Sports Betting Key Statistics
Top Sports Betting Apps
US Sports Betting App Revenue
US Sports Betting Revenue by Sport
US Sports Betting Revenue by State
UK Sports Betting Revenue
UK Sports Betting by Sport
US Sports Betting App Market Share
UK Sports Betting App Market Share
Sports Betting App Downloads
Sports betting has been around for a long time, with a long history of sports leagues and organizations trying to restrict the practice. In the US specifically, a few notable sports betting scandals restricted sports betting to a few locations, such as Las Vegas, with the majority of the US unable to participate.
That has changed over the past decade, with the Supreme Court overruling an act which made it illegal for states to legalize sports betting. Since that law was overturned in 2018, over 25 states have legalized the practice.
The growth of fantasy sports services, such as FanDuel and DraftKings, has also complimented the legalization of betting in the US. Betting apps now offer a wide range of options for individual players, teams, and ancillary factors in each game, allowing betters to further personalize their bet.
This culture change in the US has been followed by a growing dependence from leagues on the revenue from betting adverts and sponsorship. This is an issue many national and intra-national leagues are facing, as sports betting becomes more embedded into every aspect of the sport.
In the UK, sports betting has not had the same restrictions and several of the big players have been in the market for decades. Bet365 was one of the first to recognize the value of online betting, and is now the lead platform when it comes to in-app sports betting.
There are a few countries which have outright bans on sports betting, one of the most notable being India. It is expected that there will be some change in this law over the next decade, as the Indian Premier League continues to grow in popularity across the country.
We have collected data and statistics on the sports betting market. Read on below to find out more.
Sports Betting Key Statistics
- Sport betting apps in the United States brought in $7.4 billion revenue in 2022, a 71% increase on the previous year
- In the UK, sports betting apps generated £2.36 billion in revenue in 2022
- FanDuel is the most popular sports betting app in the US
- Basketball generated the most revenue for sports betting apps in the US in 2022
- In the UK, football was the most popular sport to bet on, followed by horse racing
