Welcome back to the latest edition of the E+M podcast after our summer break. This week, Scott and Jake compare their summer reading lists, take a look at Flutter and what it said about FanDuel profitability, discuss the number of times the word macro came up in the recent earnings calls and finally have a stab at trying to understand the situation with regard to gambling in the UK.

Long hot summer.

Further reading

FanDuel, Flutter and the profitability question

See how Earnings+More reported the news from Flutter that FanDuel had reached profitability in Q2.

Also, what DraftKings, Caesars, MGM Resorts had to say on the subject.

Meanwhile, in his latest newsletter, Alun Bowden discusses FanDuel’s same-game parlay advantage.

“FanDuel’s SGP business is probably larger than any other operators entire online sports betting business. That the rest of the industry allowed them such a massive head start on this, despite incredibly clear and overwhelming evidence from Europe that this product would be critical to success is honestly astonishing. To allow the market leader a year’s lead time on this is frankly absurd.”

Watch the podcast in the video above or listen via Spotify.

E+M: Return of pod! #14 By scott4v Podcast episode

US gaming and macro resilience

The extent to which Las Vegas continues to boom despite the economic headwinds was spoken about by MGM Resorts and their Q2 earnings call. Meanwhile, regional operator Boyd Gaming remained upbeat on their call at the end fo July.

** SPONSOR’S MESSAGE: BettingJobs is the global leading recruitment solutions provider to the iGaming, Sports Betting and Lotteries sectors. Boasting a 19-year track record supporting the iGaming industry, and with a team of experts and world-class knowledge, it’s no surprise BettingJobs is experiencing rapid growth with outstanding results. 

Does your company have plans to expand teams to cope with strong growth and demand? Contact BettingJobs.com today where their dedicated team members will help you find exactly what you are looking for.

The UK, the White Paper and regulatory fines

Back in July, the newsletter broke the news of the White Paper leak including details on what the government is thinking on affordability and other regulatory moves. Entain’s mishaps with the Commission were covered here.

Health warning: Dan Waugh at Regulus Partners warns in the Racing Post that the public health lobby’s prohibitionist charter is a warning sign for the sector.

BREAKING: Spreadex gets to add its name to the list of companies fined by the UK Gambling Commission after the an investigation revealed social responsibility and anti-money laundering failures.

What we’re writing

Wire acts: Jake writes that online sportsbooks will have to use all their skills to balance out the goals of US market share, profitability and product development. For CDC Reports.

‘The popularity of FanDuel parlay product is no accident’ Scott looks at what the operators are saying about parlays as the NFL season hoves into view. For BettingUSA.com.

E+M on tour - we’re attending…

Sep 19-20: Gaming in Germany.

Sep 20-22: SBC Summit. Scott will be moderating the panel ‘Regulators' View: liberalisation era is over’ on Wednesday 21.

Sep 27-29: iGaming NEXT. Scott will be moderating the session ‘The Affiliate debate: Do streamers have too much control?’ on Wednesday 28.

Oct 10-13: Global Gaming Expo.

What we’re reading

The name of the game: Is the PartyPoker US network due a name change?

TMRW’s world: Tiger Woods and Rory McIlroy are building a better future for the next generation fo sport fans.

On social

Buitengebieden @buitengebieden

Penguins chasing a butterfly.. 😊

August 24th 2022

18,976 Retweets112,975 Likes

Calendar

• Aug 24: Sky City

• Aug 25: Rivalry

Contact us

• Scott Longley scott@clearconcisemedia.com

• Jake Pollard jake@openmediaservices.com