Business of Betting with Jason Trost Jason Trost

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34:34 - The difficulty of selling horse racing due to high costs and outdated practices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 episode is presented by 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 episode is presented by 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 episode is presented by 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 episode is presented by 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 Scott Sadin from US Integrity.

Hear them discuss:
01:00 - The recent conviction of former President Donald Trump, and how that will affect his current candidacy
05:27 - What it means to have 'integrity' in professional and collegiate sports, and how US Integrity is ensuring it
08:37 - How insider information can be used for nefarious purposes
10:32 - The role that sports properties play in ensuring integrity of their events and stakeholders
13:32 - How US Integrity responds to alerts of anomalies or irregularities
17:37 - Public perception of betting-related scandals, the role that media plays in it, and conflating 'outrage' with 'surprise'
23:55 - Scott's perspective and experience as a "picks and shovels" business within the regulated betting industry
25:54 - The consolidation of B2B companies within the industry, including US Integrity's recent merger with Odds On Compliance
27:15 - Additional verticals that US Integrity is considering expanding its business into
30:48 - The business risk associated with being a B2B provider during a time of consolidation and declining customers
32:27 - How Scott is feeling as an impending first-time parent
36:50 - What Scott wants to be when he grows up

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This episode is presented by 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 Adam Bjorn from Plannatech.

Hear them discuss:
01:11 - Adam's recent travels throughout the US
03:37 - Adam's past experience in the offshore betting industry, and how it's similar/different to regulated markets 
06:30 - The difficulty for regulators and prosecutors to enforce action against offshore operators
11:15 - What made Adam want to push for moving the unregulated to the regulated
14:03 - The jurisdictions that Adam sees as having the most favorable operating models
17:16 - Whether Adam sees himself as a professional bettor first or sportsbook operator first
19:16 - The relationship between Plannatech and Prime Sports
20:19 - What changes and innovations Adam is trying to bring to the industry 
23:29 - Adam's take on the role that exchanges play, and what the future of them looks like
28:14 - Whether the low margin model can work in the regulated US market
30:33 - What Adam wants to be when he grows up



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This episode is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry.

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