E219 - Roundtable discussion on DraftKings new surcharge

On this episode of the Business of Betting Podcast, Jason is joined by Dustin Gouker, Founder of Closing Line Consulting, and Joe Brennan Jr., Executive Chairman from Prime Sports. Hear them discuss: 01:35 - DraftKings' new winning surcharge announcement 02:45 - The states affected by the surcharge 03:20 - The stock market's reaction to the announcement 04:05 - Comparison of U.S. and international tax rates 06:30 - The potential impact on DraftKings' profitability 07:55 - The price sensitivity of American bettors 09:00 - Historical context of high tax rates in the industry 10:15 - Implications for competitors like FanDuel and Smarkets 12:50 - The adjusted EBITDA and financial metrics analysis 16:00 - Potential impact on VIP customers and betting volume 18:20 - Product comparison between sportsbooks and exchanges 20:00 - Broader implications for the sports betting industry 22:00 - Predictions on if DraftKings will implement the surcharge ⚡️ Follow BoB on Twitter/X ⚡️ Follow Jason on Twitter/X ⚡️ Apply to be a guest here --- This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry. Hosted on Acast. See acast.com/privacy for more information.

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