Scaling an Edge, NoVig Raises $18 Million & Polymarket Taps the Glass | Ep 116
The Risk Takers Podcast
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Navigating Sports Betting Regulations
This chapter delves into the regulatory hurdles faced by sports betting operators, particularly focusing on Illinois's taxation of surcharge fees. It highlights frustrations with lawmakers' disconnect from the gambling industry's reality, as well as the complex dynamics between taxation, legislation, and operational viability. The conversation also celebrates NoVig's $18 million fundraising success as a sign of optimism in the evolving landscape of sports betting and prediction markets.
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Transcript
