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E219: Roundtable discussion on DraftKings new surcharge
Manage episode 432682878 series 1418604
Content provided by Jason Trost. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jason Trost or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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
⚡️ Follow BoB on Twitter/X
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
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.
232 episodes
Share
Manage episode 432682878 series 1418604
Content provided by Jason Trost. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jason Trost or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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
⚡️ Follow BoB on Twitter/X
⚡️ Follow Jason on Twitter/X
⚡️ Apply to be a guest here
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.
232 episodes
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