World Cup expected to be the biggest betting event in history
Summary
The 2026 FIFA Men's World Cup is expected to become the largest sports betting event ever, with over $50 billion wagered worldwide. This increase is due to more teams, more matches, and greater access to sports betting in the US. Gambling groups warn about the risks of addiction and financial harm to bettors.Key Facts
- The 2026 World Cup will have 48 teams and over 100 matches, compared to 32 teams and 64 matches in 2022.
- Betting during the tournament is forecasted to total more than $50 billion globally, up from about $35 billion in 2022.
- The US will host part of the tournament, benefiting from favorable time zones and with about 65% of Americans now able to bet on sports.
- Nearly half a billion dollars may be wagered per game during the tournament.
- Critics warn that most sports bettors lose money and that gambling can lead to addiction and serious financial problems.
- Campaigners urge global politicians to regulate gambling to protect consumers from harm during the event.
- The increase in online sports betting has prompted US regulators to consider new rules for trading and betting platforms.
- Betting companies with casino games could gain the most from the rise in gambling during the World Cup.
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