On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Jordan Bender, Senior Equity Research Analyst at Citizens, for a deep dive into the rapidly evolving sports betting and prediction markets landscape. Hear them discuss: How the repeal of PASPA created a fast-moving, unpredictable market where long-term forecasting has become increasingly difficult Why prediction market users may lose more on average and how sharper bettors are shifting into these platforms Why analysts and investors are now focused on quarterly performance instead of long-term fundamentals. How prediction markets are attracting a younger audience compared to traditional sportsbook users Why legalization has been slower than expected and what needs to happen for major states like New York to move forward Why companies like DraftKings and Flutter may be undervalued despite current headwinds How emerging betting formats could face increased scrutiny from regulators Whether prediction markets will ultimately be treated as gambling or as a legitimate financial asset class ⚡️ Follow BoB on Twitter/X ⚡️ Watch BoB on Youtube ⚡️ Apply to be a guest here

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

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