Barclays Plc experts predict that the 2022 FIFA World Cup will see wagers
of $35 billion, 65% higher than the last edition due to the rise of online
gambling during the pandemic.
According to Barclays, Entain Plc, the parent company of Ladbrokes, has
higher World Cup exposure than Paddy Power owner Flutter Entertainment Plc
because of the former’s robust presence in Europe and Latin America, which
is expected to raise profits as a result of the increase in betting.
of $35 billion, 65% higher than the last edition due to the rise of online
gambling during the pandemic.
According to Barclays, Entain Plc, the parent company of Ladbrokes, has
higher World Cup exposure than Paddy Power owner Flutter Entertainment Plc
because of the former’s robust presence in Europe and Latin America, which
is expected to raise profits as a result of the increase in betting.