The Market For Sports Betting Kiosks Is Driven By Consumers'...

The Market For Sports Betting Kiosks Is Driven By Consumers' Increasing Desire

Posted 2024-05-22 10:16:22

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Betting kiosks have become a popular and handy way for people to gamble while they are on the go, as sports betting is becoming more and more legal worldwide. Self-serve kiosk systems at sports arenas, racetracks, casinos, and off-track betting parlors are just a few of the places where bettors may effortlessly place their wagers using sports betting kiosks. Prominent characteristics of sports betting kiosks encompass easily navigable touchscreens, alternatives for cash or cashless transactions, incorporation into sportsbook systems, and the capacity to verify odds and execute pre-game and live in-play wagers.

The Global Sports Betting Kiosk Market is estimated to be valued at US$ 2.82 Bn in 2024 and is expected to exhibit a CAGR of 6.7% over the forecast period 2024 to 2031.

Key players operating in the Sports Betting Kiosk Market Size are International Game Technology PLC, KIOSK Information Systems, Olea Kiosks, Inc., SG Gaming, JCM Global, Kambi Group PLC., ISI, LTD., NOVOMATIC Sports Betting Solutions, Olea Kiosks, Inc., SBTech Malta Limited, Captec Ltd., Scientific Games Corporation, EasyPay System, Leroy's Sportsbooks, Juro Trading. Second paragraph is talking about the growing demand in market and third paragraph is talking about global expansion of market.

Market drivers:

The increasing legalization of sports betting across regions is a key market driver. Many countries are lifting gambling bans and introducing regulated sports betting markets to capture the opportunistic demand. Sports betting revenue is rising globally which is encouraging operators and vendors to invest in innovative betting platforms like kiosks.Growing digitization and popularity of cashless payments is boosting the adoption of cashless sports betting kiosks. Technological advancements enabling integrated platforms, virtual options and live streaming are also fueling the demand for kiosks.
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