The European sports betting kiosk market is poised for significant growth, projected to reach a value of $113.8 million by 2026, with a CAGR of 7.34%, according to a report from Maximize Market Research.

The surge is being driven by the rising popularity of sports betting, a robust sporting culture, and an expanding array of available sports events, according to a press release on the findings.

The convenience and accessibility of betting kiosks, coupled with technological advancements, are key contributors to the market expansion.

Germany, the U.K., and Italy are leading the market, collectively holding over 50% of the share in 2018, thanks to economic stability and strong football leagues. Key players, including International Game Technology PLC, KIOSK Information Systems, and SG Gaming, are driving market competition through innovation and customer-centric solutions.

Sports clubs and stadiums are cited as dominant sectors, with kiosks in these venues expected to continue their lead, according to the release.