The market size of the global sports betting industry stood at 329 billion U.S. dollars as of March 2025. Within this industry, there were over 180,000 employees in a total of nearly 18,000 businesses.
Many countries participate in legal sports betting, one of the more recent being the United States. Despite being a relative newcomer, the revenue of the sports betting industry in the U.S. stood at over 10 billion U.S. dollars in 2023.
Key industry data on the sports betting and lotteries industry worldwide as of March 2025
Included in the definition of the legal gambling industry are lotteries, Lotto, sports betting, non-casino video machines, as well as Keno and scratch tickets.
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IBISWorld. (March 5, 2025). Key industry data on the sports betting and lotteries industry worldwide as of March 2025 [Graph]. In Statista. Retrieved April 21, 2025, from https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/
IBISWorld. "Key industry data on the sports betting and lotteries industry worldwide as of March 2025." Chart. March 5, 2025. Statista. Accessed April 21, 2025. https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/
IBISWorld. (2025). Key industry data on the sports betting and lotteries industry worldwide as of March 2025. Statista. Statista Inc.. Accessed: April 21, 2025. https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/
IBISWorld. "Key Industry Data on The Sports Betting and Lotteries Industry Worldwide as of March 2025." Statista, Statista Inc., 5 Mar 2025, https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/
IBISWorld, Key industry data on the sports betting and lotteries industry worldwide as of March 2025 Statista, https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/ (last visited April 21, 2025)
Key industry data on the sports betting and lotteries industry worldwide as of March 2025 [Graph], IBISWorld, March 5, 2025. [Online]. Available: https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/