On this episode of the Business of Betting Podcast, Jason answers listener-submitted questions and shares his insights on the latest developments in the industry, including the proposed UK gambling tax, sweepstakes models, and NCAA player prop markets.

Hear him discuss:

01:26 - His recent trip to Vegas and G2E conference highlights

03:30 - Impact of proposed UK gambling tax increase

08:00 - Sweepstake models and their rise in the United States

10:45 - Industry optimism from recent G2E and SBC conferences

16:53 - NCAA’s consideration of banning player prop markets due to social

media abuse

22:41 - Why PolyMarket and Kalshi predict Trump as the 2024 election favorite, despite traditional polls showing a close race

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This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.

On this episode of the Business of Betting Podcast, Jason is joined by Stuart Simms, the CEO of FairPlay Sports Media, recorded live at G2E in Las Vegas.

Hear them discuss:

01:10 - The strategic shift from OddsChecker to Fairplay Sports Media

04:10 - Stuart’s personal health journey and diagnosis with cancer

08:20 - The impact of diet on health and cancer treatment

12:00 - Key takeaways from G2E and networking insights

13:30 - The changes in OddsChecker’s business model

16:40 - Acquisition of Quarter4 and integrating AI for predictive models in sports betting

19:30 - How AI and real-time data impact tools like Bet Builder

22:00 - The challenges of balancing transparency for consumers and relationships with bookmakers

25:40 - The pricing margins in sports betting

30:10 - Consumer price sensitivity in sports betting

32:00 - The future of betting exchanges and the role of user experience in adoption

33:50 - U.S. market opportunities for data-driven tools in sports betting

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This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.

On this episode of the Business of Betting Podcast, Jason is joined by Dean Sisun from ProphetX.

Hear them discuss:

02:04 - The overview of ProphetX and the sweepstakes model

04:12 - Postmortem on why ProphetX moved away from the betting exchange model

08:40 - Challenges with regulatory models in the betting industry

10:00 - Exploring the novelty factor and customer acquisition

11:25 - Predictions for the future viability of betting exchanges in the U.S.

13:32 - Understanding how sweepstakes stacks up to traditional sports betting

14:00 - Legality of the sweepstakes model

16:00 - The mechanics of turning sweepstakes into a cash prize

18:40 - Companies operating in the sweepstakes sports betting market

25:53 - The challenges of implementing the peer-to-peer model

26:51 - Managing a remote team, while moving to Miami

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This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.

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 shared

02:32 Debating the morality of gambling practices

04:09 Personal reflections and upcoming ethics debate preview

11:32 The Intersection of politics and gambling industry

15:00 Advice on how to engage in political advocacy

18:04 Challenges in legalizing sports betting across states

27:24 Discussing state dynamics and tribal sovereignty issues

29:54 The New Jersey compromise and casino concerns raised

31:57 The role of tribes in political coalitions building

32:27 Public perception and media Influence on gambling

35:22 Political betting and regulatory challenges explained

42:05 Federal vs. state regulation of gambling industry

46:08 Election perspective and political divisions discussed

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This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.

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 reflections

02:30 - Differences in French vs. American culture

05:00 - Kalshi's prediction markets and CFTC regulation

09:15 - Massachusetts Gaming Commission on limiting bettors

15:00 - The US presidential election race, and what the Smarkets markets are saying 45 days from the election

19:30 - Attending conferences like the upcoming SBC Summit and G2E

23:00 - Smarkets' current projects and updates

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This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.

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 announcement

02:45 - The states affected by the surcharge

03:20 - The stock market's reaction to the announcement

04:05 - Comparison of U.S. and international tax rates

06:30 - The potential impact on DraftKings' profitability

07:55 - The price sensitivity of American bettors

09:00 - Historical context of high tax rates in the industry

10:15 - Implications for competitors like FanDuel and Smarkets

12:50 - The adjusted EBITDA and financial metrics analysis

16:00 - Potential impact on VIP customers and betting volume

18:20 - Product comparison between sportsbooks and exchanges

20:00 - Broader implications for the sports betting industry

22:00 - Predictions on if DraftKings will implement the surcharge

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This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.

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 concerns

2:22 - Climate change and the role of government in solving big issues

4:16 - Jamie's background in horse racing and initial experiences with betting

7:10 - Early internet betting and its evolution at William Hill

8:28 - The challenges of manual betting systems and early online betting

10:05 - The impact of regulatory changes on sports betting innovation

12:36 - The importance of knowing every aspect of your business operations

14:43 - Jamie's perspective on technology and customer interaction in betting

18:00 - Discussing the stagnation in the betting industry due to regulatory pressures

20:36 - Potential future changes and innovations in the betting industry

23:18 - The challenges and potential of horse racing in modern betting

27:00 - The importance of making betting more accessible and enjoyable

31:10 - Comparing horse racing to Formula One in terms of theater and excitement

34:34 - The difficulty of selling horse racing due to high costs and outdated practices

37:20 - Potential strategies for revitalizing horse racing and attracting a younger audience

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This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.

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 comparisons

3:53 - The history of how the LiveScore Group came together

8:26 - How LiveScore Group is differentiate itself from other UK sportsbooks

10:11 - Developing an in-house sportsbook platform, and current efforts to migrate to it

11:35 - Sam's definition of being a world-class sportsbook product

20:29 - How Sam think about buying versus building core pieces of the technology stack

26:02 - Sam's take on the state of sports betting in 2024

28:18 - How Sam views unregulated markets 

31:08 - Insights on the role of exchanges in the future of sports betting

35:45 - Regulation, the push for transparency, and consumer empowerment

42:39 - What Sam wants to be when he grows up

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This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.

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.

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This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.

On this episode of the Business of Betting Podcast, Jason is joined by Jake Williams.

Hear them discuss:

02:00 -Jake’s experience in fatherhood and raising daughters as Jason shares his family dynamics.

04:15 - Jason's focus on health, exercise, and therapy; benefits of a healthy lifestyle.

11:15 - Jason’s reasons for not drinking alcohol and its positive impact on his life.

14:10 - Jake's thoughts on drinking culture and its role in social and professional settings.

16:55 - The current state of the sports betting industry and significant events.

20:55 - Analysis of fluctuating GGR numbers and the impact of VIP players.

23:10 - The regulatory environments and their impact on businesses.

26:45 - Moral implications of operating in unregulated markets.

30:50 - Jason's frustrations with the regulatory landscape and compliance challenges.

32:36 - Summer plans and work-life balance with taking time off to enjoy family vacations and relaxation.

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This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

Hosted on Acast. See acast.com/privacy for more information.