The Europe sports betting market reached a value of USD 36.4 billion in 2024. According to IMARC Group, the market is projected to grow at a CAGR of 9.6% during 2025-2033, reaching USD 83.2 billion by 2033. Key growth drivers include rising collaborations with sports leagues and teams, boosting awareness and acceptance of sports betting, impactful advertising and promotional efforts by betting companies, and ongoing technological advancements.