World Cup to Drive Billions in Betting Volume
Bloomberg 2026-06-29 14:50:04
Context: The upcoming World Cup is expected to significantly boost the sports betting market, particularly in the US, as prediction markets like Kalshi and Polymarket gain popularity. This year's World Cup marks a new landscape for sports betting, with various analysts weighing in on the potential impact. The event has garnered attention from industry experts, including Chad Beynon, Senior Gaming, Lodging, and Theaters Analyst at Macquarie.
Key Facts
- The World Cup is expected to drive billions in betting volume, marking a significant boost to the sports betting market, particularly in the US.
- This year's World Cup is the first since prediction markets like Kalshi and Polymarket have gained popularity as a new way to bet on sports.