Self-Service Sports Betting Kiosk Solutions Market is Slated to...

Self-Service Sports Betting Kiosk Solutions Market is Slated to Witness Tremendous Growth in Coming Years

Posted 2023-10-18 10:48:01

The global Self-Service Sports Betting Kiosk Solutions market was USD 2.14 Billion in 2022 and is expected to reach USD 3.68 Billion in 2032, and register a rapid revenue CAGR of 7% during the forecast period. Increasing legalization of sports betting across the globe and popularity of mobile sports betting and rising demand for a quick and safe way to place bets are key factors driving market revenue growth. The U.S., where the Supreme Court removed the federal ban on sports betting in May 2018, has seen unusually strong adoption of Self-Service Sports Betting Kiosk Solutions. Since then, a number of states have made sports betting legal, which is rising demand for Self-Service Sports Betting Kiosk Solutions.

Self-Service Sports Betting Kiosk Solutions allow users to legally bet on automated service sites, access sports information, access disability services, and locally advertised. In addition, rising emphasis on responsible gambling is another key factor driving revenue growth of the market. Many establishments are implementing Self-Service Sports Betting Kiosk Solutions with features, such as self-exclusion and spending caps, to promote responsible gambling.

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Moreover, rising adoption of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Big Data analytics, is also expected to drive market revenue growth during the forecast period. These innovations can help makers to be more accurate while giving users a more tailored betting experience.

However, requirement for regulatory compliance, high cost of deployment and maintenance, and escalating competition from online sports betting platforms, are key factors, which could restrain market revenue growth.

Competitive Landscape:

Scientific Games Corporation
IGT (International Game Technology) PLC
Kambi Group PLC
Betgenius Limited
Intralot SA
Playtech PLC
William Hill PLC
BetConstruct
SBTech
Novomatic AG
Amelco UK Limited

The global market is further segmented into type and application:

By Type Outlook	Fixed Odds Betting Terminals Self-Service Betting Terminals Standalone Kiosks
By End-Use Outlook	Casinos Sports Bars Stadiums

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
Latin America (Brazil, Rest of LATAM)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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