Prediction markets and sportsbook brands compete to capitalize on World Cup betting market
News Source : Digiday
News Summary
- The World Cup is expected to create the largest sports betting market in history.
- The tournament is also a chance for prediction market platforms to tempt bettors away from more established firms.
- BetMGM, for example, has teamed up with former u.s. men’s national team goalkeeper Tim Howard.
- Fanatics recently overhauled its marketing approach, moving from a laser-focus on cost per acquisition to lifetime value (LTV), instead of over‑targeting against narrow behaviors.
The World Cup is expected to create the largest sports betting market in history.
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