The 2026 FIFA World Cup, set across the United States, Canada, and Mexico in June and July, is projected to drive unprecedented global sports wagering. With the tournament expanding from 32 to 48 teams and featuring over 100 matches, analysts at Macquarie expect around 60% more games than the 2022 edition, creating significantly more opportunities for bettors worldwide. Macquarie estimates that global wagers during the 2022 World Cup totaled more than $35 billion, roughly $500 million per match. Assuming a similar […]

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Kalshi’s introduction of customizable same-game parlays created ripples well beyond its platform on Monday night, September 29, triggering steep stock losses for two of the largest players in the U.S. sports betting market. Although the prediction exchange collected less than $2,000 in fees during its first day with the new feature, its move unsettled investors and erased close to $7 billion in combined market value from DraftKings and FanDuel parent Flutter Entertainment. First Day Uptake and Market Mechanics The new parlay product was rolled out hours […]

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In a groundbreaking turn of events, FanDuel has emerged as a dominant force in Washington D.C.’s sports betting arena, shattering records and reshaping the district’s gambling landscape. Figures released by the D.C. Lottery reveal staggering numbers for May, signaling a seismic shift in the dynamics of online wagering in the nation’s capital. Record-breaking revenue and wagering activity: FanDuel’s foray into the D.C. market proved to be a game-changer, with the online juggernaut raking in a staggering $29.7 million in handle for May, accompanied by […]

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