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Sports Betting Enters Its World Cup Era

FanDuel president Christian Genetski is only six weeks into his newly expanded role running the company, but he’s got plenty of thoughts about the state of the sports-betting business—from FanDuel’s move into prediction markets to the Sorsby headache and why this year’s World Cup is like March Madness on steroids.

Christian Genetski
FanDuel C.E.O. Christian Genetski. Photo: Anna Webber / Getty Images for Spotify
John Ourand
June 23, 2026

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FanDuel didn’t invent gambling, but the company and its various competitors, including DraftKings, have done more than almost anyone to normalize the hobby by placing sports betting in the palms of millions of Americans. Since the Supreme Court struck down the Professional and Amateur Sports Protection Act in 2018 and ushered in the app-based sports betting revolution, the sportsbook has expanded relentlessly and is now available in 24 states. The hard part, it turns out, wasn’t growth but what came after: integrity scandals, regulatory battles over prediction markets, etcetera.