E241 - Alex Kane from Sporttrade

Business of Betting with Jason Trost

On this episode of the Business of Betting podcast, Jason is joined by Alex Kane, CEO and founder of Sportrade.

Hear them discuss:

03:13 - Alex’s balanced take on Trump’s policies, including the Department of Government Efficiency

07:43 - The evolving world of betting exchanges

08:33 - Alex on the potential of a CFTC-regulated betting exchange ecosystem

10:53 - Comparing the U.S. stock market’s competitive venues to betting exchanges

12:15 - Whether Sportrade is pursuing a DCM/DCO application

14:33 - How sports betting could mirror the stock market’s infrastructure (ECNs, ATSs, etc.)

17:54 - Alex envisions two forms of sports betting: exchange-listed and state-regulated

20:37 - Jason’s skepticism about the CFTC sanctioning sports contracts

22:41 - Alex argues states have failed to regulate prediction markets fairly

25:11 - The philosophical difference between gaming and prediction markets

27:38 - Jason on the political realities blocking fair regulation

29:19 - Could sports betting fit under the SEC instead of the CFTC?

31:01 - Alex on the Trump administration’s potential influence on federal regulation

32:15 - Wrapping up with optimism for the future of prediction markets

⚡️ Follow BoB on Twitter/X

⚡️ Watch BoB on Youtube

⚡️ Follow Jason on Twitter/X

⚡️ Apply to be a guest here

---

This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

---

Hosted on Acast. See acast.com/privacy for more information.