Betting on impunity: How the World Cup will heighten risks in global gambling systems
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With the 2026 World Cup about to kick off, the stakes for illicit finance are high. No sport attracts more illegal betting and organized criminal manipulation than football, and the tournament offers the ideal high-volume, globally connected environment for exploitation.
The rapid growth of sports betting and a new generation of crypto-enabled prediction markets are creating fresh challenges for international financial crime enforcement. Prediction markets – platforms where users bet on the outcomes of events, usually using cryptocurrency – currently process billions of dollars per week. This year, FIFA, the World Cup organizer and governing body, has entered the market directly, with a newly launched prediction market exchange becoming an official tournament sponsor.
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