Market Share of Sports Betting Kiosk Industry
Competitive rivalry in the Sports Betting Kiosks market is moderate, with several key players, including NOVOMATIC Sports Betting Solutions, KIOSK Information System, JCM Global, Captec Ltd, and others. These companies possess a competitive advantage through their continuous innovation in product development, anticipating consumer needs, and making substantial investments in research and development, mergers and acquisitions, and strategic partnerships.
In August 2023, MGM Resorts International made a significant announcement by launching its BetMGM iGaming and online sports betting brand in the United Kingdom. This move marks the initiation of MGM Resorts' strategy to expand the BetMGM brand into international markets. The global BetMGM offering utilizes the technology and platform of LeoVegas, a Swedish-based gaming company acquired by MGM Resorts the previous year. BetMGM UK introduces enticing product features, including frequent large-scale jackpots, loyalty rewards, compelling sports promotions, and exclusive slot games.
In August 2023, ESPN introduced its new gambling platform, ESPN BET, allowing fans in the United States to engage in sports betting. This sportsbook is part of a $2 billion agreement between Disney-owned ESPN and the sports betting giant Penn Entertainment. ESPN BET is set to launch in the 16 states where betting is legal and Penn Entertainment holds licenses in the upcoming fall.
Sports Betting Kiosk Market Leaders
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NOVOMATIC Sports Betting Solutions
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KIOSK Information Systems
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Captec Ltd.
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JCM Global
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International Game Technology PLC
*Disclaimer: Major Players sorted in no particular order
