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Global Sports Betting & Lotteries: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Sports Betting & Lotteries Market Research Report | Dec 2015

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Sports Betting & Lotteries global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies globally and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Forecast
Revenue
$218bn
Annual Growth 10-15
1.2%
Annual Growth 15-20
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Profit
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Employment ('000)
248
Businesses
79,917
Industry Analysis & Industry Trends

The Global Sports Betting and Lotteries industry has strongly recovered from the recession, as consumers have picked up their discretionary spending. Over the five years to 2019, growth will be driven by emerging economies, as regulatory barriers are reduced and rising per capita income spurs voracious consumer demand. Efforts to stamp out illegal gambling activities will intensify as governments and gambling agencies seek to capture revenue via legal avenues. Online gambling will become a far more prominent aspect of the industry as technology improves and internet penetration and smartphone ownership rates increase... read more

Starting a New Business

The major barrier to entry is obtaining a license from a national or state government to operate in any area of gaming within any jurisdiction. In many countries or states, only one license is issued to operate a lottery and quite often it is operated by a government organization. However, in some other jurisdictions, a single private lottery operator has been appointed, following a tender process.

GTECH, owned by the Italian company Lottomatica, has been licensed to operate lotteries in California. It also supplies technical equipment (i.e... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Sports Betting & Lotteries Industry?

Operators in this industry offer legal gambling on lotteries, including draw lotteries, Lotto, Keno and scratch tickets, as well as wagering on official sporting events, including horse racing. The industry also includes noncasino video machines.

Industry Products
Lotteries - including lotto and instant scratch ticketsSports bettingKeno and VLTsBingo etc.
 
Industry Activities
Offering horse racing bettingOffering greyhound racing bettingOffering live sports bettingOperating draw lotteriesOperating ticket lotteriesLotto operationAdministering instant (scratch) tickets


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