4.5 • 705 Ratings
🗓️ 5 September 2019
⏱️ 12 minutes
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0:00.0 | Welcome to Axis ProRata, where we take just 10 minutes to get you smarter on the collision of tech, business, and politics. |
0:12.8 | Presented by Bridge Bank. Be bold. Venture wisely. I'm Dan Permack. On today's show, YouTube promises to play nicer with kids and a possible political battle over the Bahamas. |
0:22.7 | But first, |
0:23.0 | So the 2019 National Football League season kicks off tonight with the Green Bay Packers battling the Chicago Bears. |
0:32.8 | And for lots of Americans, that means it's time to begin wagering. |
0:36.9 | To be more specific, a new morning consult poll shows that 15% of Americans, that means it's time to begin wagering. To be more specific, a new morning |
0:38.7 | consult poll shows that 15% of American adults plan to bet on a game this upcoming season, |
0:44.7 | and that number rises to 24% of American adults who would bet on a game if only it were |
0:50.2 | legal and convenient to do so in their states. So quick caveat here, yes, the survey was done |
0:55.0 | on behalf of the American Gaming Association, but even if you cut the results in half, it is a massive |
1:00.4 | number and enabled by a May 2018 Supreme Court decision that said states could allow sports |
1:06.1 | betting if they wanted to. So far, 17 states have done so, a bit of a slower pace than some expected, |
1:12.4 | but still significant, particularly given the large populations in some places like New York and |
1:16.8 | Pennsylvania. So a lot of that betting will be done the old-fashioned way via in-person sports |
1:21.3 | books. But a lot of it will also be done via smartphones, as many of those 17 states now allow |
1:26.5 | mobile app-based betting, which is offered |
1:29.2 | by a number of gaming and tech companies, sometimes in partnership with one another, including |
1:33.0 | well-known fantasy sports betting sites, Draft Kings, and Fanduel. The bottom line, we don't yet know |
1:38.2 | who will win the Super Bowl, but we do know that the House doesn't plan to lose. In 15 seconds, |
1:42.9 | we'll go deeper with Draft King's CEO Jason |
1:44.9 | Robbins. But first, this. The Equity Fund Resources Group at Bridgebank is a central hub for |
1:50.6 | the venture capital and private equity communities. Offering banking services for funds, partners, |
... |
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