U.S. Sports Betting Market to Grow 38% by 2030, Twice as Fast as Europe and Asia, and 11% Above the Global Average

While sports betting growth is far from the rates seen at the market peak in 2021 and 2022, fans are still spending head-spinning figures on wagers. In 2025 alone, they are expected to cash out over $77 billion on betting apps and in betting shops, $6.5 billion more than last year. Nearly one-fifth of that value will come from the United States, the world’s fastest-growing sports betting market. 

According to data presented by Betideas.com, the U.S. sports betting market is expected to grow by 38% by 2030, growing twice as fast as Europe and Asia and 11% above the global average. 

U.S. Sports Betting to Grow by $9 Billion in Five Years as 20M New Users Join

Before May 2018, the only place to legally bet in the U.S. was Nevada. But after the Supreme Court struck down Professional and Amateur Sports Protection (PASPA), the sports betting market gained quite momentum, and it hasn’t slowed down since. 

Seven years later, legal sports betting has spread across the country, opening the floodgates and driving billions in wagers. Betting apps and mobile platforms played a major role in that boom, letting users place bets in seconds, while innovations such as in-play betting, AI predictions, and digital sportsbooks further fueled revenue growth. 

With technology improving the user experience and the number of bettors surging sevenfold across North America, the U.S. has quickly become, and remains, the world’s fastest-growing sports betting market, outpacing every other region. The Statista data show just how big that gap is. 

 

In 2025, North Americans are expected to spend $23.1 billion on wagers, roughly $4.5 billion less than Europeans, but three times more than Aussies and 2.5 times more than Asians, the other major sports betting regions. And while all these regions are set to post double-digit growth by 2030, the U.S. definitely stands out. 

According to Statista projections, the U.S. sports betting spending is expected to surge by 38% or $9 billion over the next five years, reaching $32.1 billion in 2030. That is 11% above the global average, which is projected to grow by 27% in the same period.  This also means the U.S. market will grow nearly twice as fast as Europe or Asia, which are both set to grow around 20% by the end of the decade. Australia will see the smallest increase, with sports betting revenue rising by 15% over the next five years. 

Besides posting the highest growth rates, the North American market will also add the most new users, with roughly 20 million people flocking to betting apps and betting stores by 2030. Europe is expected to add around 9 million new users, Asia roughly 7 million, and Australia only 1.6 million, while the total number of new bettors worldwide will top 44 million in this period.

Americans Will Spend Another $146 Billion on Wagers Over the Next Five Years

Thanks to a massive double-digit growth and tens of millions of new users flocking to the market, the amount of money sports fans in North America will wager over the next five years will climb to shocking highs. According to Statista projections, by 2030, Americans will spend another $146.5 billion on bets, nearly $50 billion more than the total amount wagered between 2017 and 2025. 

Moreover, that will place North America side by side with Europe, the oldest sport betting market, which is projected to hit $156 billion in five-year wagers. Asia and Australia are far below these figures, with $53 billion and $42 billion in five-year spending, respectively. 

Altogether, these regions, along with other emerging markets, are expected to generate more than $450 billion in sports bets by 2030.