

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.