# Sports betting market

Gambling and gaming are also tightly tied to the global sports market, with the sports betting sector calculated to be **243 billion** United States dollars as of 2024 ([Statista](https://www.statista.com/statistics/1154681/key-data-global-sports-betting-industry/)). Recent technological changes and advances in gaming in general have provided new ways for players to compete at the highest level, resulting in a lucrative eSports industry as well ([Statista](https://www.statista.com/topics/3121/esports-market/)).
