Explore every episode of the podcast The Closing Line Podcast

Read this for more background:

Source material, required reading for some context on today's postcast! https://igamingbusiness.com/sports-betting/online-sports-betting/californias-tribes-wont-try-for-wagering-26/

Show notes, basically just a bunch of links to coverage of yesterday’s hearing so you can see how it was covered in the mainstream and in the gambling industry:

Me

New York Times

ESPN

NPR

Legal Sports Report

Sports Betting Dime

Straight to the Point

Why do we see so much going on in the gray market right now for online gambling? Part of it’s because DraftKings and FanDuel paved the way. I delve more into it in today’s mini-podcast.

Show notes:

• Here’s the agenda for the NCLGS meeting this week in New Orleans, which includes a discussion about sweepstakes.

• Here is a little of the background on the pushback on the sweeps industry.

• Someone should write a book about the lobbying effort to get dozens of daily fantasy sports and sports betting laws passed around the country over about a six-year period. It was fascinating to watch it unfold in real time.

Former presidential candidate Andrew Yang recently wrote a takedown of legal sports betting at Newsweek. Here’s a rant about why I don’t like any of it.

Some show notes:

* Here’s the opinion piece from Yang, if you want to read it. (You don’t need to unless you want to be angry like me.)

* Here’s where Newsweek had been profiting from sports betting content (until recently).

* Here is some of the background of why Newsweek might have stopped doing sports betting content. (Go down to the second item.)

Welcome to episode 4 of The Closing Line Minipod. Today, I talk about two incidents of NFL injury reporting where teams have not been as transparent as they should be in an era of expanded legal sports betting.

Welcome to episode 3 of The Closing Line Minipod. Today, I talk about how offshore sportsbooks skate by offering odds on things like high school sports and the Little League World Series.

Welcome to episode 2 of The Closing Line Minipod. Today, a look at some of the changes we’ve seen recently in the affiliate industry, both good and bad.

Welcome to the first edition of The Closing Line Minipod. Technical difficulties delayed my first go at this, but here it is. Today, a short rant on why it’s silly that regulated online gambling gets more bad PR than any other form of gambling.

Should you care about DraftKings and FanDuel lobbying against some forms of daily fantasy sports in Wyoming (and probably elsewhere)? I tell you why you should and shouldn't.

Background reading: https://nexteventhorizon.substack.com/p/si-predict-new-global-prediction-market

Reports: New Orleans hoops suspensions over gambling probe

Fresno State holds out players; sources confirm betting inquiry

Reports: Temple’s connection to a probe into unusual gambling activity may be part of wider ring

Reports: New Orleans hoops suspensions over gambling probe

Fresno State holds out players; sources confirm betting inquiry

Reports: Temple’s connection to a probe into unusual gambling activity may be part of wider ring

More background for today's pod: https://nexteventhorizon.substack.com/p/think-tank-to-cftc-on-prediction-markets

More background for today's pod: https://nexteventhorizon.substack.com/p/everything-cftc-pick-quintenz-said

Some posts I reference in the pod:

https://nexteventhorizon.substack.com/p/more-times-kalshi-said-you-could-bet

https://closingline.substack.com/p/the-takeaway-nothing-is-gambling

For backstory:

Here’s my story on Kalshi/Polymarket + NHL.

Here’s the full NHL press release.

And here is my post on DraftKings acquiring Railbird.

Prediction markets – and sports betting – are going to be in every app with a wallet at the current rate. Fake news or the coming reality? I take a look at recent events and the future for prediction market integrations.

THE EFFECTS OF THE HYPER-GLOBALIZATION OF LEGALIZED SPORTS BETTING ON MATCH-FIXING AND COMPETITION MANIPULATION IN THE OLYMPICS https://scholars.law.unlv.edu/cgi/viewcontent.cgi?params=/context/glj/article/1228/&path_info=Helgren_The_Effects_of_the_Hyper_Globalization....pdfA brief timeline of US sports betting scandals https://www.espn.com/nba/story/_/id/46758802/betting-crime-player-bans

BetHog — a company started by FanDuel founder Nigel Eccles — announced a $10 million Series A financing round. As part of the raise, BetHog also launched Sentient Studios, which is “a new B2B provider that enables casino operators to deploy AI-powered dealers across their live online casino offerings.”

I had Eccles on the podcast to talk about the raise and where the cryptocurrency casino, sportsbook, and new studio are headed.

Eccles and I also talked about what he learned from his time at FanDuel, disruption in online gambling in the United States, and, of course, everyone’s favorite topic of prediction markets.