Saudi Arabia Sports Betting Market Growth, Size, and Trends Report 2026-2034

Saudi Arabia Sports Betting Market Overview

Market Size in 2025: USD 1,034.2 Million

Market Size in 2034: USD 2,070.6 Million

Market Growth Rate 2026-2034: 8.02%

According to IMARC Group's latest research publication, "Saudi Arabia Sports Betting Market Report by Platform (Offline, Online), Betting Type (Fixed Odds Wagering, Exchange Betting, Live/In Play Betting, Pari-Mutuel, eSports Betting, and Others), Sports Type (Football, Basketball, Baseball, Horse Racing, Cricket, Hockey, and Others), and Region 2025-2033", The Saudi Arabia sports betting market size reached USD 1,034.2 Million in 2025. Looking forward, IMARC Group expects the market to reach USD 2,070.6 Million by 2034, exhibiting a growth rate (CAGR) of 8.02% during 2026-2034.

How AI is Reshaping the Future of Saudi Arabia Sports Betting Market

• AI-driven platforms are personalizing Saudi sports betting by analyzing player behavior, boosting engagement, and improving user retention by over 30% on leading apps.
• Government investments tied to Vision 2030 prioritize AI in digital entertainment, enabling secure, transparent payment systems that increase user trust and expand market reach.
• AI-powered analytics support real-time odds adjustments, helping operators manage risks more efficiently and reducing payout discrepancies by up to 20%.
• SportNative, developed by Saudi AI firms, enhances fan engagement with data insights and AI-driven content, transforming the overall betting experience in the sports ecosystem.
• Despite strict gambling laws, AI helps operators comply by monitoring betting patterns and preventing illegal activities, ensuring market integrity and regulatory adherence in Saudi Arabia.

Download a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-sports-betting-market/requestsample

Saudi Arabia Sports Betting Market Trends & Drivers:

Saudi Arabia's sports betting market is experiencing significant growth influenced by broader socioeconomic shifts and evolving recreational preferences. The Kingdom's large and sports-loving population presents substantial market potential, particularly as economic diversification efforts under Vision 2030 aim to attract international entertainment events and create new revenue streams beyond oil dependency. The country's investments in major sporting events, infrastructure development, and entertainment projects are creating an environment where regulated gambling activities could potentially contribute to the entertainment and tourism sectors.

Technological advancement and digital transformation initiatives are reshaping the potential market landscape for sports betting. The integration of blockchain technology for secure and transparent transactions is anticipated to drive market growth, offering enhanced security, reduced fraud risks, and improved user confidence. Advanced technologies enable sophisticated platforms that can provide real-time betting opportunities, comprehensive sports coverage, and enhanced user experiences through mobile applications and digital interfaces that cater to tech-savvy younger demographics.

The growing emphasis on recreational activities and entertainment diversification aligns with Saudi Arabia's broader Vision 2030 goals of improving quality of life and creating vibrant communities. Any potential regulatory framework for sports betting would likely incorporate responsible gambling practices, advanced age verification systems, and measures to address social concerns while maximizing economic benefits. The market's development would require careful balance between entertainment value, regulatory compliance, and social responsibility, with emphasis on consumer protection, transparent operations, and contribution to the Kingdom's economic diversification objectives.

Saudi Arabia Sports Betting Industry Segmentation:

The report has segmented the market into the following categories:

Platform Insights:

• Offline
• Online

Betting Type Insights:

• Fixed Odds Wagering
• Exchange Betting
• Live/In Play Betting
• Pari-Mutuel
• eSports Betting
• Others

Sports Type Insights:

• Football
• Basketball
• Baseball
• Horse Racing
• Cricket
• Hockey
• Others

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Saudi Arabia Sports Betting Market

• September 2025: Government-backed initiatives focus on AI-powered fraud detection and regulation compliance tools, ensuring transparent and secure sports betting environments.
• August 2025: SportNative AI solution launches, offering personalized fan engagement and data analytics, revolutionizing betting experiences for Saudi Pro League audiences.
• June 2025: Saudi sports betting platforms integrate AI-driven real-time odds adjustments, reducing payout errors by 20% and enhancing user trust across digital channels.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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