On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Michael “Mando” Anderson, Co-founder of Yeet and longtime crypto entrepreneur, for a wide-ranging conversation on crypto casinos, sportsbook innovation, prediction markets, regulation, and how AI is reshaping gambling, media, and business more broadly. Hear them discuss: 01:00 – Mando’s background on Wall Street, his move into crypto, and the path that led him to gambling and media 02:30 – The founding of Yeet and why trust, transparency, and founder visibility matter in crypto gambling 05:00 – Competing in a space dominated by giants like Stake and why Yeet focuses on VIPs and community-first growth 08:00 – Launching a crypto sportsbook, regulatory realities, and why prediction markets are a different animal 11:00 – Regulation, enforcement uncertainty, and why the gambling landscape feels like a modern Wild West 14:00 – Prediction markets, insider advantage, and whether markets actually lead to “truth” 20:00 – NFTs, meme coins, and separating hype from real, lasting use cases 23:00 – Gamification, generational risk-taking, and the economic pressures driving betting behavior 26:00 – How AI is shrinking teams, replacing workflows, and changing how gambling businesses are built 29:00 – Why human connection, trust, and brand still matter in an AI-driven future 31:00 – Final thoughts on innovation, adaptability, and what’s coming next for betting and crypto ⚡️ Follow BoB on Twitter/X ⚡️ Watch BoB on Youtube ⚡️ Apply to be a guest here

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related