The growth of the online sports betting industry is also predicted to be fueled by virtual reality and blockchain technologies.Moreover, cashless payment methods and female casino patronage are expected to boost the market. Several major sports betting companies are striving to simplify their platforms and provide an enjoyable experience for their customers.
The online sports betting market size is expected to grow from USD 63.70 billion in 2023 to USD 109 billion by 2028, registering a CAGR of 11.34% during the forecast period.
