"I’m hoping that they’re growing pains. I’m fearful that this is the new norm." ~ David Purdum
In this episode of the Talking Shop Podcast, ESPN’s David Purdum stopped by for his second visit (you can listen to his first appearance here).
The conversation explores the evolution of the sports betting landscape, highlighting the industry’s aggressive marketing and customer acquisition strategies, which have fueled a growing backlash.
We also discussed the recent scandals, such as the Jontay Porter case, and the lack of regulatory guardrails around marketing, bonuses, and betting limits. Purdum hones in on the industry’s failure to adequately address problem gambling and game integrity, citing examples like Fresno State, where players are accused of betting on their own stats via daily fantasy platforms.
Purdum and I also hit on the role of rapid legalization and expansive betting menus —offering props on obscure players — and the possibility of federal intervention, with Purdum predicting restrictions on advertising and NCAA prop bets and expressing his hope that current issues like addiction spikes and athlete harassment are growing pains, not a new norm.
Another interesting point of discussion was trust issues with legal sportsbooks — stories of delayed withdrawals and odds changes — which contrast with the reliability some bettors find in offshore markets or local bookies.
Why hire Steve Ruddock? Over the years, Steve has advised startups, national gambling companies, government agencies, and investment banks on a wide variety of topics.
Whether you’re looking for market research, want to raise your brand awareness, or are trying to develop responsible gaming strategies, Steve can help with honest, balanced, no-nonsense analysis of the situation.
Steve’s unique experience and insights are often the missing piece to the puzzle.
Reach out for more information: Straight to the Point Consulting.
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