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Business of Betting with Jason Trost

We look how the betting industry really runs by interviewing its insiders

A betting podcast about the business side of the betting, wagering and investing world. Hosted by Jason Trost
Latest Episode7/29/2022

E179 - Sanford Loudon of Oakvale Capital

Season 1, Ep. 179
In this episode of the Business of betting Sanford 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 undervalued32:05 Focus on the US market: Making money; profitability of US operators; online casinos; maturity of the market; UK v. USFollow us on: https://twitter.com/bettingpodhttps://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcAGet in touch: https://twitter.com/jasontrost
7/29/2022

E179 - Sanford Loudon of Oakvale Capital

Season 1, Ep. 179
In this episode of the Business of betting Sanford 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 undervalued32:05 Focus on the US market: Making money; profitability of US operators; online casinos; maturity of the market; UK v. USFollow us on: https://twitter.com/bettingpodhttps://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcAGet in touch: https://twitter.com/jasontrost
7/22/2022

E178 - Nigel Eccles - From Fanduel to Betdex

Season 1, Ep. 178
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 Betdaq09:33 His entrepreuneur journey with Hubdub and Fanduel12:30 Why Betfair is not the leader: Mistakes that prevented Betfair to be #115:13 Betfair Post Mortem: Missed on innovation, Marketing failure21:10 FanDuel journey: The success, winning over casinos24:57 Fantasy sports & sports betting: PASPA, his vision on the industry, being industry leader32:36 Building an Exchange in the US: The sophistication of the market, Wire Act and liquidity37:03 Betdex and Crypto: The purpose, the challenge of Ethereum, Solana, platform risk, the business model and liquidityFollow us on:https://twitter.com/bettingpodhttps://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcAGet in touch:https://twitter.com/jasontrost
7/15/2022

E177 - News roundup with Brad Allen

Season 1, Ep. 177
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 market10:10 Matchbook brokerage service20:00 Openbet retraded price: stocks down 33%, B2B suppliers, change of control clausesFollow us on:https://twitter.com/bettingpodhttps://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcAGet in touch:https://twitter.com/BradAllenNFLhttps://twitter.com/jasontrost
7/8/2022

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

Season 1, Ep. 176
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 player07:54 The evolution of the industry: The league’s position on sports betting, what the approach should be14:38 The NBA’s economic system: Revenue, teams20:26 The League and revenue share with sportsbooks25:22 Sponsorship inventory, activation, level of deals (team vs league), licensing framework, legal and offshore operators31:05 Betting activity and attention: data attribution, large markets34:25 Consumption of media: Digital vs linear, customisation, NBA telecast39:00 Injury reports and TransparencyFollow us on:https://twitter.com/bettingpodhttps://www.youtube.com/channel/UCheYAzYxx-FmWkjbnZ9sXcAGet in touch:https://twitter.com/jasontrost
6/24/2022

E175 - News roundup with Brad Allen

Season 1, Ep. 175
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
6/17/2022

E174 - Paul Beattie of Soko Advisors

Season 1, Ep. 174
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 industryhttps://www.sokoadvisors.com/ paul@sokoadvisors.com
6/10/2022

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

Season 1, Ep. 173
Quinton rejoins for Part II to talk about house edges, buying vs building, Fanatics getting into the businessLong time betting industry exec and founder joins BoB to talk about bet.works, Cantor Gaming and innovationhttps://www.linkedin.com/in/qrsingleton/https://twitter.com/QRSingleton
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