The Joe Pomp Show

A new law has emerged that could derail professional gambling in the U.S., raising concerns for both sportsbooks and recreational bettors. The provision limiting gambling loss deductions may push gamblers towards unregulated markets. This shift threatens state revenues and could lead to job losses in the industry. Historical taxation comparisons reveal similar challenges the betting market has faced before. The implications of this legislation could undermine the safety net it intends to strengthen, leaving many questioning its long-term effects.

The podcast delves into LVMH's bold approach to sports marketing, highlighting their staggering $300 million annual investment. It explores how luxury brands like Louis Vuitton and TAG Heuer are transforming sponsorship dynamics through high-profile partnerships with major sporting events. By connecting with affluent consumers and engaging younger audiences, LVMH is setting new standards in luxury branding. It's a fascinating look at how these brands creatively leverage sports to elevate their visibility and relevance in a competitive market.

Discover the hidden intricacies of Wimbledon, from its evolution into a financial powerhouse to the meticulous maintenance of its iconic grass courts. Learn about the all-white dress code, elite member access, and why matches can’t go past 11 PM. Uncover the technology behind the scenes, including the extensive use of high-tech cameras. Plus, enjoy intriguing tales of history, traditions, and the commitment to equal prize money that make this tournament a unique experience in the world of tennis.

Explore the making of a massive Hollywood film centered on Formula One, starring Brad Pitt. Discover the eye-popping budget and the creative collaborations between the racing world and filmmakers. Learn about the innovative filming techniques, including state-of-the-art cameras mounted on cars and capturing authentic footage at real races. Delve into the fascinating world of sponsorship deals for the movie's fictional team, highlighting the intricate blend of entertainment and motorsport.

A former NFL executive takes the reins as the first CEO of the PGA Tour, marking a significant shift in leadership. The discussion highlights his impressive track record in the NFL and the challenges he faces amid tensions with LIV Golf. Key factors in his hiring, including a recent $3 billion fundraising effort, are examined. The podcast delves into his priorities and the implications of this change for the future of golf. Tune in for insights on this transformative move in the sports world!

Discover how the Lakers soared to a $10 billion sale, spearheaded by new owner Mark Walter. Delve into Jerry Buss’s incredible journey from poverty to creating a sports empire. Uncover the groundbreaking negotiations that made this historic deal possible. Learn how Buss transformed the Lakers with the ‘Showtime’ era, pioneering a blend of basketball and entertainment that forever changed the NBA. This is a captivating look at legacy, ambition, and the art of sports ownership.

Discover the groundbreaking House v. NCAA settlement that allows universities to directly compensate student-athletes for the first time. Unpack details like the staggering $2.8 billion in backpay allocated for current and former athletes, and the new $20.5 million cap on college athletic spending. Explore how this monumental change will reshape NIL deals and what potential ramifications could arise in the world of college sports. This conversation dives into significant shifts that could alter the landscape forever!

Today’s podcast takes an inside look at Oakmont Country Club, the host of this weekend’s US Open golf tournament. Oakmont is one of the country’s most historic golf courses and will host the US Open for a record 10th time this weekend — more than any other golf course in the United States. I break down Oakmont’s storied history, financials, challenging course layout, the course’s recent redesign, and dozens of other interesting facts behind the 122-year-old country club. Enjoy!

Michael Rubin, Founder and CEO of Fanatics, shares insights on the burgeoning intersection of sports betting and collectibles. He discusses the exciting Fanatics Fest, designed as a vibrant community celebration for sports fans. Rubin emphasizes the pivotal role star athletes play in merchandise sales, citing icons like Shohei Otani and the impact of emerging talents. With ambitious growth strategies, he reveals how Fanatics aims to innovate fan engagement in the sports industry, promising a thrilling future for both collectors and bettors.

In this engaging discussion, Ben Johnson, Chief Revenue Officer of SailGP, delves into the meteoric rise of the international sailing championship. He shares insights into SailGP's innovative business model that mirrors the excitement of Formula 1, emphasizing fan engagement with real-time data and accessible racing experiences. The conversation highlights the thrilling competition format, the evolution of team ownership, and how strategic partnerships have transformed SailGP from a niche hobby into a mainstream powerhouse, captivating a diverse global audience.