Market Size of Sports Betting Kiosk Industry
Study Period | 2022 - 2029 |
Market Size (2024) | USD 2 Billion |
Market Size (2029) | USD 2.70 Billion |
CAGR (2024 - 2029) | 6.71 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Sports Betting Kiosk Market Analysis
The Sports Betting Kiosk Market size is estimated at USD 2 billion in 2024, and is expected to reach USD 2.70 billion by 2029, growing at a CAGR of 6.71% during the forecast period (2024-2029).
The continued growth of the digital channel globally, driven by the response to the pandemic on the one hand, by the development of immersive betting applications and the increasing convenience of gaming on Kiosk devices, together with the ongoing liberalization of sports betting worldwide, will drive the market in the studied period.
- The advantage of betting kiosks is to provide more convenient and accessible ways to wager on sports, trimming down on wait times and eliminating standard barriers to the sports betting market. In 2022, convenience and accessibility are the name of the game, and implementing sports betting kiosks is just one of many sports betting marketing techniques sportsbooks are now beginning to utilize. In-person, this specialized technology terminates the need to wait in line at a window to place a bet and the intimidation aspect of having to put that bet with a sportsbook staff member.
- International iGaming service provider, these customized self-service betting terminals have been introduced to maximize the total number of gambling opportunities for consumers. Everyone bets on many sports and fast-paced lottery games such as roulette and keno.
- More and more people are moving away from the conventional retail experience. The result is faster and more dynamic wagering and a more immersive all-around betting experience due to the sheer number of customization and personalization options tailored directly to the user.
- Every country has its own rules and regulations regarding betting and gambling. There are some nations where betting and gambling are legal; on the other hand, there are some countries where gambling is illegal. It means sports betting companies and gamblers must closely monitor the recent regulation changes. In nations where gambling is legal, betting industries require a domestic license to regulate it. Thus, regulations among different countries will be the biggest challenge.
Sports Betting Kiosk Industry Segmentation
Sports betting kiosks are computer terminals that offer direct access to sports betting apps. They accept diverse forms of payment, including cash, credit cards, voucher, or money on player's account cards, and are designed to be user-friendly.
The market is segmented by application (indoor kiosks, outdoor kiosks, and esports ), by end-user ( hotels, restaurants, retail shopping, casinos, sports clubs/sports stadiums, cruise ships), geography(North America, Europe, Asia-Pacific, Latin America, Middle East and Africa).
The market sizes and forecasts are provided in terms of value USD for all the above segments.
By Application | |
Indoor kiosks | |
outdoor kiosks | |
eSports |
By End-User | |
Hotels | |
Restaurants | |
Retail Shopping | |
Casinos | |
Sports Clubs/Sports Stadiums | |
Cruise Ships |
Geography*** | |
North America | |
Europe | |
Asia | |
Australia and New Zealand | |
Latin America | |
Middle East and Africa |
Sports Betting Kiosk Market Size Summary
The sports betting kiosk market is poised for significant growth, driven by the increasing adoption of digital channels and the development of immersive betting applications. The convenience and accessibility offered by these kiosks are transforming the sports betting landscape, allowing users to place wagers without the traditional wait times or the need for interaction with sportsbook staff. This shift is particularly appealing as more consumers move away from conventional retail experiences, seeking faster and more dynamic wagering options. The ongoing liberalization of sports betting across various regions further supports this trend, as countries with legal frameworks for gambling continue to expand their offerings. However, the market faces challenges due to varying regulations across different countries, necessitating close monitoring by both operators and consumers.
As the industry evolves, companies are leveraging sports betting kiosks to enhance customer experiences and increase revenue. These self-service terminals are becoming essential for casinos aiming to accommodate a growing number of bettors without the need for additional staff. The introduction of kiosks is seen as a strategic move to streamline operations and improve the overall betting experience. Recent developments, such as the launch of new kiosks in various casinos and partnerships with technology providers, underscore the industry's commitment to innovation. Key players in the market are investing in research and development, strategic partnerships, and product enhancements to maintain a competitive edge. The expansion of sports betting platforms, both domestically and internationally, highlights the vast potential for growth in this sector.
Sports Betting Kiosk Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Market Drivers
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1.4.1 sports betting with minimal space and Increase in customer transactions
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1.4.2 Growing demand for automated selfoservice kiosks solution
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1.5 Market Restraints
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1.5.1 Cyber Security concerns may hinder the growth of the sports betting kiosk market
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2. MARKET SEGMENTATION
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2.1 By Application
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2.1.1 Indoor kiosks
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2.1.2 outdoor kiosks
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2.1.3 eSports
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2.2 By End-User
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2.2.1 Hotels
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2.2.2 Restaurants
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2.2.3 Retail Shopping
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2.2.4 Casinos
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2.2.5 Sports Clubs/Sports Stadiums
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2.2.6 Cruise Ships
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2.3 Geography***
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia
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2.3.4 Australia and New Zealand
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2.3.5 Latin America
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2.3.6 Middle East and Africa
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Sports Betting Kiosk Market Size FAQs
How big is the Sports Betting Kiosk Market?
The Sports Betting Kiosk Market size is expected to reach USD 2 billion in 2024 and grow at a CAGR of 6.71% to reach USD 2.70 billion by 2029.
What is the current Sports Betting Kiosk Market size?
In 2024, the Sports Betting Kiosk Market size is expected to reach USD 2 billion.