strategy and pinpoint opportunities and risks Visit Report Store