E178 - Nigel Eccles - From Fanduel to Betdex
Business of Betting with Jason Trost
English - July 22, 2022 08:38 - 55 minutes - 104 MB - ★★★★★ - 48 ratingsSports Business investing betting business gambling sports sports betting Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode of the Business of betting Nigel Eccles joins the show. Nigel covers his early days at Flutter, his entrepreneurial journey with Fanduel, Betdex and entering the Crypto world. Finally, he gives his honest opinion on the industry.
01:29 His background: Starting at Flutter, taking over Betfair, Launching Betdaq
09:33 His entrepreuneur journey with Hubdub and Fanduel
12:30 Why Betfair is not the leader: Mistakes that prevented Betfair to be #1
15:13 Betfair Post Mortem: Missed on innovation, Marketing failure
21:10 FanDuel journey: The success, winning over casinos
24:57 Fantasy sports & sports betting: PASPA, his vision on the industry, being industry leader
32:36 Building an Exchange in the US: The sophistication of the market, Wire Act and liquidity
37:03 Betdex and Crypto: The purpose, the challenge of Ethereum, Solana, platform risk, the business model and liquidity
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