APAC Sports Betting Market - Industry Trends and Forecast to 2030

Description

List of Tables

Asia-Pacific sports betting market is projected to register a substantial CAGR of 9.5% in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022 and the forecast period is 2023 to 2030.

Market Segmentation:

Asia-Pacific Sports Betting Market, By Type (Line-In-Play, Fixed Old Betting, Exchange Betting, Daily Fantasy, Spread Betting, E-Sports, Pari Mutuel), Platform (Online and Offline), Sports (Racing and Non Racing Sports), Operator (Casinos, Bingo Halls, Card Rooms, Bookmakers, Coin-Operated Gambling Device, Concession Operators, Video Gaming Terminals, Lotteries Operator, Off-Track Sports Betting, and Others), Age Group (GEN Z, GEN Y/MILLENIALS, GEN X, Baby Boomers), Country (Japan, China, Australia, India, South Korea, Singapore, Indonesia, Thailand, Malaysia, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2030.

The major contributing factors for Asia-Pacific sports betting market:

Due to digitalization of infrastructure

Due to rise in more number of sports leagues

Market Players:

The key market players for Asia-Pacific sports betting market are listed below:

LAS VEGAS SANDS CORPORATION

bet365.

Flutter Entertainment plc

888 Holdings Plc

Entain

Kindred Group plc

Wynn Resorts Ltd

Galaxy Entertainment Group Limited

Resorts World at Sentosa Pte. Ltd.

RTSmunity a.s.

SJM Holdings Limited

Sportradar AG

Rivalry Ltd.

ComeOn Group

1 INTRODUCTION 27

1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.3 OVERVIEW OF ASIA PACIFIC SPORTS BETTING MARKET 27
1.4 CURRENCY AND PRICING 29
1.5 LIMITATION 29
1.6 MARKETS COVERED 29

2 MARKET SEGMENTATION 32

2.1 MARKETS COVERED 32
2.2 GEOGRAPHICAL SCOPE 33
2.3 YEARS CONSIDERED FOR THE STUDY 34
2.4 DBMR TRIPOD DATA VALIDATION MODEL 35
2.5 MULTIVARIATE MODELING 38
2.6 TYPE LIFELINE CURVE 38
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 39
2.8 DBMR MARKET POSITION GRID 40
2.9 VENDOR SHARE ANALYSIS 42
2.10 SECONDARY SOURCES 43
2.11 ASSUMPTIONS 43

3 EXECUTIVE SUMMARY 44

4 PREMIUM INSIGHT 47

4.1 CONSUMER BEHAVIOUR PATTERN 48
4.2 PESTEL ANALYSIS 50
- 4.2.1 POLITICAL 50
  - 4.2.1.1 POLITICAL STABILITY OF ORGANIZATIONS: 50
  - 4.2.1.2 FISCAL POLICY (TAXATION): 51
  - 4.2.1.3 TRANSPARENCY IN GOVERNMENT STRUCTURE 51
- 4.2.2 ECONOMIC 52
  - 4.2.2.1 INFLATION: 52
  - 4.2.2.2 ECONOMIC GROWTH RATE 52
  - 4.2.2.3 EXCHANGE AND INTEREST RATE 52
- 4.2.3 SOCIAL 53
  - 4.2.3.1 DEMOGRAPHICS 53
  - 4.2.3.2 GENDER 53
  - 4.2.3.3 CULTURAL AND SOCIETAL NORMS 54
- 4.2.4 TECHNOLOGICAL 54
  - 4.2.4.1 TECHNOLOGICAL INNOVATIONS 54
  - 4.2.4.2 RESEARCH AND DEVELOPMENT 55
- 4.2.5 LEGAL 55
  - 4.2.5.1 EMPLOYER REGULATIONS 55
  - 4.2.5.2 LAW GOVERNING INTELLECTUAL PROPERTY 56
  - 4.2.5.3 CONSUMER PROTECTION LEGISLATION 56
4.3 PORTER'S FIVE FORCES ANALYSIS FOR ASIA PACIFIC SPORTS BETTING MARKET 57

5 REGULATION COVERAGE 59

5.1 REGULATIONS IN EUROPE 59
5.2 REGULATIONS IN NORTH AMERICA 60
5.3 REGULATIONS IN AUSTRALIA 60
5.4 REGULATIONS IN AFRICA 60

6 MARKET OVERVIEW 63

6.1 DRIVERS 65
- 6.1.1 RISING USAGE OF ONLINE BETTING 65
- 6.1.2 INCREASING E-SPORTS COMPETITION 66
- 6.1.3 DEVELOPING DIGITAL INFRASTRUCTURE 68
- 6.1.4 INCREASE IN THE NUMBER OF SPORTS LEAGUES AND EVENTS 71
6.2 RESTRAINTS 72
- 6.2.1 STRINGENT REGULATORY FRAMEWORK 72
- 6.2.2 DECLINE IN OFFLINE BETTING PLATFORMS 72
6.3 OPPORTUNITIES 73
- 6.3.1 RISE IN LIVE ESPORTS COVERAGE PLATFORM 73
- 6.3.2 SURGE IN PURCHASING POWER OF MIDDLE-INCOME GROUPS 73
- 6.3.3 INCREASING MARKETING & ADVERTISEMENTS 74
6.4 CHALLENGES 75
- 6.4.1 HIGH RISK OF SCAMS AND FRAUDERY 75
- 6.4.2 HIGH TAXATION IN SPORTS BETTING 75

7 ASIA PACIFIC SPORTS BETTING MARKET, BY TYPE 76

7.1 OVERVIEW 77
7.2 LINE-IN-PLAY 80
7.3 FIXED ODD BETTING 80
7.4 E-SPORTS 81
7.5 EXCHANGE BETTING 82
7.6 SPREAD BETTING 83
7.7 DAILY FANTASY 83
7.8 PARI MUTUEL 84
7.9 OTHERS 85

8 ASIA PACIFIC SPORTS BETTING MARKET, BY PLATFORM 86

8.1 OVERVIEW 87
8.2 ONLINE 90
- 8.2.1 BLOCK CHAIN 91
- 8.2.2 ARTIFICIAL INTELLIGENCE 91
- 8.2.3 VIRTUAL REALITY 91
- 8.2.4 MACHINE LEARNING TOOLS 91
- 8.2.5 OTHERS 91
8.3 OFFLINE 92

9 ASIA PACIFIC SPORTS BETTING MARKET, BY SPORTS 93

9.1 OVERVIEW 94
9.2 RACING 97
- 9.2.1 HORSE 98
- 9.2.2 AUTO 98
- 9.2.3 DOG 98
- 9.2.4 OTHERS 98
9.3 NON - RACING 98
- 9.3.1 FOOTBALL 99
- 9.3.2 CRICKET 99
- 9.3.3 BASKETBALL 99
- 9.3.4 TENNIS 99
- 9.3.5 BASEBALL 99
- 9.3.6 BOXING 99
- 9.3.7 HOCKEY 100
- 9.3.8 GOLF 100
- 9.3.9 OTHERS 100

10 ASIA PACIFIC SPORTS BETTING MARKET, BY OPERATOR 101

10.1 OVERVIEW 102
10.2 CASINOS 105
10.3 CARD ROOMS 105
10.4 BINGO HALLS 106
10.5 BOOK MAKERS 106
10.6 COIN-OPERATED GAMBLING DEVICE 107
10.7 CONCESSION OPERATOR 108
10.8 VIDEO GAMING TERMINALS 109
10.9 LOTTERIES OPERATOR 109
10.10 OFF-TRACK SPORTS BETTING 110
10.11 OTHER 111

11 ASIA PACIFIC SPORTS BETTING MARKET, BY AGE GROUP 112

11.1 OVERVIEW 113
11.2 GEN Y/MILLENNIALS 116
11.3 GEN X 116
11.4 GEN Z 117
11.5 BABY BOOMERS 118

12 ASIA PACIFIC SPORTS BETTING MARKET, BY REGION 119

12.1 ASIA-PACIFIC 120

13 ASIA PACIFIC SPORTS BETTING MARKET, COMPANY LANDSCAPE 159

13.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 159

14 SWOT ANALYSIS 160

15 COMPANY PROFILES 161

15.1 FORTUNAEN TERTAINMENT GROUP A.S. 161
- 15.1.1 COMPANY SNAPSHOT 161
- 15.1.2 COMPANY SHARE ANALYSIS 161
- 15.1.3 PRODUCT PORTFOLIO 162
- 15.1.4 RECENT DEVELOPMENT 162
15.2 FLUTTER ENTERTAINMENT PLC 163
- 15.2.1 COMPANY SNAPSHOT 163
- 15.2.2 REVENUE ANALYSIS 163
- 15.2.3 COMPANY SHARE ANALYSIS 164
- 15.2.4 PRODUCT PORTFOLIO 164
- 15.2.5 RECENT DEVELOPMENTS 165
15.3 WYNN RESORTS LTD. 166
- 15.3.1 COMPANY SNAPSHOT 166
- 15.3.2 REVENUE ANALYSIS 166
- 15.3.3 PRODUCT PORTFOLIO 167
- 15.3.4 COMPANY SHARE ANALYSIS 167
- 15.3.5 RECENT DEVELOPMENTS 167
15.4 ENTAIN 169
- 15.4.1 COMPANY SNAPSHOT 169
- 15.4.2 REVENUE ANALYSIS 169
- 15.4.3 COMPANY SHARE ANALYSIS 170
- 15.4.4 PRODUCT PORTFOLIO 170
- 15.4.5 RECENT DEVELOPMENTS 170
15.5 BET365. 171
- 15.5.1 COMPANY SNAPSHOT 171
- 15.5.2 PRODUCT PORTFOLIO 171
- 15.5.3 COMPANY SHARE ANALYSIS 171
- 15.5.4 RECENT DEVELOPMENT 172
15.6 888 HOLDINGS PLC 173
- 15.6.1 COMPANY SNAPSHOT 173
- 15.6.2 REVENUE ANALYSIS 173
- 15.6.3 PRODUCT PORTFOLIO 174
- 15.6.4 RECENT DEVELOPMENTS 174
15.7 BETAMERICA 175
- 15.7.1 COMPANY SNAPSHOT 175
- 15.7.2 PRODUCT PORTFOLIO 175
- 15.7.3 RECENT DEVELOPMENTS 175
15.8 COMEON GROUP 176
- 15.8.1 COMPANY SNAPSHOT 176
- 15.8.2 PRODUCT PORTFOLIO 176
- 15.8.3 RECENT DEVELOPMENTS 176
15.9 BETSSON AB 177
- 15.9.1 COMPANY SNAPSHOT 177
- 15.9.2 REVENUE ANALYSIS 177
- 15.9.3 PRODUCT PORTFOLIO 178
- 15.9.4 RECENT DEVELOPMENTS 178
15.10 EVERYMATRIX. 179
- 15.10.1 COMPANY SNAPSHOT 179
- 15.10.2 PRODUCT PORTFOLIO 179
- 15.10.3 RECENT DEVELOPMENTS 180
15.11 FANUP, INC. 181
- 15.11.1 COMPANY SNAPSHOT 181
- 15.11.2 PRODUCT PORTFOLIO 181
- 15.11.3 RECENT DEVELOPMENTS 181
15.12 KAIROS GROUP 183
- 15.12.1 COMPANY SNAPSHOT 183
- 15.12.2 PRODUCT PORTFOLIO 183
- 15.12.3 RECENT DEVELOPMENTS 183
15.13 KINDRED GROUP PLC 184
- 15.13.1 COMPANY SNAPSHOT 184
- 15.13.2 REVENUS ANALYSIS 184
- 15.13.3 PRODUCT PORTFOLIO 185
- 15.13.4 RECENT DEVELOPMENTS 185
15.14 LAS VEGAS SANDS CORPORATION 186
- 15.14.1 COMPANY SNAPSHOT 186
- 15.14.2 REVENUE ANALYSIS 186
- 15.14.3 COMPANY SHARE ANALYSIS 187
- 15.14.4 PRODUCT PORTFOLIO 187
- 15.14.5 RECENT DEVELOPMENTS 187
15.15 NOVIBET 188
- 15.15.1 COMPANY SNAPSHOT 188
- 15.15.2 PRODUCT PORTFOLIO 188
- 15.15.3 RECENT DEVELOPMENTS 188
15.16 PEERMONT ASIA PACIFIC PROPRIETARY LIMITED. 190
- 15.16.1 COMPANY SNAPSHOT 190
- 15.16.2 PRODUCT PORTFOLIO 190
- 15.16.3 RECENT DEVELOPMENTS 190
15.17 RESORTS WORLD SENTOSA 191
- 15.17.1 COMPANY SNAPSHOT 191
- 15.17.2 PRODUCT PORTFOLIO 191
- 15.17.3 RECENT DEVELOPMENTS 191
15.18 RTSMUNITY A.S. 193
- 15.18.1 COMPANY SNAPSHOT 193
- 15.18.2 PRODUCT PORTFOLIO 193
- 15.18.3 RECENT DEVELOPMENT 193
15.19 SCIENTIFIC GAMES 194
- 15.19.1 COMPANY SNAPSHOT 194
- 15.19.2 PRODUCT PORTFOLIO 194
- 15.19.3 RECENT DEVELOPMENTS 194
15.20 SKY INFOTECH 195
- 15.20.1 COMPANY SNAPSHOT 195
- 15.20.2 PRODUCT PORTFOLIO 195
- 15.20.3 RECENT DEVELOPMENT 195
15.21 SPORTRADAR AG 196
- 15.21.1 COMPANY SNAPSHOT 196
- 15.21.2 REVENUE ANALYSIS 196
- 15.21.3 PRODUCT PORTFOLIO 197
- 15.21.4 RECENT DEVELOPMENTS 197
15.22 SUN INTERNATIONAL 198
- 15.22.1 COMPANY SNAPXSHOT 198
- 15.22.2 REVENUE ANALYSIS 198
- 15.22.3 PRODUCT PORTFOLIO 199
- 15.22.4 RECENT DEVELOPMENTS 199
15.23 TONYBET 201
- 15.23.1 COMPANY SNAPSHOT 201
- 15.23.2 PRODUCT PORTFOLIO 201
- 15.23.3 RECENT DEVELOPMENTS 201

16 QUESTIONNAIRE 203

17 RELATED REPORTS 207

LIST OF FIGURES

FIGURE 1 ASIA PACIFIC SPORTS BETTING MARKET: SEGMENTATION 23
FIGURE 2 ASIA PACIFIC SPORTS BETTING MARKET: DATA TRIANGULATION 26
FIGURE 3 ASIA PACIFIC SPORTS BETTING MARKET: DROC ANALYSIS 27
FIGURE 4 ASIA PACIFIC SPORTS BETTING MARKET: ASIA PACIFIC VS. REGIONAL MARKET ANALYSIS 28
FIGURE 5 ASIA PACIFIC SPORTS BETTING MARKET: COMPANY RESEARCH ANALYSIS 28
FIGURE 6 ASIA PACIFIC SPORTS BETTING MARKET: MULTIVARIATE MODELLING 29
FIGURE 7 ASIA PACIFIC SPORTS BETTING MARKET: INTERVIEW DEMOGRAPHICS 30
FIGURE 8 ASIA PACIFIC SPORTS BETTING MARKET: DBMR MARKET POSITION GRID 31
FIGURE 9 ASIA PACIFIC SPORTS BETTING MARKET: VENDOR SHARE ANALYSIS 33
FIGURE 10 ASIA PACIFIC SPORTS BETTING MARKET: SEGMENTATION 37
FIGURE 11 RISING THE USAGE OF ONLINE BETTING AND INCREASING ESPORTS COMPETITION IS DRIVING THE ASIA PACIFIC SPORTS BETTING MARKET IN THE FORECAST PERIOD OF 2023 TO 2030 38
FIGURE 12 LINE-IN-PLAY SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE ASIA PACIFIC SPORTS BETTING MARKET FROM 2023 TO 2030 38
FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE ASIA PACIFIC SPORTS BETTING MARKET 55
FIGURE 14 ASIA PACIFIC DATA FOR ONLINE BETTING USAGE 57
FIGURE 15 AI IN ESPORTS 60
FIGURE 16 ASIA PACIFIC SPORTS BETTING MARKET: BY TYPE, 2022 68
FIGURE 17 ASIA PACIFIC SPORTS BETTING MARKET: BY TYPE, 2023-2030 (USD MILLION) 69
FIGURE 18 ASIA PACIFIC SPORTS BETTING MARKET: BY TYPE, CAGR (2023-2030) 69
FIGURE 19 ASIA PACIFIC SPORTS BETTING MARKET: BY TYPE, LIFELINE CURVE 70
FIGURE 20 ASIA PACIFIC SPORTS BETTING MARKET: BY PLATFORM, 2022 78
FIGURE 21 ASIA PACIFIC SPORTS BETTING MARKET: BY PLATFORM, 2023-2030 (USD MILLION) 79
FIGURE 22 ASIA PACIFIC SPORTS BETTING MARKET: BY PLATFORM, CAGR (2023-2030) 79
FIGURE 23 ASIA PACIFIC SPORTS BETTING MARKET: BY PLATFORM, LIFELINE CURVE 80
FIGURE 24 ASIA PACIFIC SPORTS BETTING MARKET: BY DISTRIBUTION CHANNEL, 2022 85
FIGURE 25 ASIA PACIFIC SPORTS BETTING MARKET: BY DISTRIBUTION CHANNEL, 2023-2030 (USD MILLION) 86
FIGURE 26 ASIA PACIFIC SPORTS BETTING MARKET: BY DISTRIBUTION CHANNEL, CAGR (2023-2030) 86
FIGURE 27 ASIA PACIFIC SPORTS BETTING MARKET : BY DISTRIBUTION CHANNEL, LIFELINE CURVE 87
FIGURE 28 ASIA PACIFIC SPORTS BETTING MARKET: BY OPERATOR, 2022 93
FIGURE 29 ASIA PACIFIC SPORTS BETTING MARKET: BY OPERATOR, 2023-2030 (USD MILLION) 94
FIGURE 30 ASIA PACIFIC SPORTS BETTING MARKET: BY OPERATOR, CAGR (2023-2030) 94
FIGURE 31 ASIA PACIFIC SPORTS BETTING MARKET: BY OPERATOR, LIFELINE CURVE 95
FIGURE 32 ASIA PACIFIC SPORTS BETTING MARKET: BY AGE GROUP, 2022 104
FIGURE 33 ASIA PACIFIC SPORTS BETTING MARKET: BY AGE GROUP, 2023-2030 (USD MILLION) 105
FIGURE 34 ASIA PACIFIC SPORTS BETTING MARKET: BY AGE GROUP, CAGR (2023-2030) 105
FIGURE 35 ASIA PACIFIC SPORTS BETTING MARKET: BY AGE GROUP, LIFELINE CURVE 106
FIGURE 36 ASIA-PACIFIC SPORTS BETTING MARKET: SNAPSHOT (2022) 112
FIGURE 37 ASIA-PACIFIC SPORTS BETTING MARKET: BY COUNTRY (2022) 113
FIGURE 38 ASIA-PACIFIC SPORTS BETTING MARKET: BY COUNTRY (2023 & 2030) 113
FIGURE 39 ASIA-PACIFIC SPORTS BETTING MARKET: BY COUNTRY (2022 & 2030) 114
FIGURE 40 ASIA-PACIFIC SPORTS BETTING MARKET: BY TYPE (2023 & 2030) 114
FIGURE 41 ASIA PACIFIC SPORTS BETTING MARKET: COMPANY SHARE 2022 (%) 150