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00:00All right, also a big month, as always, for FanDuel.
00:06I saw yesterday that they are dominating the market share in a lot of different places
00:10across the country.
00:12And with that comes responsibility and putting out an interesting statement or basically
00:16a, like a PowerPoint almost, it looked like, about them, I mean, honestly, about them focusing
00:21on all of the right things, meaning figuring out how much people are wagering on, maybe
00:27potentially max bets, responsible gaming, you know, so certainly for people who are
00:32out there, they can read more about this over at Legal Sports Report, but tell us more about
00:35their goals.
00:36Yeah, so I'm going to leave most of this recap of the Flutter Investment Day, which was yesterday
00:42to Sam McQuillan, who will be on with you again early next week.
00:45He was there, he was covering it.
00:47I heard he got a cool backpack out of it, so good for Sam.
00:52But yeah, they, of course, are pretty much the undisputed market leader at this point.
00:56I mean, you know, a lot of people are saying it's, and it is really one-two with them and
01:00DraftKings, but FanDuel has the leg up in most states, most markets.
01:05And so they're here setting the precedent and setting the goals and everything, and
01:09they really want to be a leader in every category they can be.
01:13And of note, which, you know, really falls into my area of the legislative regulatory
01:18area, is they really signified that Texas, Florida, and California are going to be huge,
01:25you know, points of interest in the coming years, and they need to figure out how to
01:29readjust their approach to legalize those states for themselves and the other sports
01:35books in the state.
01:36I mean, Florida, you have Hard Rock, but, you know, they'd like to be there as well,
01:39as you can imagine.
01:40I mean, those three states make up a huge portion of the U.S. population, and, you know,
01:47if they can get in there, they're saying, you know, the U.S. market could be a $63 million
01:53by 2027, and that's, you know, counting two of three of those states.
01:59And then I think 20% or 80% of the population having sports betting, and then another 20
02:04or 25% having iGaming.
02:06So, you know, they're setting pretty ambitious goals, but those are the projections they
02:10are putting out there, and we'll see kind of where it goes from here.
02:15You know, those three states have been trouble so far, Texas, you know, we've got people
02:20in Nebraska saying, or Oklahoma saying it could be this next year, but again, who knows?
02:25There's lots of issues in California to overcome, and then, of course, lots of issues in Florida
02:29overcome to have an open market there.
02:31So, you know, a lot of interesting things out of there, and again, I'll let Sam McQuillan
02:34kind of fill in those holes next week.
02:37He was there listening intently and talking to people and seeing what everybody's thinking
02:41about Flutter and FanDuel, and it should be an interesting conversation you get to have
02:47with Sam next week.