How big is the sports betting industry

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Sports Betting is a form of gambling in which bets are placed after predicting the outcomes of various sporting events. The industry for Sports Betting is growing fast due to urbanization.

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The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 9.50% over the forecast period. The Global Sports Betting Market was valued at USD 81.03 Billion in the year 2022 and is forecast to reach a value of USD 167.50 Billion by the year 2030.

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