Data supplier Sportradar grew revenue 17% to EUR 1,290 million. Brazil provisionally banned online betting on 25 September 2026.
Why this market is moving now
- Brazil issued a Provisional Measure on 25 September 2026 that provisionally bans online sports betting and iGaming.
- Flutter's global revenue grew only 2% in the third quarter of 2026, after 17% growth in 2025.
- Data suppliers are growing fast, with Genius Sports revenue up 31% in 2025.
Key figures
Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.
| Figure | Value | Year | Cite |
|---|---|---|---|
| Flutter, the largest online sports betting and iGaming operator by revenue, reported global revenue of USD 16,383 million for fiscal 2025, up 17% year on year. | 16,383 million USD | 2025 | |
| Flutter's International segment, which covers about 100 markets, earned USD 9,416 million in fiscal 2025, 57% of group revenue. | 9,416 million USD | 2025 | |
| Flutter's US segment, which includes FanDuel, earned USD 6,967 million in fiscal 2025, 43% of group revenue. | 6,967 million USD | 2025 | |
| Flutter's global revenue was USD 3,874 million in the third quarter of 2026, up 2% year on year. | 3,874 million USD (quarterly) | 2026 | |
| Entain generated more than GBP 6 billion of net gaming revenue in 2025, including its 50% share of BetMGM, from more than 30 markets. | 6 billion GBP (net gaming revenue) | 2025 | |
| DraftKings reported revenue of USD 6,054.5 million for 2025. | 6,054.5 million USD | 2025 | |
| Sportradar, a sports data and technology supplier to betting operators, grew revenue 17% to EUR 1,290 million in 2025. | 1,290 million EUR | 2025 | |
| Genius Sports, an official data and technology partner to sports and betting firms, grew revenue 31% to USD 669.5 million in 2025. | 669.5 million USD | 2025 | |
| Brazil issued a Provisional Measure on 25 September 2026 that provisionally bans online sports betting and iGaming. | 25 September 2026 | 2026 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Companies to watch
Flutter Entertainment
Owner of FanDuel, Paddy Power, Sky Betting & Gaming, Sportsbet and Sisal; global revenue of USD 16,383 million in 2025.
Entain
Owner of a 50% share of BetMGM; more than GBP 6 billion of net gaming revenue in 2025 from more than 30 markets.
DraftKings
Online sportsbook and iGaming operator; revenue of USD 6,054.5 million in 2025.
Sportradar
Sports data and technology supplier to betting operators; revenue of EUR 1,290 million in 2025, up 17%.
Genius Sports
Official data, technology and broadcast partner to sports, betting and media firms; revenue of USD 669.5 million in 2025, up 31%.
Kalshi
Prediction market exchange that became a Preferred Prediction Market Exchange of the NBA, using official league data. Source:
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
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Frequently asked questions
How big is the global sports betting market?
The largest operator, Flutter, reported global revenue of USD 16,383 million in 2025, up 17%. Its International segment, which covers about 100 markets, earned USD 9,416 million.
Who are the largest sports betting companies?
Flutter, owner of FanDuel and Paddy Power, earned USD 16,383 million in 2025. Entain, which owns half of BetMGM, generated more than GBP 6 billion of net gaming revenue. DraftKings reported USD 6,054.5 million.
Which countries matter most for sports betting?
The United States made up 43% of Flutter's 2025 revenue, or USD 6,967 million. Flutter's International segment, which covers about 100 markets, earned USD 9,416 million, or 57%.
Who supplies data to sportsbooks?
Sportradar and Genius Sports supply official data and technology. Sportradar revenue rose 17% to EUR 1,290 million in 2025, and Genius Sports revenue rose 31% to USD 669.5 million.
Is the sports betting market still growing?
Flutter's global revenue grew 17% in 2025 but only 2% in the third quarter of 2026, to USD 3,874 million. DraftKings revenue rose to USD 6,054.5 million in 2025.
What is happening to sports betting in Brazil?
Brazil issued a Provisional Measure on 25 September 2026 that provisionally bans online sports betting and iGaming.
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