Summer Olympics betting: FanDuel, DraftKings prepare for gambling rise

Category: Sports Betting

Sportsbooks and daily fantasy operators are anticipating increased wagering during the upcoming Summer Olympics in Paris. The event is expected to attract bets on popular sports like basketball, soccer, and tennis, with a focus on patriotism influencing betting behavior. The time zone difference and limited viewership may impact the level of engagement, but the industry sees the Olympics as an opportunity to boost betting activity during the slower summer months.

Keywords: Summer Olympics, Sports Betting, Wagering, Patriotism, Betting Engagement

Source: CNBC

Update At: 7/12/2024

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