Business of Betting with Jason Trost

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?; casinos11:28 The place of social in sports betting: Draftkings / bet groups; SBK; Skybet; Stock trading and Sports betting19:08 Susquehanna SIG’s $65.5m investment in PointsBet: Nelly vs Banach; Jeff Yass’s statement; Fundamental model; best odds29:20 Rumours around Fanatics acquisition of the German sportsbook Tipico (CNBC): Valuation; Fanatics’s Market access; GLI 3333:04 Colorado’s regulator and the State auditMentioned 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.htmlFollow us on:https://twitter.com/bettingpodhttps://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcAGet in touch:https://twitter.com/BradAllenNFLhttps://twitter.com/jasontrost