Online Sports Betting with Will Hershey
There is an manufacture with immense revenue-generating potential which seems to be still largely untapped inward the United States: online sports betting. inward this episode, we’re joined by Will Hershey, Co-Founder and CEO of Roundhill Investments, to review the beginnings of online gambling and its current landscape. inward 2018 online gambling became legal at the federal level, giving private states a the ability to decide how they want to deal with it (and some are doing so more successfully than others). inward this fascinating conversation, we discuss the dramatic impacts that online sports betting could take hold on the sports manufacture as a whole, why there is so much nascent opportunity inward this sector, some best and worst practice examples when it comes to regulating and taxing it, and a few mind-blowing statistics about just how big the manufacture is expected to be inward a few years’ time!
Key Points From This Episode:
-Will provides us with a historical picture of gambling inward the United States.
-What the repeal of PASPA inward 2018 meant for online gambling.
-Current revenues being generated by sports betting and iGambling.
-The three categories of online gambling and how they are being treated differently from a regulation standpoint.
-Market opportunity that Will sees inward Daily Fantasy versus sports betting.
-Why Will believes the highest revenue-generating potential exists inward iGaming.
-Will explains the model that New Jersey is using for sports betting, and why it works has worked so well.
-How online betting platforms are making themselves stand out.
-Sports betting as a “savior” for sports inward full general.
-B2B versus B2C players inward the sports betting world.
-Parts of the world where online sports betting is inward more mature phases.
-Changes that the shift from physical to digital is going to could bring about.
-Partnerships between online sportsbooks and casinos.
-Ideas around what the time to come of betting could seem similar.
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