Ryan Glasspiegel, a media and entertainment reporter at Front Office Sports, dives into the thrilling nexus of sports, business, and media. He discusses the explosive growth of legalized sports betting and its impact on franchise valuations. Ryan offers insights into how tech giants like Amazon are reshaping sports broadcasting, and the implications of evolving media rights deals. The conversation also touches on the challenges of new gaming regulations and the innovative shifts in the creator economy influencing content distribution in sports.
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insights INSIGHT
Prediction Markets Could Disrupt Sportsbooks
Event contracts (prediction markets) like Kalshi and Polymarket can legally expand sports wagering into states without state-licensed books.
Their CFTC regulation status and high-profile partnerships could materially disrupt state-regulated sportsbooks' market share.
insights INSIGHT
Gambling Fueled Media Value Surge
Legalized sports gambling increased viewership and created huge advertising and sponsorship revenues for leagues and broadcasters.
That influx helped offset cord-cutting and boosted the value of media deals and team valuations.
insights INSIGHT
Tech Giants Are Rewriting Rights Deals
Tech giants (Amazon, Netflix) are aggressively bidding for live sports, forcing legacy networks to pay more to retain rights.
These deep-pocketed entrants reshape how leagues package and sell games across platforms.
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In this episode of On the Tape, the host is joined by Ryan Glasspiegel of Front Office Sports to discuss the convergence of sports, business, media, and gambling. The conversation explores the rise of legalized sports betting, evolving media rights deals, and the impact of gambling on sports franchise valuations. Ryan shares his career journey and insights into the future of sports media and event contracts. They also discuss the challenges and opportunities posed by new gaming regulations and the significant roles of tech companies like Amazon and Netflix in sports broadcasting. The episode concludes with the host's NFL week one betting picks.
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On The Tape with Danny Moses