Business of Betting with Jason Trost

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

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

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