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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, single best Idea and

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Speaker 1: the way we make the sausage is through the show.

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Speaker 1: A couple of the interns are always listening, and they'll

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Speaker 1: decide they see some pithy moment, or I'll say, hey,

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Speaker 1: that was really good, let's do it. And not always,

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Speaker 1: but often, well, if something early in the show that

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Speaker 1: gets pushed aside by something later in the show, or

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Speaker 1: sometimes you don't see something coming and it's so profound

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Speaker 1: that you just stop and say, we have to do this.

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Speaker 1: For single best idea and the way this happened today

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Speaker 1: with the world Class Michael Nathan sent him off at

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Speaker 1: Nathanson on streaming. We talked about the horrific fires in

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Speaker 1: Los Angeles and what it will mean just for the

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Speaker 1: Oscars and what it will mean for Michael Nathanson's industry,

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Speaker 1: but also, you know, his single best idea and the

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Speaker 1: usual you know, Bloomberg surveillance chit chat. But then we

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Speaker 1: somehow stumbled into fan duel and the other one, what's

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Speaker 1: the other one called Draft Kings, DraftKings and fan Duel,

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Speaker 1: and we stumbled into that, and then Damien Sassar, who's

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Speaker 1: Encyclopedica on this with his effort at Bloomberg on Sports

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Speaker 1: was with us and so it was just brilliant. Here

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Speaker 1: is Michael Nathanson on some of the worries state by

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Speaker 1: state of our new sports gambling.

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Speaker 2: You may have thought that if we you know, is

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Speaker 2: gambling and they're spending as much as they can, But

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Speaker 2: we're finding we don't need those states to come online

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Speaker 2: anytime soon because on a state by state basis, there's

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Speaker 2: more per capital spending and the competitive dynamic. Right people

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Speaker 2: started with all types of free bet offers, those.

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Speaker 3: Platforms have gone away.

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Speaker 2: Yeah, pretty much a two horse market fan duel and DraftKings.

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Speaker 2: So it's become a dua and the per capitist bank

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Speaker 2: keeps going up. In Tom, I want to let you

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Speaker 2: know I have deep concerns about this as a as.

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Speaker 3: A parent and as a citizen, but it's legal.

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Speaker 1: Tom. Just fascinating conversation I mentioned later on about you

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Speaker 1: know this is just my old fossil them. I mean,

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Speaker 1: I don't have an opinion on this. I'm trying to

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Speaker 1: not editorialize. But in a college game, I'll see a

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Speaker 1: banner and down below they have the betting numbers in

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Speaker 1: the banner on TV, and I'm like, is that what

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Speaker 1: college sports has come down to is trying to figure

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Speaker 1: out what Ohio State's going to do to Notre Dame

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Speaker 1: and vice versa. I guess that's where we are.

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Speaker 3: We continued.

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Speaker 1: Damian Sansaar was just absolutely lights out. Michael Nathanson on

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Speaker 1: what we've learned from the United Kingdom in their decades

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Speaker 1: centuries of betting.

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Speaker 4: You know, it's interesting the UK has started to put

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Speaker 4: some real guardrails around this topic. Right, So the UK

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Speaker 4: regulars are concerned about just how much ease or how

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Speaker 4: much GENEROSSI has been given to betters and you know,

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Speaker 4: I'm putting, and they put limits on certain types of bets.

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Speaker 3: So you know, right now we're in this phase where

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Speaker 3: it's just un chat. Right.

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Speaker 5: I have to think ten years from now, Tom, we'll

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Speaker 5: look back and say, oh, we should have done more

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Speaker 5: on regulatory right, but we're in this golden age of

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Speaker 5: letting the market decide how much is enough?

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Speaker 3: Right.

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Speaker 1: We'll continue on this. This is all of a sudden

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Speaker 1: the theme I think of interest here for all of our

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Speaker 1: listeners and our viewers on YouTube around the world. We've

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Speaker 1: advantaged of Bloomberg intelligence. Brian Eggers is with us, who's

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Speaker 1: truly encyclopedic on this. We'll have them on more often

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Speaker 1: here into two thousand and twenty five on your community

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Speaker 1: across the nation on Apple carpenty, Androidotto, and Sirius XM

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Speaker 1: Channel one twenty one. Good Morning in New England, ninety

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Speaker 1: two nine down In ninety nine one FM in Washington,

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Speaker 1: and Bloomberg eleven three in New York. We say good

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Speaker 1: Highlight of the day, Putney, Vermont, thank you, launch monachathon

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Speaker 1: for the maple Syrup from the Putney School where it

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Speaker 1: was seven degrees this morning. We're on YouTube podcasts single

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Speaker 1: Best I Do