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Sportsbooks and prediction markets vie for share of record World Cup betting market

By

Sam Bradley

4h ago· 6 min readenNews

Summary

The World Cup is expected to create the largest sports betting market in history, with both traditional sportsbook brands like BetMGM and DraftKings, as well as prediction market platforms, competing to capture market share. BetMGM's chief revenue officer Matt Prevost notes the company has been planning for the World Cup for 18 months, calling it one of their biggest events of the year. The article examines how sportsbooks and prediction markets are using performance marketing channels to attract bettors during the tournament.

Source

bskySportsbooks and prediction markets vie for share of record World Cup betting marketdigiday.com

Key quotes

· 2 pulled
We've been planning for the World Cup for 18 months. This is easily going to be one of the biggest things we do across the course of the year.
The World Cup is expected to create the largest sports betting market in history.
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The World Cup is expected to provide the biggest sports gambling market in history. Prediction market platforms and sportsbooks hope to take advantage with a heavy focus on performance channels.

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