Business of Betting with Jason Trost


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 Betdaq

09:33 His entrepreuneur journey with Hubdub and Fanduel

12:30 Why Betfair is not the leader: Mistakes that prevented Betfair to be #1

15:13 Betfair Post Mortem: Missed on innovation, Marketing failure

21:10 FanDuel journey: The success, winning over casinos

24:57 Fantasy sports & sports betting: PASPA, his vision on the industry, being industry leader

32:36 Building an Exchange in the US: The sophistication of the market, Wire Act and liquidity

37:03 Betdex and Crypto: The purpose, the challenge of Ethereum, Solana, platform risk, the business model and liquidity

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