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Speaker 1: Hello, I'm Scott, I'm Eben Novie Williams, and I'm Michael Barr.

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Speaker 1: And this is the Bloomberg Business of Sports podcast, where

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Speaker 1: we explore the big money issues in the world of sports.

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Speaker 1: Get it again, so, he I love that you're so

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Speaker 1: pumped on the week. This is a team. It is we. Yes,

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Speaker 1: neither Evan or I hit the week, but you hit

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Speaker 1: the week today. We we en with all the World Cup.

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Speaker 1: Of course. Congratulations France. No no, no, no, no, no no, no,

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Speaker 1: congratulations Scott. I'm sorry to office pools. To office pools, well,

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Speaker 1: Evan did one of them and he had to rate

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Speaker 1: them all. All the teams wont do whatever, And I

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Speaker 1: won that one and then the other one. In all fairness,

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Speaker 1: it was picked out of a hat. You get two teams.

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Speaker 1: I started with Germany and Iran. And it was mentioned

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Speaker 1: to me by a co worker who had France that

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Speaker 1: he didn't love France. I said, I'll give you Germany

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Speaker 1: for France. Victoi. Oh my goodness. So when whenever the

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Speaker 1: next league comes up with Executive of the Year, I'd

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Speaker 1: like to be considered. By the way, is there anything

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Speaker 1: worse than the person winning the office pool who cares

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Speaker 1: the least updates weekly with this thing. I never opened it,

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Speaker 1: never looked at it. And then then at the final

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Speaker 1: all of a sudden, people were barraging me with tree.

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Speaker 1: I had a cash offer for France cash, so Edvan

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Speaker 1: was nice enough to crunch the numbers for me and

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Speaker 1: told me, no, just hold on to what the offer

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Speaker 1: is not good enough. Anytime you hear somebody say well

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Speaker 1: I like their uniforms and then they win the pool

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Speaker 1: because of that. I like the French national anthem. So

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Speaker 1: that's why I went with, well, it's good but anyway,

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Speaker 1: good news for France because they're partying hard and it's

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Speaker 1: gonna be a little boost to the economy the bars

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Speaker 1: same way it is in Russia. They got a big

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Speaker 1: boost from the World Cups. It's just gonna be a

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Speaker 1: boost of the economy in France. Is that what they're saying?

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Speaker 1: You think? So, how long does this party last? About

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Speaker 1: three minutes? Okay, well there you go do whatever wherever

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Speaker 1: we were before. It'll be a boost killing paycheck. I

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Speaker 1: have a feeling that next time charity, but this felt

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Speaker 1: like his kind of coming out party. I imagine he's

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Speaker 1: a PSG. They're paying heffitly. If and when it's time

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Speaker 1: for a new deal, I imagine it will be a

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Speaker 1: little bit bigger, and partially because of the success he's

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Speaker 1: had internationally as as a nineteen years old player and

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Speaker 1: lover bar. There's different ways guys go about beating, you know,

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Speaker 1: using skill set. He's got the requisite skill set to

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Speaker 1: do the dribble past the fake or whatever. But I

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Speaker 1: love multiple times during the game he just pushed it

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Speaker 1: past the guy in ran. He just knows that I'm

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Speaker 1: faster than you. It was, That's that's simple. I'm faster

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Speaker 1: than you. They looked for him in open space situations.

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Speaker 1: It's just put the ball in the open space and

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Speaker 1: he'll get it. You cannot defend that. Well, you got

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Speaker 1: to be proud of him. I mean it's like, give

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Speaker 1: it up for France. Here here, and where's my money? Yeah?

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Speaker 1: Does that mean where's my money? I gotta throw on

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Speaker 1: a bonus one bonus one to talk about material. You

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Speaker 1: didn't get into the plan. Material. Got to talk about

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Speaker 1: the MLB All Star Game tomorrow. Well, that's an the

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Speaker 1: homeworn Derby's in there. Well yeah, but all right, so

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Speaker 1: that is you know, but when I was going to

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Speaker 1: go off script and saying that there's a threat of

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Speaker 1: a strike by the metro workers. They never have the

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Speaker 1: Metro working late anyway. They always have to come up

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Speaker 1: with a sponsor. Yeah, like again, that's a that's an

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Speaker 1: uber event. Like if you're going to anything in d

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Speaker 1: C where it's after what is it ten eleven what?

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Speaker 1: I don't know the exact time, but they had this

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Speaker 1: for the capitals when they if the game goes late,

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Speaker 1: nobody can take the Metro and they always have to

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Speaker 1: find a sponsor for it. Yeah, Uber, you lift all

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Speaker 1: the rides shares, those are the big winners. Yeah, there

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Speaker 1: we go. That was even nobody Williams and Iiams. Yeah right,

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Speaker 1: that's it. I mean it's we go through this. Like

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Speaker 1: you said, we've seen this often and but you said,

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Speaker 1: this is an uber Yeah, and you know you know

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Speaker 1: this going in. You know this going in. If it

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Speaker 1: goes past a certain time, you don't have a ride

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Speaker 1: home on the Metro. You know this going As much

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Speaker 1: as we complain about the New York City Subway, it

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Speaker 1: does run. It does run. I mean you can get

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Speaker 1: on it and you can sit for an hour, but

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Speaker 1: at least it's giving it's giving you the opportunity. We

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Speaker 1: got to talk about a story that even you are behind.

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Speaker 1: We're talking about Draft Kings. They're preparing for New York

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Speaker 1: sports gambling with a casino deal. Yeah, we're moving closer.

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Speaker 1: DraftKings has a deal with a casino out in out

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Speaker 1: in the Finger Lakes region, very far from New York City.

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Speaker 1: But these deals, as they did in New Jersey, are

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Speaker 1: about getting a license. You know, these licenses rest with

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Speaker 1: breaking mortar casino locations. If Draft Kings or FanDuel or

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Speaker 1: whoever wants to offer a mobile or or online app

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Speaker 1: at some point, uh, they need to have a partner

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Speaker 1: with a brick and mortar location. So you sign a

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Speaker 1: deal with with with the Lago Resorts casino out in

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Speaker 1: out in Waterloo, New York. You operate their physical sports book.

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Speaker 1: But more importantly, when the laws allow it in New York,

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Speaker 1: which could be as early as this year, more likely

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Speaker 1: next year, uh, you are able to offer that statewide app.

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Speaker 1: And no surprise to you guys, New York is a

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Speaker 1: critical market. You know, it's the fourth biggest state in

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Speaker 1: the country population wise, but estimates on sports gambling interest,

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Speaker 1: it's the second biggest market outside of California. So this

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Speaker 1: is a big one. And and and DraftKings, FanDuel, all

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Speaker 1: these companies that are looking to dominate US wide in

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Speaker 1: sports gambling. Uh, they're all kind of focusing on New York.

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Speaker 1: You know what, bar I drove out the listeners. Many

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Speaker 1: of the listeners know about a new house out in

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Speaker 1: Jersey leaving the city at the moment of silence from me, Um,

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Speaker 1: you know, wife wanted it and wanted it just awful.

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Speaker 1: But I drove past the meadowlands on the way to

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Speaker 1: the house. It didn't even occur to me that Vanduel

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Speaker 1: has the new sports book there? Should I stop in?

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Speaker 1: It didn't even occur to me. Has it has occurred

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Speaker 1: to you? Is that something you want to do right well?

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Speaker 1: Keeping him up at night? Yeah, I've been. I've been

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Speaker 1: working here. It's like it's like I want to get

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Speaker 1: by there. But the key to this is what everyone

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Speaker 1: was saying there then dropping off a housewarming. Yeah, the

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Speaker 1: house cash does very well. By the way, never go

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Speaker 1: wrong with that statewide app is the key because now, yes,

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Speaker 1: that and that means like we're based in the show

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Speaker 1: here in New York. That means right now, if we

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Speaker 1: wanted to, we could hook up on the app and

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Speaker 1: do stuff. Yes, once it's legal here and if you

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Speaker 1: live over the border in Pennsylvania, it's as easy as

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Speaker 1: driving across the Delaware River. And once you get into

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Speaker 1: New York. So that we will just say that it

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Speaker 1: loosely termed device honestly terms. So now you come to

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Speaker 1: New York for your sports betting or New Jersey and

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Speaker 1: you still have value in what Evan like to turn

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Speaker 1: moonshine and fireworks fireworks, So there's still value in bar

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Speaker 1: I just want you to know that there is still

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Speaker 1: value in moving. This is a story that we were

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Speaker 1: talking about earlier. Uh, Mississippi State fans, when they attend

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Speaker 1: the Bulldog athletic events this fall, they will notice dramatically

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Speaker 1: reduce prices at concessions. This is a great idea, well everybody,

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Speaker 1: everybody there at least following the lead of Atlanta. And

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Speaker 1: you saw again this past weekend Atlanta, the soccer team

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Speaker 1: in Ella MLS, they had another record setting crowd. And

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Speaker 1: it's a part of it has to be and Evan,

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Speaker 1: if you disagree, and I know you don't mind speaking up,

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Speaker 1: A part of it has to be the pricing of

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Speaker 1: the food in the stadium, that people don't mind going

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Speaker 1: a little early and they'll hang out because the it's

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Speaker 1: just not going to bankrupt you. I agree, And this

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Speaker 1: seems like the biggest no brainer for somebody who either

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Speaker 1: owns a team or owns it owns a sports facility. Uh,

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Speaker 1: prices are insanely high. You have kids, the price to

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Speaker 1: bring two kids to a baseball game. Tickets are expensive.

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Speaker 1: But but the bigger deal is the is the seven

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Speaker 1: dollar hot dog? The five dollars? It's just says hot

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Speaker 1: dog buns. Why is it? Why is this broken out

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Speaker 1: hot dog buns? I assume that includes a hot dog

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Speaker 1: Mississippi dealing previous price hot dog buns five dollars. I

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Speaker 1: consider five dollars too much for a hot dog. Now

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Speaker 1: it's too I consider that reasonable. That's a central Even

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Speaker 1: in central Park they charge you what three, so it's

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Speaker 1: less right two bucks? Popcorn box was three? Now is

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Speaker 1: to let me go to a high item that's really

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Speaker 1: taking pizza little season looks like if you get an

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Speaker 1: ad nine dollars down to six pretzel five to two,

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Speaker 1: there's your big value right there, and and it stuffs

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Speaker 1: your kid for a while you want a pretzel shirt, kid,

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Speaker 1: here have a pretzel. You mentioned the big things, Scott,

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Speaker 1: and when you reduce this, people are going to games

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Speaker 1: in Atlanta earlier, you know. And I do this also

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Speaker 1: when I go to games in New York, I will

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Speaker 1: show up, maybe even a little late, because I'm eating

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Speaker 1: cheaper food somewhere else before I go. Um, the idea

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Speaker 1: of getting people into the stadium an hour and a

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Speaker 1: half to two hours early, where they're eating more food

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Speaker 1: because they're there for longer. There possibly more about they're

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Speaker 1: buying merchandise. Perhaps conversation we always have about something has

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Speaker 1: to be done with that in arena, in stadium experience,

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Speaker 1: for people to come out and nuts sit on their couches.

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Speaker 1: This is a part of that big puzzle. So Atlanta

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Speaker 1: starts at the Ravens followed pretty quickly after. It looks

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Speaker 1: like Mississippi State is kind of moving that way in

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Speaker 1: the college ranks. I imagine this is going to be

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Speaker 1: a a trend that is going to go far and

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Speaker 1: wide in the in the next couple of years. It

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Speaker 1: makes perfect sense because well, think about it. When you

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Speaker 1: have the Tailgators, I mean yes, they bring their own

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Speaker 1: food like you said, they're eating and drinking, and some

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Speaker 1: too much drinking before they go into the stadium, so

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Speaker 1: they're all full when they get in there. Because worth

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Speaker 1: noting par they don't have beer here, worth noting that,

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Speaker 1: but in the health conscious thing here. And Evan as

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Speaker 1: a triathlete, mentioned this before as we were walking over

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Speaker 1: the studio. A forty four ounce stadium cup soda seven

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Speaker 1: bucks down to four and Evan's response was, who drinks

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Speaker 1: of soda? Remember the big gulp? Yeah, the big yeah,

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Speaker 1: the big gulp. He used to come in cups that

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Speaker 1: were that size, and it was a cup that it

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Speaker 1: was when it was it had wax on it, but

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Speaker 1: then the cup would start to leak because would come through.

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Speaker 1: Evan left of me, don't I always double cup? I

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Speaker 1: always double cup, but I always double cup. Go ahead,

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Speaker 1: you bring your next complaint to you. Brought my son

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Speaker 1: to seven eleven the other day for slurpee. I just

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Speaker 1: was being nice after camp. I mean, I hate the sugar,

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Speaker 1: admit all that, but slurpy. So he was trying to

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Speaker 1: fill it up himself, and I as the stage I

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Speaker 1: had to teach him. You fill it up, then you

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Speaker 1: put the bubble cap on. Then you fill up the bubble.

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Speaker 1: Capo so happy was that radio's version of a product placement. No,

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Speaker 1: I'm just the fact that he had to learn how

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Speaker 1: to fill up the slurpy. He would have just gone

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Speaker 1: the cup and ignored the bubble. You need to teach

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Speaker 1: them you have to fill up the bubble. By the way,

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Speaker 1: going back to Mississippi for a second, thank you if

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Speaker 1: folks are there. For if folks that there have not

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Speaker 1: read it yet, highly recommend a sp Nation story that

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Speaker 1: ran last week about unsolicited advertisement for Respi Nation about

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Speaker 1: the n c AS investigation into n A violations at

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Speaker 1: Ole Miss in Mississippi State. The university rival university is

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Speaker 1: involved in it as well. It is a fascinating look

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Speaker 1: at how the n c A investigates violations of its

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Speaker 1: own recruiting and gifts for players rules and shows exactly

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Speaker 1: how misaligne the n c AS priorities are. Anyway, It's

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Speaker 1: called Crooked Letters written by a guy named Stephen Godfrey.

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Speaker 1: Highly recommended first college sports fans out there who want

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Speaker 1: to know kind of how these rules are enforced, adjudicated, etcetera.

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Speaker 1: And on that this is the Bloomberg Business of sports podcast.

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Speaker 1: I'm Michael bar along with Scott Sashnik and Evan Nobie Williams.

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Speaker 1: We're here each and every Monday and Friday exploring the

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Speaker 1: world of money in sports. Join us. That's not at

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Speaker 1: the end of it. What's a week we get when

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Speaker 1: we speak with some of the biggest and brightest in

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Speaker 1: the sports business industry. You're listening to Bloomberg Business of

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Speaker 1: Sports on Bloomberg Radio around the world and online as

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Speaker 1: an Apple podcast on iTunes,