The Weekender: Questions Abound For Prediction Markets
Will the CFTC struggle with sports contract oversight? Different sports betting categories. RI eyes open market. Flutter CEO questions prediction market hype.
The Bulletin Board
ABOVE the FOLD: The week’s top stories from Straight to the Point.
NEWSLETTER ROUNDUP: The best of the best from industry newsletters.
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Above the Fold: The Week’s Top Stories on STTP
[MONDAY]: Contrasting the CFTC's resource constraints and regulatory challenges in overseeing sports contracts compared to state gaming authorities' expertise.
[TUESDAY]: The four types of sports betting: Traditional (value-driven), SGP (thrill-seeking), In-Game/Prediction (real-time), and DFS (strategic). Each targets unique user motivations.
[WEDNESDAY]: Rhode Island is considering ending its sports betting monopoly and opening the market to multiple operators as revenues decline and competition grows.
[THURSDAY]: Flutter CEO Peter Jackson talks about the potential opportunities for prediction markets, and why they might be overhyped.
[FRIDAY FEATURE]: Prediction markets have been a hot topic during recent earnings calls, but I'd caution that some of the wishy-washy answers are being misconstrued.
Read Between The Lines
It’s earnings call season, and in addition to revenue hits and misses, customer-friendly sports outcomes, and the usual KPIs, gambling executives have been fielding numerous questions about prediction markets.
[PODCAST]: In this episode, I welcome back Nick Jones, co-founder of Poker Industry Pro and PokerFuse, to discuss the dynamic shifts in the US online poker landscape over the past year.
Episode 51: An Online Poker Renaissance with Nick Jones
"I feel like more has happened in US online poker in the last year than the prior 10." – Nick Jones