SAUDI CUP (G1) — Forever Young (JPN) wins $20M purseDUBAI WORLD CUP (G1) — Laurel River dominates at MeydanKENTUCKY DERBY (G1) — Journalism takes the roses at Churchill DownsIFHA RANKINGS — Calandagan rated 130, World's Best Racehorse 2025MARKET — Global thoroughbred market valued at $471B in 2025OTB — Japan leads global wagering at $24.5B annual handleOWNERSHIP — Fractional platforms see 340% growth since 2020UPCOMING — Epsom Derby (G1) June 6 — Entries closing soonHONG KONG — Ka Ying Rising tops 2026 March rankingsBREEDERS' CUP — $31M purse confirmed for November at Del MarSAUDI CUP (G1) — Forever Young (JPN) wins $20M purseDUBAI WORLD CUP (G1) — Laurel River dominates at MeydanKENTUCKY DERBY (G1) — Journalism takes the roses at Churchill DownsIFHA RANKINGS — Calandagan rated 130, World's Best Racehorse 2025MARKET — Global thoroughbred market valued at $471B in 2025OTB — Japan leads global wagering at $24.5B annual handleOWNERSHIP — Fractional platforms see 340% growth since 2020UPCOMING — Epsom Derby (G1) June 6 — Entries closing soonHONG KONG — Ka Ying Rising tops 2026 March rankingsBREEDERS' CUP — $31M purse confirmed for November at Del Mar
Off-Track Betting Intelligence

GLOBAL OTB MARKETS

Wagering handle data across 12 major markets

Total Global Handle
$60.8B
Annual wagering volume
Markets Tracked
12
Major jurisdictions
Largest Market
Japan
$24.5B annual handle
Online Available
11/12
Markets with online betting
Annual Handle by Market (USD Billions)
🇯🇵Japan
$24.5B
+3.2%
🇺🇸United States
$12.2B
-1.8%
🇭🇰Hong Kong
$6.9B
+0.4%
🇬🇧Great Britain
$5.2B
+1.1%
🇦🇺Australia
$3.8B
+2.5%
🇫🇷France
$3.7B
-0.9%
🇮🇪Ireland
$1.2B
+4.1%
🇨🇦Canada
$800M
-2.3%
🇦🇪UAE/Dubai
$800M
+8.5%
🇰🇷South Korea
$700M
+0.2%
🇳🇿New Zealand
$600M
+0.8%
🇿🇦South Africa
$500M
+5.2%
Detailed Market Data
#MarketAnnual HandleYoY
1
🇯🇵Japan
$24.5B
+3.2%
2
🇺🇸United States
$12.2B
-1.8%
3
🇭🇰Hong Kong
$6.86B
+0.4%
4
🇬🇧Great Britain
$5.16B
+1.1%
5
🇦🇺Australia
$3.78B
+2.5%
6
🇫🇷France
$3.69B
-0.9%
7
🇮🇪Ireland
$1.2B
+4.1%
8
🇨🇦Canada
$0.8B
-2.3%
9
🇦🇪UAE/Dubai
$0.8B
+8.5%
10
🇰🇷South Korea
$0.7B
+0.2%
11
🇳🇿New Zealand
$0.6B
+0.8%
12
🇿🇦South Africa
$0.5B
+5.2%
Market Insights

Pari-Mutuel Dominance

Japan's JRA operates the world's largest pari-mutuel pool, with $24.5B in annual handle. The government-run system ensures all wagering flows through a single pool, creating massive liquidity.

Fixed Odds Growth

The UK and Australia lead in fixed-odds betting, with exchange platforms like Betfair enabling peer-to-peer wagering. This model is expanding into new markets including the US.

Digital Transformation

Online and mobile wagering now accounts for 70%+ of handle in most developed markets. ADW (Advanced Deposit Wagering) platforms continue to displace traditional OTB locations.