United States Sports Betting Market Statistics:

Market Size in 2025: USD 5.66 Billion

Market Size in 2032:  USD 13.32 Billion

Market Growth Rate 2026-2032: CAGR 13.01%
According to The Report Cube’s latest research study United States Sports Betting Market reached a value of nearly USD 5.66 Billion in 2025. The market is assessed to grow at a CAGR of around 13.01%, during the forecast period of 2025-2032 to attain a value of around USD 13.32 Billion in 2032.

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United States Sports Betting Market Drivers:

• Prevalent State Legalization & Smartphone Adoption to Thrive the Industry Expansion

The swift legalization of sports betting at the state level & the popularity of mobile betting apps are the key aspects driving the growth of the United States Sports Betting Market. The regions that were first doubtful have witnessed how early adopters have gained substantial revenue from sports betting, which has generated strong financial incentives for legalization. Moreover, betting handles have been five to seven times greater in jurisdictions that have embraced mobile betting without necessitating in-person registration than in cities that have just retail models. Also, this approves that mobile-first regulation is the most common strategy for optimizing industry potential & tax income.

According to the report, prominent players operating in the market include:

·       888 Holdings Plc

·       Bet365

·       Betsson AB

·       Churchill Downs Incorporated

·       Entain plc

·       Flutter Entertainment Plc

·       IGT

·       Kindred Group Plc

·       Sportech Plc

·       William Hill Plc

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Key Market Segmentation

o   Market Share, By Betting Type

o   Fixed Odds Wagering

o   Exchange Betting

o   Live/In-Play Betting

o   Pari-Mutuel

o   eSports Betting

o   Others

o   Market Share, By Sports Type

o   Football

o   Basketball

o   Baseball

o   Horse Racing

o   Cricket

o   Hockey

o   Others

o   Market Share, By Platform

o   Offline

o   Online

o   Market Share, By Region

o   Northeast

o   Midwest

o   South

o   West

Recent News and Developments in United States Sports Betting Market

• Flutter Entertainment Plc., acquired Bingo.com to expand its FanDuel brand's portfolio beyond traditional sports betting into adjacent gaming verticals to elevate consumer lifetime value across its US operations, reinforcing its sports betting market share.
• Entain Plc. introduced its proprietary "BetCity Live" platform in July, presenting AI-powered microbetting technology that permits instantaneous wagering on play-by-play events across all key US sports with latency under 100 milliseconds.

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