The market size of the sports betting and lottery sector worldwide consistently increased in the past four years, after a sharp decline in 2015. In 2019, the sector was valued at 218.49 billion U.S. dollars, reflecting an increase from the previous year. However, massive reductions in global operations and decreasing demand in the sports betting and lottery sector was forecast to drive the industry's market value by as much as seven percent in 2020.
Market size of the sports betting and lottery sector worldwide from 2011 to 2019, with a forecast for 2020 and 2021
(in billion U.S. dollars)
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IBISWorld. (November 28, 2020). Market size of the sports betting and lottery sector worldwide from 2011 to 2019, with a forecast for 2020 and 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 22, 2022, from https://www.statista.com/statistics/1186240/sports-betting-and-lottery-industry-market-size-global/
IBISWorld. "Market size of the sports betting and lottery sector worldwide from 2011 to 2019, with a forecast for 2020 and 2021 (in billion U.S. dollars)." Chart. November 28, 2020. Statista. Accessed May 22, 2022. https://www.statista.com/statistics/1186240/sports-betting-and-lottery-industry-market-size-global/
IBISWorld. (2020). Market size of the sports betting and lottery sector worldwide from 2011 to 2019, with a forecast for 2020 and 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 22, 2022. https://www.statista.com/statistics/1186240/sports-betting-and-lottery-industry-market-size-global/
IBISWorld. "Market Size of The Sports Betting and Lottery Sector Worldwide from 2011 to 2019, with a Forecast for 2020 and 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Nov 2020, https://www.statista.com/statistics/1186240/sports-betting-and-lottery-industry-market-size-global/
IBISWorld, Market size of the sports betting and lottery sector worldwide from 2011 to 2019, with a forecast for 2020 and 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1186240/sports-betting-and-lottery-industry-market-size-global/ (last visited May 22, 2022)
