Business of Betting Podcast

Jason Trost
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Jul 29, 2022 • 45min

E179 - Sandford Loudon of Oakvale Capital

In this episode of the Business of betting Sandford Loudon joins the show. Oakvale Capital is a leading M&A and advisory firm in the industry. Sanford covers his background, his access to deals, SPACS and shares his opinion on the market. 01:13 His background: From a traditional corporate finance background to gaming advisory; getting access to deals - networking, understanding the space, using his financial foundations 09:40 What are SPACS - Why companies do it, hot it works; the deal with Rush Street Interactive, Valuation and dilution, $10 per share mechanism 29:22 His opinion on the market: Gambling being undervalued 32:05 Focus on the US market: Making money; profitability of US operators; online casinos; maturity of the market; UK v. US 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.
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Jul 22, 2022 • 56min

E178 - Nigel Eccles - From Fanduel to Betdex

In this episode of the Business of betting Nigel Eccles joins the show. Nigel covers his early days at Flutter, his entrepreneurial journey with Fanduel, Betdex and entering the Crypto world. Finally, he gives his honest opinion on the industry. 01:29 His background: Starting at Flutter, taking over Betfair, Launching Betdaq 09:33 His entrepreuneur journey with Hubdub and Fanduel 12:30 Why Betfair is not the leader: Mistakes that prevented Betfair to be #1 15:13 Betfair Post Mortem: Missed on innovation, Marketing failure 21:10 FanDuel journey: The success, winning over casinos 24:57 Fantasy sports & sports betting: PASPA, his vision on the industry, being industry leader 32:36 Building an Exchange in the US: The sophistication of the market, Wire Act and liquidity 37:03 Betdex and Crypto: The purpose, the challenge of Ethereum, Solana, platform risk, the business model and liquidity 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.
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Jul 15, 2022 • 29min

E177 - News roundup with Brad Allen

In this episode of the Business of Betting podcast, Brad Allen from Legal Sports Report (LSR) joins Jason Trost to cover and share opinions about the latest industry news. 00:53 Amy Howe talks offshore betting: Making a better product, taxes, offshores books and limits of the market 10:10 Matchbook brokerage service 20:00 Openbet retraded price: stocks down 33%, B2B suppliers, change of control clauses Follow us on: https://twitter.com/bettingpod https://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcA Get in touch: https://twitter.com/BradAllenNFL https://twitter.com/jasontrost Hosted on Acast. See acast.com/privacy for more information.
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Jul 8, 2022 • 44min

E176 - Scott Kaufman-Ross, SVP Gaming & New Business at the NBA

In this episode of the Business of Betting podcast, Scott Kaufman-Ross joins the show. Scott is SVP Gaming & New business at the NBA and talks about how he got his job, how the NBA is very pro betting and monetizes betting, what it sees in the future and how teams can decide who to work with. 02:14 How Scott got into the NBA: Starting in Finance, being a fantasy player 07:54 The evolution of the industry: The league’s position on sports betting, what the approach should be 14:38 The NBA’s economic system: Revenue, teams 20:26 The League and revenue share with sportsbooks 25:22 Sponsorship inventory, activation, level of deals (team vs league), licensing framework, legal and offshore operators 31:05 Betting activity and attention: data attribution, large markets 34:25 Consumption of media: Digital vs linear, customisation, NBA telecast 39:00 Injury reports and Transparency 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.
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Jun 24, 2022 • 36min

E175 - News roundup with Brad Allen

EP 175: Doesn’t every sports betting company in the US lose money? In this episode of the Business of Betting podcast, Jason Trost welcomes journalist Brad Allen from Legal Sports Report (LSR) to cover and share opinions about the industry news. 01:42 Wynn is closing down UK social Betting app BetBull: Wynn losing money on sports betting; Wynn getting out of sports betting?; casinos 11:28 The place of social in sports betting: Draftkings / bet groups; SBK; Skybet; Stock trading and Sports betting 19:08 Susquehanna SIG’s $65.5m investment in PointsBet: Nelly vs Banach; Jeff Yass’s statement; Fundamental model; best odds 29:20 Rumours around Fanatics acquisition of the German sportsbook Tipico (CNBC): Valuation; Fanatics’s Market access; GLI 33 33:04 Colorado’s regulator and the State audit Mentioned in the episode: https://www.legalsportsreport.com/71850/wynn-betbull-closure-uk-sports-betting-app/ https://www.legalsportsreport.com/71735/pointsbet-stock-susquehanna-sig-deal/ https://www.cnbc.com/2022/06/23/fanatics-is-in-talks-to-buy-sports-betting-company-tipico-sources-say.html Follow us on: https://twitter.com/bettingpod https://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcA Get in touch: https://twitter.com/BradAllenNFL https://twitter.com/jasontrost Hosted on Acast. See acast.com/privacy for more information.
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Jun 17, 2022 • 1h 10min

E174 - Paul Beattie of Soko Advisors

Have a listen to long time industry insider Paul Beattie pontificate on sports betting tech, regulation, and the best way to build technology in the industry https://www.sokoadvisors.com/ paul@sokoadvisors.com Hosted on Acast. See acast.com/privacy for more information.
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Jun 10, 2022 • 57min

E173 - Quinton Singleton - founder of bet.works (Part 2)

Quinton rejoins for Part II to talk about house edges, buying vs building, Fanatics getting into the business Long time betting industry exec and founder joins BoB to talk about bet.works, Cantor Gaming and innovation https://www.linkedin.com/in/qrsingleton/ https://twitter.com/QRSingleton Hosted on Acast. See acast.com/privacy for more information.
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Jun 3, 2022 • 53min

E172 - Quinton Singleton - founder of bet.works (Part 1)

Long time betting industry exec and founder joins BoB to talk about bet.works, Cantor Gaming and innovation https://www.linkedin.com/in/qrsingleton/ https://twitter.com/QRSingleton Hosted on Acast. See acast.com/privacy for more information.
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May 27, 2022 • 43min

E171 - Jake Williams - Founder of Business of Betting Podcast

Jake joins us to talk about why he got into the industry, his time at Sportsradar, PointsBet and his thoughts of being such a prolific podcast host. Hosted on Acast. See acast.com/privacy for more information.
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Apr 20, 2021 • 45min

E170 - FanDuel to Barstool to Bettor Capital

Episode 170 - David VanEgmond David discusses his time at FanDuel and the Barstool/Penn acquisition as well as all his current efforts with Bettor Capital. We cover growth, branding, unit economics and the development of the betting space.  Hosted on Acast. See acast.com/privacy for more information.

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