Business Of Betting Podcast

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 announcement02:45 - The states affected by the surcharge03:20 - The stock market's reaction to the announcement04:05 - Comparison of U.S. and international tax rates06:30 - The potential impact on DraftKings' profitability07:55 - The price sensitivity of American bettors09:00 - Historical context of high tax rates in the industry10:15 - Implications for competitors like FanDuel and Smarkets12:50 - The adjusted EBITDA and financial metrics analysis16:00 - Potential impact on VIP customers and betting volume18:20 - Product comparison between sportsbooks and exchanges20:00 - Broader implications for the sports betting industry22:00 - Predictions on if DraftKings will implement the surcharge⚡️ Follow BoB on Twitter/X⚡️ Follow Jason on Twitter/X⚡️ Apply to be a guest hereThis ep