Europe Sports Betting Market - Industry Trends and Forecast to 2030

Description

List of Tables

Europe sports betting market is projected to register a substantial CAGR of 9.3% 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:

Europe 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 (Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Turkey, Belgium,Luxemberg, Rest of Europe,) Industry Trends and Forecast to 2030.

The major contributing factors for Europe sports betting market:

Due to rise in number of cricket and other sports leagues

Due to digitalization of infrastructure

Market Players:

The key market players for Europe sports betting market are listed below:

BETSSON AB

FORTUNA ENTERTAINMENT GROUP A.S.

LAS VEGAS SANDS CORPORATION

bet365.

Flutter Entertainment plc

888 Holdings Plc

Entain

Kindred Group plc

MGM Resorts International

Kindred Group plc

NOVIBET

Galaxy Entertainment Group Limited

Sun International

RTSmunity a.s.

SKY INFOTECH

SJM Holdings Limited

Sportradar AG

FanUp, Inc.

Rivalry Ltd.

EveryMatrix.

ComeOn Group

1 INTRODUCTION 27

1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.3 OVERVIEW OF EUROPE 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 EUROPE 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 EUROPE 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 EUROPE 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 EUROPE 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 EUROPE 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 EUROPE 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 EUROPE SPORTS BETTING MARKET, BY REGION 119

12.1 EUROPE 120

13 EUROPE SPORTS BETTING MARKET, COMPANY LANDSCAPE 161

13.1 COMPANY SHARE ANALYSIS: EUROPE 161

14 SWOT ANALYSIS 162

15 COMPANY PROFILES 163

15.1 FORTUNAEN TERTAINMENT GROUP A.S. 163
- 15.1.1 COMPANY SNAPSHOT 163
- 15.1.2 COMPANY SHARE ANALYSIS 163
- 15.1.3 PRODUCT PORTFOLIO 164
- 15.1.4 RECENT DEVELOPMENT 164
15.2 FLUTTER ENTERTAINMENT PLC 165
- 15.2.1 COMPANY SNAPSHOT 165
- 15.2.2 REVENUE ANALYSIS 165
- 15.2.3 COMPANY SHARE ANALYSIS 166
- 15.2.4 PRODUCT PORTFOLIO 166
- 15.2.5 RECENT DEVELOPMENTS 167
15.3 WYNN RESORTS LTD. 168
- 15.3.1 COMPANY SNAPSHOT 168
- 15.3.2 REVENUE ANALYSIS 168
- 15.3.3 PRODUCT PORTFOLIO 169
- 15.3.4 COMPANY SHARE ANALYSIS 169
- 15.3.5 RECENT DEVELOPMENTS 169
15.4 ENTAIN 171
- 15.4.1 COMPANY SNAPSHOT 171
- 15.4.2 REVENUE ANALYSIS 171
- 15.4.3 COMPANY SHARE ANALYSIS 172
- 15.4.4 PRODUCT PORTFOLIO 172
- 15.4.5 RECENT DEVELOPMENTS 172
15.5 BET365. 173
- 15.5.1 COMPANY SNAPSHOT 173
- 15.5.2 PRODUCT PORTFOLIO 173
- 15.5.3 COMPANY SHARE ANALYSIS 173
- 15.5.4 RECENT DEVELOPMENT 174
15.6 888 HOLDINGS PLC 175
- 15.6.1 COMPANY SNAPSHOT 175
- 15.6.2 REVENUE ANALYSIS 175
- 15.6.3 PRODUCT PORTFOLIO 176
- 15.6.4 RECENT DEVELOPMENTS 176
15.7 BETAMERICA 177
- 15.7.1 COMPANY SNAPSHOT 177
- 15.7.2 PRODUCT PORTFOLIO 177
- 15.7.3 RECENT DEVELOPMENTS 177
15.8 COMEON GROUP 178
- 15.8.1 COMPANY SNAPSHOT 178
- 15.8.2 PRODUCT PORTFOLIO 178
- 15.8.3 RECENT DEVELOPMENTS 178
15.9 BETSSON AB 179
- 15.9.1 COMPANY SNAPSHOT 179
- 15.9.2 REVENUE ANALYSIS 179
- 15.9.3 PRODUCT PORTFOLIO 180
- 15.9.4 RECENT DEVELOPMENTS 180
15.10 EVERYMATRIX. 181
- 15.10.1 COMPANY SNAPSHOT 181
- 15.10.2 PRODUCT PORTFOLIO 181
- 15.10.3 RECENT DEVELOPMENTS 182
15.11 FANUP, INC. 183
- 15.11.1 COMPANY SNAPSHOT 183
- 15.11.2 PRODUCT PORTFOLIO 183
- 15.11.3 RECENT DEVELOPMENTS 183
15.12 KAIROS GROUP 185
- 15.12.1 COMPANY SNAPSHOT 185
- 15.12.2 PRODUCT PORTFOLIO 185
- 15.12.3 RECENT DEVELOPMENTS 185
15.13 KINDRED GROUP PLC 186
- 15.13.1 COMPANY SNAPSHOT 186
- 15.13.2 REVENUS ANALYSIS 186
- 15.13.3 PRODUCT PORTFOLIO 187
- 15.13.4 RECENT DEVELOPMENTS 187
15.14 LAS VEGAS SANDS CORPORATION 188
- 15.14.1 COMPANY SNAPSHOT 188
- 15.14.2 REVENUE ANALYSIS 188
- 15.14.3 COMPANY SHARE ANALYSIS 189
- 15.14.4 PRODUCT PORTFOLIO 189
- 15.14.5 RECENT DEVELOPMENTS 189
15.15 NOVIBET 190
- 15.15.1 COMPANY SNAPSHOT 190
- 15.15.2 PRODUCT PORTFOLIO 190
- 15.15.3 RECENT DEVELOPMENTS 190
15.16 PEERMONT EUROPE PROPRIETARY LIMITED. 192
- 15.16.1 COMPANY SNAPSHOT 192
- 15.16.2 PRODUCT PORTFOLIO 192
- 15.16.3 RECENT DEVELOPMENTS 192
15.17 RESORTS WORLD SENTOSA 193
- 15.17.1 COMPANY SNAPSHOT 193
- 15.17.2 PRODUCT PORTFOLIO 193
- 15.17.3 RECENT DEVELOPMENTS 193
15.18 RTSMUNITY A.S. 195
- 15.18.1 COMPANY SNAPSHOT 195
- 15.18.2 PRODUCT PORTFOLIO 195
- 15.18.3 RECENT DEVELOPMENT 195
15.19 SCIENTIFIC GAMES 196
- 15.19.1 COMPANY SNAPSHOT 196
- 15.19.2 PRODUCT PORTFOLIO 196
- 15.19.3 RECENT DEVELOPMENTS 196
15.20 SKY INFOTECH 197
- 15.20.1 COMPANY SNAPSHOT 197
- 15.20.2 PRODUCT PORTFOLIO 197
- 15.20.3 RECENT DEVELOPMENT 197
15.21 SPORTRADAR AG 198
- 15.21.1 COMPANY SNAPSHOT 198
- 15.21.2 REVENUE ANALYSIS 198
- 15.21.3 PRODUCT PORTFOLIO 199
- 15.21.4 RECENT DEVELOPMENTS 199
15.22 SUN INTERNATIONAL 200
- 15.22.1 COMPANY SNAPXSHOT 200
- 15.22.2 REVENUE ANALYSIS 200
- 15.22.3 PRODUCT PORTFOLIO 201
- 15.22.4 RECENT DEVELOPMENTS 201
15.23 TONYBET 203
- 15.23.1 COMPANY SNAPSHOT 203
- 15.23.2 PRODUCT PORTFOLIO 203
- 15.23.3 RECENT DEVELOPMENTS 203

16 QUESTIONNAIRE 205

17 RELATED REPORTS 209

LIST OF FIGURES

FIGURE 1 EUROPE SPORTS BETTING MARKET: SEGMENTATION 23
FIGURE 2 EUROPE SPORTS BETTING MARKET: DATA TRIANGULATION 26
FIGURE 3 EUROPE SPORTS BETTING MARKET: DROC ANALYSIS 27
FIGURE 4 EUROPE SPORTS BETTING MARKET: EUROPE VS. REGIONAL MARKET ANALYSIS 28
FIGURE 5 EUROPE SPORTS BETTING MARKET: COMPANY RESEARCH ANALYSIS 28
FIGURE 6 EUROPE SPORTS BETTING MARKET: MULTIVARIATE MODELLING 29
FIGURE 7 EUROPE SPORTS BETTING MARKET: INTERVIEW DEMOGRAPHICS 30
FIGURE 8 EUROPE SPORTS BETTING MARKET: DBMR MARKET POSITION GRID 31
FIGURE 9 EUROPE SPORTS BETTING MARKET: VENDOR SHARE ANALYSIS 33
FIGURE 10 EUROPE SPORTS BETTING MARKET: SEGMENTATION 37
FIGURE 11 RISING THE USAGE OF ONLINE BETTING AND INCREASING ESPORTS COMPETITION IS DRIVING THE EUROPE 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 EUROPE SPORTS BETTING MARKET FROM 2023 TO 2030 38
FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE EUROPE SPORTS BETTING MARKET 55
FIGURE 14 EUROPE DATA FOR ONLINE BETTING USAGE 57
FIGURE 15 AI IN ESPORTS 60
FIGURE 16 EUROPE SPORTS BETTING MARKET: BY TYPE, 2022 68
FIGURE 17 EUROPE SPORTS BETTING MARKET: BY TYPE, 2023-2030 (USD MILLION) 69
FIGURE 18 EUROPE SPORTS BETTING MARKET: BY TYPE, CAGR (2023-2030) 69
FIGURE 19 EUROPE SPORTS BETTING MARKET: BY TYPE, LIFELINE CURVE 70
FIGURE 20 EUROPE SPORTS BETTING MARKET: BY PLATFORM, 2022 78
FIGURE 21 EUROPE SPORTS BETTING MARKET: BY PLATFORM, 2023-2030 (USD MILLION) 79
FIGURE 22 EUROPE SPORTS BETTING MARKET: BY PLATFORM, CAGR (2023-2030) 79
FIGURE 23 EUROPE SPORTS BETTING MARKET: BY PLATFORM, LIFELINE CURVE 80
FIGURE 24 EUROPE SPORTS BETTING MARKET: BY DISTRIBUTION CHANNEL, 2022 85
FIGURE 25 EUROPE SPORTS BETTING MARKET: BY DISTRIBUTION CHANNEL, 2023-2030 (USD MILLION) 86
FIGURE 26 EUROPE SPORTS BETTING MARKET: BY DISTRIBUTION CHANNEL, CAGR (2023-2030) 86
FIGURE 27 EUROPE SPORTS BETTING MARKET : BY DISTRIBUTION CHANNEL, LIFELINE CURVE 87
FIGURE 28 EUROPE SPORTS BETTING MARKET: BY OPERATOR, 2022 93
FIGURE 29 EUROPE SPORTS BETTING MARKET: BY OPERATOR, 2023-2030 (USD MILLION) 94
FIGURE 30 EUROPE SPORTS BETTING MARKET: BY OPERATOR, CAGR (2023-2030) 94
FIGURE 31 EUROPE SPORTS BETTING MARKET: BY OPERATOR, LIFELINE CURVE 95
FIGURE 32 EUROPE SPORTS BETTING MARKET: BY AGE GROUP, 2022 104
FIGURE 33 EUROPE SPORTS BETTING MARKET: BY AGE GROUP, 2023-2030 (USD MILLION) 105
FIGURE 34 EUROPE SPORTS BETTING MARKET: BY AGE GROUP, CAGR (2023-2030) 105
FIGURE 35 EUROPE SPORTS BETTING MARKET: BY AGE GROUP, LIFELINE CURVE 106
FIGURE 36 EUROPE SPORTS BETTING MARKET: SNAPSHOT (2022) 112
FIGURE 37 EUROPE SPORTS BETTING MARKET: BY COUNTRY (2022) 113
FIGURE 38 EUROPE SPORTS BETTING MARKET: BY COUNTRY (2023 & 2030) 113
FIGURE 39 EUROPE SPORTS BETTING MARKET: BY COUNTRY (2022 & 2030) 114
FIGURE 40 EUROPE SPORTS BETTING MARKET: BY TYPE (2023 & 2030) 114
FIGURE 41 EUROPE SPORTS BETTING MARKET: COMPANY SHARE 2022 (%) 152