Business of Betting Podcast

On this episode of the Business of Betting Podcast, Jason is joined by Bill Pascrell, III (BP3) at the SBC Summit in Lisbon, Portugal.Hear them discuss:01:20 Pascrell’s Journey and Industry Insights shared02:32 Debating the morality of gambling practices04:09 Personal reflections and upcoming ethics debate preview11:32 The Intersection of politics and gambling industry15:00 Advice on how to engage in political advocacy18:04 Challenges in legalizing sports betting across states27:24 Discussing state dynamics and tribal sovereignty issues29:54 The New Jersey compromise and casino concerns raised31:57 The role of tribes in political coalitions building32:27 Public perception and media Influence on gambling35:22 Political betting and regulatory challenges explained42:05 Federal vs. state regulation of gambling industry46:08 Election perspective and political divisions discussed⚡️ Follow BoB on Twitter/X⚡️ Watch BoB on Youtube⚡️ Follow Jason on Twitter/X⚡️ Apply to be a guest hereThis episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

On this episode of the Business of Betting Podcast, Jason returns after a summer break with his first solo "Office hours" episode, where he tackles questions surrounding regulation, prediction markets, bettor limits, the US presidential election, and the latest from within Smarkets.Hear them discuss:01:00 - Jason’s summer break and family reflections02:30 - Differences in French vs. American culture05:00 - Kalshi's prediction markets and CFTC regulation09:15 - Massachusetts Gaming Commission on limiting bettors15:00 - The US presidential election race, and what the Smarkets markets are saying 45 days from the election19:30 - Attending conferences like the upcoming SBC Summit and G2E23:00 - Smarkets' current projects and updates⚡️ Follow BoB on Twitter/X⚡️ Watch BoB on Youtube⚡️ Follow Jason on Twitter/X⚡️ Apply to be a guest hereThis episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

On this episode of the Business of Betting Podcast, Jason is joined by Dustin Gouker, Founder of Closing Line Consulting, and Joe Brennan Jr., Executive Chairman from Prime Sports.Hear them discuss:01:35 - DraftKings' new winning surcharge announcement02:45 - The states affected by the surcharge03:20 - The stock market's reaction to the announcement04:05 - Comparison of U.S. and international tax rates06:30 - The potential impact on DraftKings' profitability07:55 - The price sensitivity of American bettors09:00 - Historical context of high tax rates in the industry10:15 - Implications for competitors like FanDuel and Smarkets12:50 - The adjusted EBITDA and financial metrics analysis16:00 - Potential impact on VIP customers and betting volume18:20 - Product comparison between sportsbooks and exchanges20:00 - Broader implications for the sports betting industry22:00 - Predictions on if DraftKings will implement the surcharge⚡️ Follow BoB on Twitter/X⚡️ Follow Jason on Twitter/X⚡️ Apply to be a guest hereThis episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

On this episode of the Business of Betting Podcast, Jason is joined by Jamie Hart from Conquer Technology.Hear them discuss:1:10 - The recent UK elections and environmental concerns2:22 - Climate change and the role of government in solving big issues4:16 - Jamie's background in horse racing and initial experiences with betting7:10 - Early internet betting and its evolution at William Hill8:28 - The challenges of manual betting systems and early online betting10:05 - The impact of regulatory changes on sports betting innovation12:36 - The importance of knowing every aspect of your business operations14:43 - Jamie's perspective on technology and customer interaction in betting18:00 - Discussing the stagnation in the betting industry due to regulatory pressures20:36 - Potential future changes and innovations in the betting industry23:18 - The challenges and potential of horse racing in modern betting27:00 - The importance of making betting more accessible and enjoyable31:10 - Comparing horse racing to Formula One in terms of theater and excitement34:34 - The difficulty of selling horse racing due to high costs and outdated practices37:20 - Potential strategies for revitalizing horse racing and attracting a younger audience⚡️ Follow BoB on Twitter/X⚡️ Follow Jason on Twitter/X⚡️ Apply to be a guest hereThis episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

On this episode of the Business of Betting Podcast, Jason is joined by Sam Sadi from LiveScore Group.Hear them discuss: 1:52 - Sam's life after leaving Turkey, and then returning to start a sportsbook in 1998 2:36 - Understanding inflation in Turkey and historical economic comparisons3:53 - The history of how the LiveScore Group came together8:26 - How LiveScore Group is differentiate itself from other UK sportsbooks10:11 - Developing an in-house sportsbook platform, and current efforts to migrate to it11:35 - Sam's definition of being a world-class sportsbook product20:29 - How Sam think about buying versus building core pieces of the technology stack26:02 - Sam's take on the state of sports betting in 202428:18 - How Sam views unregulated markets 31:08 - Insights on the role of exchanges in the future of sports betting35:45 - Regulation, the push for transparency, and consumer empowerment42:39 - What Sam wants to be when he grows up⚡️ Follow BoB on Twitter/X⚡️ Follow Jason on Twitter/X⚡️ Apply to be a guest hereThis episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

On this episode of the Business of Betting Podcast, Jason is joined by Joe "Tall" Bunevith from GLI.Hear them discuss: 01:25 - What GLI (Gaming Laboratories International) does and their global reach.02:31 - The presidential debate and the relevance of political debates in modern media.03:29 - Joe's take on the impact of political debates and the change in political dynamics over the years.10:11 - Poker, Joe's career shift, and his experience in the poker industry.13:16 - Joe's journey from Massachusetts to Southern California and launching a poker training company.17:41 - Insight into professional poker life, the importance of emotional control, and the rise of poker solvers.22:49 - Joe’s role at GLI and the regulatory process for sports betting applications.25:36 - The GLI 33 certification process and discusses regulatory challenges.31:38 - The difficulties startups face in the current regulatory environment and the impact on innovation.34:31 - Joe’s perspective on the lack of new entrants in the sports betting industry and the role of big players.⚡️ Follow BoB on Twitter/X⚡️ Follow Jason on Twitter/X⚡️ Apply to be a guest hereThis episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.