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17:38
Jun 10
Contessa Brewer CNBC Correspondent CNBC
World Cup catalyst for betting stocks
The 2026 FIFA World Cup is expected to be the biggest sports betting event in history, with Macquarie forecasting $50 billion in global wagers. Flutter (FanDuel parent) is best positioned due to its global reach; Deutsche Bank estimates FanDuel could take in $1.3 billion in the US alone, DraftKings $1.1 billion, and Rush Street Interactive could see outsized gains from Latin America. Data providers Genius Sports and Sport Radar will also benefit, with Sport Radar recently announcing a deal with Kalshi. The event provides a massive catalyst for sports betting stocks.
SRAD 1ST
HIGH

About SRAD Analyst Coverage

Buzzberg tracks SRAD (Sportradar Group AG) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.