H2GC Reports US sports betting: the road to 2030 | Page 21
The takeaways
The takeaways
• Sports betting USA will shift from a $10.4bn GGR illegal
market (2017) to a $5.3bn legal one within five years.
• 30 states will regulate sports betting by 2030, growing
the total market size to $8.0bn.
• $8.0bn still represents only one third of an optimum US
market of $24.7bn – if all 50 states regulated.
• Over half of all revenues (50.1%) are expected to come
from a ‘Big 3’ states – California, New York and New
Jersey.
• Early results suggest US sports betting, aided by the
existing DFS market and a high untapped illegal market,
will go straight to capacity unlike igaming, and will prise
open the door for the latter to follow.
US sports betting: the road to 2030 November 2018
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