

Business of Betting Podcast
Jason Trost
A podcast about the business side of the betting, wagering and investing world. Hosted by Jason Trost, and presented by Optimove.
Episodes
Mentioned books

May 5, 2023 • 45min
E189 - Dustin Gouker
On this edition of the Business of Betting Podcast, Jason is joined by Dustin Gouker, Consultant at Catena Media.
Dustin's story began in the newspaper industry where he worked as a journalist for a number of years before venturing into marketing. In 2015, Dustin began to report on the sports betting and online poker industry for Legal Sports Report. His latest role was as a Vice President at Catena Media in charge of content. He is now acting as a consultant for Catena Media, while deciding what he would like to do next in his career.
Timecodes:
02:10 - Dustin's background
04:15 - Daily Fantasy and Sports Betting
10:45 - Dustin's opinions on sports betting in America
14:50 - Jason v Dustin on regulation
33:15 - What does Dustin make of 'The Big Four' in the US?
35:40 - Dustin's view on a company like Smarkets
43:25 - Next steps for Dustin
Follow us on:
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/ @businessofbetting
Get in touch:
https://twitter.com/jasontrost
#business #betting #podcast #businessofbetting #smarkets #exchange #sportsbook
Hosted on Acast. See acast.com/privacy for more information.

Mar 31, 2023 • 43min
E188 - Joel Simkins from Houlihan Lokey
On this edition of the Business of Betting Podcast, Jason is joined by Joel Simkins, Managing Director in Houlihan Lokey's Technology Group.
Joel began his career as a leading equity analyst before successfully transitioning to investment banking where he has gained a wealth of experience in the gaming industry. Jason and Joel cover a range of topics such as regulation in the industry, discussion on some of the leading sports betting companies, Joel's advice to young entrepreneurs and much more!
Follow us on:
https://twitter.com/bettingpod
/ @businessofbetting
Get in touch:
https://twitter.com/jasontrost
#business #betting #podcast #businessofbetting #smarkets #exchange #sportsbook
Hosted on Acast. See acast.com/privacy for more information.

Mar 17, 2023 • 45min
E187 - Dean Sisun from Prophet Exchange
On this edition of the Business of Betting Podcast, Jason is joined by Dean Sisun, CEO & co-founder of Prophet Exchange. They discuss why and how Prophet was set up, how Prophet compares to its competitors & much more before there is a twist to the second half of the podcast!
Timecodes:
00:27 - The founding story of the Prophet Exchange
03:43 - What is Prophet doing that its competitors aren't?
05:00 - Why move back to the US to launch?
07:25 - When did Prophet launch & how is it going?
09:40 - How does Prophet compare to Sport Trade?
12:21 - How does Prophet compare to top-tier sportsbooks?
14:14 - The challenges behind building Prophet.
19:40 - How is Dean managing the challenge of attracting funding in the current economic climate?
25:35 - Dean's questions for Jason
Follow us on:
https://twitter.com/bettingpod
/ @businessofbettin...
Get in touch:
https://twitter.com/jasontrost
Hosted on Acast. See acast.com/privacy for more information.

Feb 24, 2023 • 37min
E186 - Leigh Nissim, Future Anthems
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Feb 17, 2023 • 42min
E185 - Justin Dellario, CEO of unikrn
Justin is joined by Justin Dellario, CEO of eSports betting company, unikrn, on the latest edition of the Business of Betting Podcast. Justin explains what unikrn is, how the world of eSports works and what sports betting has to do with eSports. Hosted on Acast. See acast.com/privacy for more information.

Feb 17, 2023 • 46min
E184 - Varun Sudhakar from BetDEX
Jason is joined by Varun Sudhakar, CEO & Founder of BetDEX in the latest episode of the Business of betting Pod. Varun shares his story, the inner workings of BetDEX, and his ambitions for the future of the company. Hosted on Acast. See acast.com/privacy for more information.

Jan 27, 2023 • 47min
E183 - Alex Kane from Sporttrade
Jason is joined by Alex Kane, CEO and Founder of Sporttrade Inc. in the latest episode of the Business of betting Pod. Alex shares his startup story, as well as his views on the growth of the American sportsbook industry, and his vision for the future of the industry and exchanges.
04:01 Sporttrade: The humble beginnings
06:25 Alex’s Startup and Investment Round journey
08:18 Techstars to launch
12:31 Building the Sporttrade matching engine
16:00 Pre & Post trade challenges
19:33 Sporttrade vs the competition
24:09 The role of market makers
27:00 The Sporttrade business model
29:56 Competitors and the customer acquisition challenge
32:22 Sporttrade vs Prophet
33:49 Why choose Sporttrade?
42:28 The end of price time?
Follow us on:
https://twitter.com/bettingpod
https://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcA
Get in touch:
https://twitter.com/jasontrost
Hosted on Acast. See acast.com/privacy for more information.

Dec 20, 2022 • 44min
E182 - Lloyd Danzig from Sharp Alpha Advisors
In this episode of the Business of betting Pod, Jason is joined by Lloyd Danzig, Managing Partner at Sharp Alpha Advisors. In this episode Lloyd shares his views on the future of the sports betting and competitive gaming industry, the adaptation of the exchange model in the US, and his hopes for a next gen ‘smart’ world.
02:40 The many hats of Lloyd Danzig: Venture Capitalist investing in the next generation of sports betting and real money gaming platforms.
04:55 The rise of ‘Competitive Entertainment’: The future of winning or outcome based betting products.
08:16 Picks ‘n’ Shovels vs Operator approach: B2B businesses vs B2C operators.
10:53 Evolution of the Exchanges in the US: The maturing of the sports betting market in the US – Limit Book Orders vs Fixed Odds model & high volume, lower margin bets vs high odds parlays.
15:18 Market Cap for Exchanges in the US: Can the US market expect to match or better the UK’s Exchange market share of 10-15%?
21:45 Will sportsbook operators evolve into Exchanges?: Could the compression of margins from competitors force sportsbooks to adopt the exchange model? Could a sportsbook add a matching engine under the hood?
31:09 Sportsbook wagering limits: The ethical argument on limiting winners.
34:01 The future of the industry: Smart betting through personalised betting recommendations.
Follow us on:
https://twitter.com/bettingpod
https://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcA
Get in touch:
https://twitter.com/jasontrost
Hosted on Acast. See acast.com/privacy for more information.

Sep 23, 2022 • 47min
E181 - David Purdum from ESPN
In this episode of the Business of betting Pod, Jason is joined by David Purdum, Gambling reporter for ESPN. In this episode, Purdum who’s been writing on the industry since 2008 goes back on his career, and shares his opinion with Jason on legalization, Sportsbooks in the US and other aspects of the industry.
01:30 How did he get in the Industry: Starting in Atlanta, writing stories about the business, landing at ESPN
06:24 The road towards the federal legislation: The PASPA journey from 2008, David’s opinionThe wire act and federalisation of Sports betting, the barrier to entry
11:50 The evolution of Sports betting in the US: Media companies, Leagues's position, the new betting habits with younger generations, prop bets, Fantasy sports
17:46 The future of betting: Bringing the exchange model in the US, Ethic and limits
20:15 The bookmaker perspective: limiting winners, transaction fees, getting in the industry, market entry and new players: Sporttrade, prophets, Fanatics
Follow us on:
https://twitter.com/bettingpod
https://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcA
Get in touch:
https://twitter.com/jasontrost
Hosted on Acast. See acast.com/privacy for more information.

Sep 16, 2022 • 27min
E180 - Jed Corenthal from Phenix RTS
In this episode of the Business of betting, Jason is joined by Jed Corenthal, Chief Marketing Officer at Phenix Real Time Solution. Phenix is a B2B real-time video streaming solutions provider.
The pair discussed the space Phenix operates in and how it's impacting the evolution of Sportsbooks.
01:35 Introduction - Started in sports, went through entrepreneurship and ended up in OTT at Phenix. What is phenix, what does real time streaming mean
04:08 The Secret Sauce: Using content owners, streaming, data providers, Sportsbook integration, distribution system etc. …
08:28 Competitive landscape: Growth in the space, being leader in the market
10:41 The future of Sports data: real time data and micro betting, moving from a bet & watch to watch & bet model, Sportsbook streaming in the UK vs US
15:30 OTT providers v Sportsbook stream: latency, HTTP live streaming, rights distribution, the impact on betting habits, partnerships
24:11 Conclusion on US legislation
Follow us on:
https://twitter.com/bettingpod
https://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcA
Get in touch:
https://twitter.com/jasontrost
Hosted on Acast. See acast.com/privacy for more information.