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Global Sports Betting & Lotteries Industry Data and Analysis
Global sports betting and lottery companies have experienced remarkable transformations recently, fueled by legislative changes and technological advancements. Sports betting has gained significant traction across the United States, with 38 states and Washington, D.C., having already legalized it. Meanwhile, the European Union and China tightened their regulations to ensure consumer safety and fairness. These regulatory developments, coupled with surges in mobile gaming and increased participation in major sporting events like the UEFA European Men's Championship and the Paris Olympics, have driven substantial growth in both sports betting and lotteries, signaling a rapidly evolving landscape. Revenue has expanded at a CAGR of 6.8% to $329.0 billion in 2025, with a boost of 1.2% that year.
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What's included in this industry analysis
IBISWorld's research coverage on the Global Sports Betting & Lotteries industry includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released March 2025.
About this industry
What's this industry report about?
The Global Sports Betting & Lotteries industry operates under the industry code Q8729-GL. Sports betting and lotteries included legal draw lotteries, Lotto, Keno and scratch tickets, as well as wagering on official sporting events, including horse racing. Noncasino video machines are also included in the forecast. Related terms covered in the Global Sports Betting & Lotteries industry include parimutuel wagering, gross gambling yield/net income, gross revenue/sales, draw or jackpot lotteries, scratchies, wla, racino and punter.
What's included in this industry?
Products and services covered in Global Sports Betting & Lotteries industry include Lotteries, Sports betting and Other (including VLTs).
What companies are included in this industry?
The Global Sports Betting & Lotteries industry is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Global Sports Betting & Lotteries industry.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Global Sports Betting & Lotteries industry.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Global Sports Betting & Lotteries industry.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Global Sports Betting & Lotteries industry. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Global Sports Betting & Lotteries industry. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Global Sports Betting & Lotteries industry. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Global Sports Betting & Lotteries industry. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Global Sports Betting & Lotteries industry.
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Frequently Asked Questions
What is the market size of the Global Sports Betting & Lotteries industry in 2026?
The market size of the Global Sports Betting & Lotteries industry is $329.0bn in 2026.
How many businesses are there in the Global Sports Betting & Lotteries industry in 2025?
There are 17,604 businesses in the Global Sports Betting & Lotteries industry, which has grown at a CAGR of 3.4 % between 2020 and 2025.
How may import tariffs affect the Global Sports Betting & Lotteries industry?
The Global Sports Betting & Lotteries industry is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Global Sports Betting & Lotteries industry?
The Global Sports Betting & Lotteries industry is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Global Sports Betting & Lotteries industry grown or declined over the past 5 years?
The market size of the Global Sports Betting & Lotteries industry has been growing at a CAGR of 6.8 % between 2020 and 2025.
What is the forecast growth of the Global Sports Betting & Lotteries industry over the next 5 years?
Over the next five years, the Global Sports Betting & Lotteries industry is expected to grow.
What does the Global Sports Betting & Lotteries industry include?
Offering horse racing betting and Offering greyhound racing betting are part of the Global Sports Betting & Lotteries industry.
How competitive is the Global Sports Betting & Lotteries industry?
The level of competition is moderate and increasing in the Global Sports Betting & Lotteries industry.
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