![]() ![]() Many major market vendors are engaging in M&A to grow inorganically and increase their market share. The increasing competition in the global sports betting market and the demand for inorganic innovation have resulted in market consolidation. The market also faces competition in terms of expenditure on sports betting from the overall consumer discretionary spending on other activities such as online fantasy sports platforms and other entertainment and gaming options. Factors such as the digital revolution, legalization of sports across different counties, and the growing commercialization of sports will increase the number of new entrants in the market, which is intensifying the competition. ![]() The global sports betting market is moderately competitive. Global sports betting market – Vendor analysis Technavio has announced its latest market research report titled Global Sports Betting Market 2023-2027 ![]()
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