Switzerland’s Gambling Authority Investigates FIFA’s Blockchain-Based Tokens for 2026 World Cup
Switzerland’s gambling authority Gespa has initiated a preliminary investigation into FIFA’s sale of blockchain-based tokens that offer fans the opportunity to purchase tickets for matches at the upcoming 2026 World Cup.
Potential Gambling Concerns
Bloomberg recently reported that Gespa is looking into whether FIFA’s “Right to Buy” tokens could be considered a form of gambling under Swiss law. Gespa director Manuel Richard mentioned that the offering might fall under gambling legislation, and further investigation will determine if any regulatory action is necessary.
How the Tokens Work
The tokens, created in collaboration with blockchain company Modex Tech Ltd., enable holders to buy tickets for specific matches when sales open. Some tokens are associated with national teams, like the $999 “Right to Final: England” token, which guarantees access to the final game if the chosen team qualifies.
However, the token system has sparked concerns about speculative behavior since many buyers may not secure tickets if their selected teams do not progress in the tournament. FIFA reportedly made approximately $15 million from these token sales, as reported by The Athletic.
The 2026 World Cup and Revenue Projections
The 2026 World Cup, set to be hosted in the United States, Mexico, and Canada, is expected to generate a staggering $11 billion for FIFA. With the innovative use of blockchain technology in ticket sales, the event is poised to offer a unique fan experience while also raising questions about gambling implications.