DraftKings Explores Prediction Markets with New Venture

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00:00Let's get started with our top story of the day.

00:02And this is kind of surprising, especially considering FanDuel, a couple of weeks ago,

00:07came out discussing the prediction market company called Calshi, basically saying that we can't

00:12control some of those prediction market companies if they end up being widespread.

00:18Well, how about this?

00:19Drafting CEO Jason Robbins says that the possibility of exploring prediction markets is there.

00:24It seems the company may be ready to take a firm step in the direction.

00:28Drafting's leadership filed an application with the NFA, which is the National Futures

00:33Association, for a new business to be known as, get this, Drafting's Predict.

00:39So of course, this has nothing really to do with sports, or at least somewhat to do with sports.

00:43It has to do with everything else.

00:45How much money a movie makes at the box office over the weekend?

00:48Who could be the next president of the United States?

00:51The prediction market's supremely popular, and the application date is July 30th, 2024,

00:58and they already got this done.

00:59So we will see if this ends up coming to fruition this year or next.

01:03Before we get to some basketball and give that to you for about 45 minutes here on the show,

01:07let's just give you the latest really quick on the football news here.

01:10Cooper Cup was released yesterday by the Rams.

01:13His agent says he's going to be fine, going to sign a one or two-year deal,

01:16$10 million, $11 million remains to be seen.

01:18But that's the going market, I guess, for Cooper Cup.

01:21Jets have released C.J. Mosley, former captain.

01:23That saves him $4 million.

01:25Evan Engram, tight end, is on the move.

01:27He's going from Jacksonville to Denver on a two-year deal.

01:30Mack Jones is the new backup to Brock Purdy.

01:32He signs a two-year, $7 million contract.

01:36Over in the NBA, we had a finals preview last night.

01:40Shea Gilgis-Alexander did his best Houdini yet again,

01:43as the Thunder end up taking out the Celtics.

01:46As right now, Oklahoma City is not only the favorite to win the West,

01:50but look like the most dominant team going right now in the NBA.

01:54Here's Shea Gilgis-Alexander after the game,

01:56talking about picking up the win in Boston.

01:59Yeah, to win on the road, regardless, you have to punch first,

02:04obviously, because the crowd and the atmosphere,

02:06and they're in their comfort zone.

02:09And then you have to be very disciplined.

02:13And those are the things we focused on,

02:17just punching first, trying to throw the first punch in the game,

02:19and then making sure that we followed the game plan

02:27and stuck to it for the full 48 minutes.

02:29And we did enough of it tonight.

02:30We had some lulls, but we were pretty good.

02:32That's obviously a really, really, really good offensive team.

02:35I think they're the best in the league offensively.

02:37And we held them, it felt like, decently tonight.

02:42If you stayed up until one o'clock in the morning last night,

02:45like our producer Frank, then you were rewarded.

02:48If you were a Knicks fan, they end up going on the road

02:50and beating the Portland Trail Blazers.

02:52Mikel Bridges had the winner there, as you see the final score, 114-113.

02:57Big win for New York at the buzzer.

02:59The head coach of the Trail Blazers, Chauncey Billups, however,

03:03after the game, basically said that, yes, they did lose the game,

03:06but did try to find a silver lining in the loss.

03:11So, obviously, pretty tough way to lose,

03:13but you're happy with how you guys played, I assume?

03:16Oh, of course.

03:17Of course.

03:17I mean, that's our whole thing is whether the team beats us or not,

03:23just make them earn every single thing they get.

03:25And we did that today.

03:28It sucked to lose that game.

03:30It sucked to lose that way.

03:33But, you know, youth, it just happens sometimes.

03:38You know, we have a vow to give at the end.

03:41You know, we're trying to take it, but we don't take it.

03:44You know, just youth, just youth, man.

03:48You know, it's part of the growing up process.

03:51What can I say, man?

03:53It's a little heartbreaking.

03:57We fought a very good team.

03:59It was a scrappy game.

04:00It was a physical game.

04:02And, you know, over time, we had to do so much.

04:05And then, you know, in a game-winning shot,

04:08to lose it is heartbreaking for sure.

04:11So the Knicks get a big win in Portland,

04:14and a big win for Oklahoma in the SEC tournament yesterday

04:18as they take out Georgia by a final of 81-75.

04:22They move on to take on the Kentucky Wildcats this afternoon.

04:26Also in the SEC tournament, Mississippi State crushes LSU 91-62.

04:33Josh Hubbard had 26 points.

04:36Mississippi State will take on Missouri tonight.

04:38Trey Johnson had 19 points.

04:40Texas holds off Vanderbilt.

04:42They rally to win 79-72.

04:45This is the first time, of course, Texas is playing in the SEC tournament.

04:48Also, coach John Calipari's Arkansas Razorbacks had a 20-point lead.

04:53They almost blew it, but they did hold off South Carolina

04:55by a final score of 72-68.

04:58Their next matchup is today against Mississippi.

05:02Calipari, after the game, talked about blowing the lead yesterday,

05:06but still winning with some words of wisdom.

05:10Every tournament we go in, we're doing it for one reason.

05:13We want to win games to build up our seed.

05:16Now, along the way, for a guy that does not care about conference tournaments,

05:22I'm guessing it's 15 or 16.

05:25So if you don't care, the kids don't care, no one cares.

05:29Then I'm a magician.

05:31So how about maybe you're taking the pressure off the kids?

05:35That this is just another thing for us to get better and improve ourselves.

05:42And then along the way, you know what?

05:45You're reaching for stars, you grab a moon,

05:47and all of a sudden you're standing there with the trophy.

05:50Reach for stars and grab a moon.

05:52Love it.

05:53All right, whatever that means.

05:54Over the Big Ten tournament, USC tops Rutgers,

05:56one of the most exciting games of the night, 97-89 in double overtime.

06:00USC was down four, they came back and won.

06:03Iowa beat Ohio State, 77-70, and they will take on Illinois today.

06:09Also, Nick Martinelli had 28 points.

06:11Northwestern beats Minnesota, 72-64.

06:15And after losing the game yesterday, Minnesota fired their head coach, Ben Johnson.

06:20They made that announcement officially today.

06:23All right, now let's go to the Big 12 tournament,

06:25where it was a battle that nobody saw coming yesterday.

06:28Central Florida took Kansas to the tilt in overtime.

06:31The Jayhawks prevailed.

06:32They win the game, 98-84.

06:35Here's Bill Self after the game, happy with the win,

06:38but could have been a little easier.

06:41You know, we're happy we won.

06:43We didn't play our best, but I think they had a lot to do with that.

06:47And when we had a chance to kind of break the game open,

06:50we didn't take advantage of it.

06:52But fortunately, Zeke and A.J. both made shots,

06:57and Hunt made three threes in the second half or whatever that were all huge.

07:01We needed every one of them,

07:02but that was not a very good defensive performance out there tonight.

07:08Also in the conference, Baylor takes out Kansas State, 70-56.

07:14And number 16 seed Colorado beats number eight seed West Virginia, 67-70.

07:21Iowa State beats Cincinnati, as expected.

07:23They were big favorites, 76-56.

07:26All right, now let's go over to the ACC tournament.

07:28Some blowouts here as well.

07:30SMU, close game at the half, but they end up taking out Syracuse by 20.

07:34Final score, 73-53.

07:36Also, Jalen Blake had 21 points.

07:38Stanford beats Cal.

07:39Both teams out West now playing in the ACC, 78-73.

07:44North Carolina, no issues with Notre Dame.

07:46That final was 76-56.

07:49And Duncan Powell had 21 points.

07:51Georgia Tech beats Virginia, 66-60.

07:56And the reward for that for Georgia Tech is taking on Duke today,

07:59the Blue Devils this afternoon are 22 and a half point favorites.

08:03Over in the Big East, Villanova takes care of Seton Hall, 67-55.

08:08Villanova will take on the Huskies tonight.

08:10DePaul upsets Georgetown, 71-67, as they take on Creighton.

08:16And Butler beats Providence, 75-69.

08:19And they'll match up with St. John's.

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