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Speaker 1: For single best idea and the way this happened today
Speaker 1: with the world Class Michael Nathan sent him off at
Speaker 1: Nathanson on streaming. We talked about the horrific fires in
Speaker 1: Los Angeles and what it will mean just for the
Speaker 1: Oscars and what it will mean for Michael Nathanson's industry,
Speaker 1: but also, you know, his single best idea and the
Speaker 1: usual you know, Bloomberg surveillance chit chat. But then we
Speaker 1: somehow stumbled into fan duel and the other one, what's
Speaker 1: the other one called Draft Kings, DraftKings and fan Duel,
Speaker 1: and we stumbled into that, and then Damien Sassar, who's
Speaker 1: Encyclopedica on this with his effort at Bloomberg on Sports
Speaker 1: was with us and so it was just brilliant. Here
Speaker 1: is Michael Nathanson on some of the worries state by
Speaker 1: state of our new sports gambling.
Speaker 2: You may have thought that if we you know, is
Speaker 2: gambling and they're spending as much as they can, But
Speaker 2: we're finding we don't need those states to come online
Speaker 2: anytime soon because on a state by state basis, there's
Speaker 2: more per capital spending and the competitive dynamic. Right people
Speaker 2: started with all types of free bet offers, those.
Speaker 3: Platforms have gone away.
Speaker 2: Yeah, pretty much a two horse market fan duel and DraftKings.
Speaker 2: So it's become a dua and the per capitist bank
Speaker 2: keeps going up. In Tom, I want to let you
Speaker 2: know I have deep concerns about this as a as.
Speaker 3: A parent and as a citizen, but it's legal.
Speaker 1: Tom. Just fascinating conversation I mentioned later on about you
Speaker 1: know this is just my old fossil them. I mean,
Speaker 1: I don't have an opinion on this. I'm trying to
Speaker 1: not editorialize. But in a college game, I'll see a
Speaker 1: banner and down below they have the betting numbers in
Speaker 1: the banner on TV, and I'm like, is that what
Speaker 1: college sports has come down to is trying to figure
Speaker 1: out what Ohio State's going to do to Notre Dame
Speaker 1: and vice versa. I guess that's where we are.
Speaker 3: We continued.
Speaker 1: Damian Sansaar was just absolutely lights out. Michael Nathanson on
Speaker 1: what we've learned from the United Kingdom in their decades
Speaker 1: centuries of betting.
Speaker 4: You know, it's interesting the UK has started to put
Speaker 4: some real guardrails around this topic. Right, So the UK
Speaker 4: regulars are concerned about just how much ease or how
Speaker 4: much GENEROSSI has been given to betters and you know,
Speaker 4: I'm putting, and they put limits on certain types of bets.
Speaker 3: So you know, right now we're in this phase where
Speaker 3: it's just un chat. Right.
Speaker 5: I have to think ten years from now, Tom, we'll
Speaker 5: look back and say, oh, we should have done more
Speaker 5: on regulatory right, but we're in this golden age of
Speaker 5: letting the market decide how much is enough?
Speaker 3: Right.
Speaker 1: We'll continue on this. This is all of a sudden
Speaker 1: the theme I think of interest here for all of our
Speaker 1: listeners and our viewers on YouTube around the world. We've
Speaker 1: advantaged of Bloomberg intelligence. Brian Eggers is with us, who's
Speaker 1: truly encyclopedic on this. We'll have them on more often
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