Flutter CEO: World Cup 2026 to be biggest betting event ever

Flutter CEO Peter Jackson has declared that the 2026 World Cup will become the biggest betting event in history. Analysts estimate global wagers on the tournament could top $50 billion, a significant increase from the $35 billion wagered during Qatar 2022.

The vast majority of bettors are expected to lose money, though a small number may manage to turn a profit through luck or skill. The comments were made in the context of a prediction competition pitting ChatGPT, Gemini, and a human against each other, though the excerpt does not reveal any outcomes.