Online betting is also popular in horse racing and tennis. Online sports betting is predominantly applied in events, such as FIFA World Cup and European Championships. According to a study done by Lund University, Sweden, consumer interest in online betting platforms has increased as a result of enjoying streamlined experience of having access to full list of betting markets from their desktop or even mobile devices. The COVID-19 pandemic has had an positive impact on the market as consumers went more to the internet platform to bridge their financial, social, and psychological crises during lockdowns during COVID-19.
The global online sports betting market is projected to grow at a CAGR of 10.23% during the forecast period (2022-2027). DUBLIN-( BUSINESS WIRE)-The 'Online Sports Betting Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022-2027)' report has been added to 's offering.
