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Morning Brew Daily

Kalshi is Scaring DraftKings & How Do You Sell $102M of Louvre Loot?

Morning Brew Daily

Morning Brew

Business, News, Business News

4.43K Ratings

🗓️ 23 October 2025

⏱️ 31 minutes

🧾️ Download transcript

Summary

Episode 698: Neal and Toby dive into why prediction markets are making their way into the sports-betting industry. Then, Meta thinks doing less is more to stay in the AI arms race by…cutting AI staff? Also, The Louvre is back open after the daylight heist and is estimated to have lost $102 million. Meanwhile, Neal shares his favorite numbers on Harvard Ph.D’s, mosquitoes in Iceland, and python problems in Florida.  Learn more at disneycampaignmanager.com  Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY  Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Good morning for Daily's show. I'm Neil Primeman.

0:06.0

And I'm Toby Howell.

0:07.0

Today, so you stole $100 million worth of crown jewels from the Louvre. Now what?

0:12.0

Then the NHL is cozying up with prediction markets, much to the chagrin of traditional sports books.

0:18.0

It's Thursday, October 23rd. Let's Ride. I know everyone's busy with

0:26.6

work and brainstorming a Halloween costume, but it's worth a reminder that the government is still

0:31.5

shut down. And yesterday, the 22nd day into the funding lapse, this government shutdown became

0:36.6

the second longest in history,

0:38.5

surpassing the 1995-96 shutdown from the Clinton administration. The odds are growing. It could

0:43.9

become the longest ever, a record that stands at 35 days. President Trump is heading off to Asia

0:49.4

later this week. House Republicans are staying home in their districts, and no one seems

0:53.1

particularly eager to

0:54.5

restart talks over expiring health care subsidies, the sticking point between the two parties

0:58.8

that resulted in the shutdown. As GOP Senate Majority Leader John Thune said, we have negotiated. I

1:04.7

don't know what there is to negotiate, kind of like me when Toby requests a ridiculous fantasy

1:09.3

football trade. First of all, respond to my trade request.

1:12.7

Second of all, it's pretty wild.

1:13.8

Second longest in history.

1:15.3

And we haven't really talked about it because of how little progress is being made.

1:19.0

I mean, the Senate failed to pass the House bill for a 12th time yesterday.

1:23.3

Tomorrow, federal workers will miss their first full paycheck.

1:26.5

They've already missed partial paychecks, but tomorrow is the first full one for a lot of people,

...

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