H2GC Reports US sports betting: the road to 2030 | Page 17

The sports The sports US market dominated by trio of top sports Three sports have c80% of the market Currently, the three leading US sports dominate in Nevada, accounting for 79% of gross win. Basketball generates slightly more gross win than American Football though H2 believe the exact share of the sports’ market share is all to play for. H2 believes that the combined value of the betting market for these three sports will increase by c3x by 2030. Chart 16: Nevada gross win by sport FY2018 Globalisation of the sports should be the opportunity, and key to even more growth going forward. Clearly one sport may perform/adapt better than the others. Basketball has been the market leader within the sector and already has profile internationally, the start of the NFL season has been particularly strong, the nature of baseball means that it is ideal for live in-play wagering, and the NHL is also looking to dive in head first. Chart 17: Leading US sports global gross win ($bn) 16 Other 21% American Football 31% 14 12 10 8 6 4 2 Baseball 13% Basketball 35% 0 2018 Basketball US sports betting: the road to 2030 November 2018 2024 American Football 2030 Baseball 17