Sports betting is getting extremely popular around the globe thanks to the massive advancement in the internet. The global sports betting industry hit $58 million in 2021. It is projected to cross the $185 million mark by 2026 at a CAGR of 26.1%.
Although sports betting is getting popular all over the world, it’s high in demand in countries like India, the UK, and the USA. Sports betting apps are also sometimes referred to as fantasy sports apps.
The concept of sports betting apps is to allow users to create teams depending on the matches and then maximize the points scored. The players begin by placing money and then competing in one or more pools for the prize money.
Sportsbetting app developmentservices help businesses to start or improve their mobile apps. Businesses can customize their apps over time to accommodate evolving customer requirements. Apptunix is a globally-recognized provider of sports betting app development services. We are comfortable working with a varied range of technologies. Contact us today to share your app development requirements.