2026 World Cup Betting Expected to Exceed $50 Billion Market
Published on · Source: cnbc.com
AI Summary
Summarized by AI from the source belowThe 2026 FIFA World Cup is forecasted to generate global wagers exceeding $50 billion, up from over $35 billion in 2022. This event marks the first comprehensive test of the U.S. sports-wagering market, with 48 teams competing in 104 matches. Analysts predict a potential 2% to 5% boost in 2027 operator EBITDA, benefiting companies with extensive soccer audiences, including Flutter Entertainment (PDYPY), FanDuel's parent. Deutsche Bank estimates the U.S. betting handle will reach around $3.3 billion, with FanDuel leading at $1.3 billion and DraftKings at $1.1 billion.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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DraftKings is a leading U.S. sports-betting and daily-fantasy-sports operator.
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