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00:00But first, let's get to the latest in the world of sports betting.
00:03And we'll start off with the company known as PrizePix.
00:06They are deciding to switch the way that they operate, DFS, to peer-to-peer play only.
00:12So no more Daily Fantasy over at PrizePix.
00:15They're hoping that they can stick around and stay in the United States.
00:18As of right now, that still remains to be seen and sort of unclear because the bottom line is there's a lot of states like California that are eliminating or trying to eliminate Daily Fantasy as well.
00:28So a move ahead of the game, so to speak, for PrizePix.
00:32We'll see if this keeps them in business.
00:34Meanwhile, the Dallas Cowboys are getting ready for their opening game.
00:37It's creeping up on us a week from Thursday.
00:39Still no Micah Parsons for the Cowboys.
00:42And it looks like, at the very least, this could go into the season.
00:46And by the way, even as Parsons was to sign in the next few days, according to their head coach Brian Schottenheimer,
00:52it may take him some time to get ready, putting his status for Game 1 in doubt.
00:57Yeah, Mike and I had a long conversation, probably talked for an hour about a lot of different things
01:03and addressed a number of different issues and things like that.
01:07And at this point, I'm going to keep that between he and I.
01:10But we had a very, very good conversation.
01:13Yeah, we're going to treat as a normal week.
01:15You know, we'll start.
01:15We have a bonus Monday on Friday.
01:17And, you know, then they get their day off.
01:19The league has a number of rules where they have to get certain days off, you know, Clarence.
01:22But, you know, at the end of the day, as soon as they get out there, it's great.
01:26But, again, there will be a ramp-up plan for him.
01:29And, you know, when he lines up out there to play, you know, do I think he would play 75 plays in every play?
01:36Probably not.
01:37You know, I don't think that that's real.
01:39But I do think that he can be very disruptive, like we all know.
01:44We'll see if that indeed is the case as the NFL season begins next week.
01:48Also, when the season begins for the Minnesota Vikings, a familiar face will be back.
01:52Adam Thielen, at wide receiver, of course, he left Minnesota, signed a contract with the Panthers.
01:57They're trading him back.
01:58It's a small trade.
01:59Thielen's been in the league for over a decade.
02:01Also, the number two starter in Cleveland has been announced.
02:04Now that Kenny Pickett has been sent out of town, Dylan Gabriel will be the backup.
02:08Shadour Sanders will make the Browns as the number three.
02:12Meanwhile, the New Orleans Saints, lowest win total on the board.
02:15Season win total in the NFL, four and a half going into the season.
02:18They named their starting quarterback.
02:20It may be an up-and-down year for the Saints, but Kellen Moore, the head coach, says Spencer Rattler is his guy.
02:26Spencer Rattler is our starting quarterback.
02:29Really, really excited for him.
02:30He's done an awesome job this offseason.
02:32So, he's just been consistent.
02:35He's made some really good decisions throughout this whole entire process.
02:38And, you know, his ability to make plays with his arm and his feet have certainly shown up.
02:42And so, I'm really, really excited about Spencer.
02:44He's earned this opportunity.
02:45He's going to do a tremendous job for us.
02:47At the same time, we're really, really fortunate.
02:49We've got Tyler.
02:50Love the development that he's had over the course of this entire offseason.
02:56You know, he's done a number of things for the first time in his career.
02:59You know, just navigating that.
03:00And I think that's an important aspect when you're a younger quarterback, to let the whole process play itself out.
03:05I thought he capped it off with just an excellent performance against Denver on the last preseason game.
03:09I thought he did a really, really good job.
03:10And so, I'm a big believer in just the importance of developing quarterbacks, developing them the right way.
03:15There's a process for both of these guys, give them the space to develop.
03:20And we think we've got two guys that are going to have great careers for us.
03:24Baltimore Ravens hoping for a longer career for Kyle Hamilton.
03:28He has signed a four-year, $100 million contract.
03:31He'll stay in Baltimore for the future.
03:33Meanwhile, the Miami Dolphins trying to sort out their running back room for Week 1 looks like, according to General Manager Chris Greer, who held a press conference this morning, that Devon A-Chain will be ready for the first week of the regular season.
03:46So, that's good news for them.
03:48The Lions also make a trade.
03:49Tim Patrick, wide receiver, goes to the Jaguars in exchange for a sixth-round pick.
03:55And also, one other NFL note, Jordan Poyer has returned to the Buffalo Bills on a one-year deal he finished up with Miami last season.
04:03Not the best news for the Texas Rangers as they try to push toward the postseason.
04:07They've lost their ace, Nathan Uvalde, for the remainder of the season.
04:11He had a great year, but it's coming to an end.
04:14He finishes with a 1.73 earned run average, having rotator cuff issues.
04:19Not the best, but hopefully healthy for him going into next season.
04:22The Dodgers beat the Reds, and they seem to be dialing it back.
04:26Could it be possible that in their playoff rotation, their, let's say, number two starter or even number three starter?
04:31Who would have thought Clayton Kershaw, his ERA down to 3.13 after another win yesterday?
04:37Six strikeouts and five innings pitched.
04:40It was a thought process that maybe Kershaw wouldn't even pitch this season, but he's having a great year.
04:44Did a really good job yesterday beating the Cincinnati Reds.
04:48And after the game, Kershaw said that it's been a number of things that has been working.
04:53Yeah, it wasn't a great night stuff-wise.
04:58I didn't have a lot of stuff, didn't have a lot of life on the fastball or really anything.
05:03So, you know, Will did a good job.
05:05We kind of flipped the script and just started kind of throwing a lot of different stuff, trying to be creative, keep him off balance.
05:11Because it wasn't coming out tonight so good.
05:14So, fortunate to make it through five.
05:16And it's obviously not as deep as you want to get.
05:19But thankfully, with Shea last night, our bullpen was fresh.
05:23And we have the off day on Thursday.
05:24So, it kind of worked out for us.
05:27And bullpen did a great job and got the win.
05:28Meanwhile, the Grand Slam from Ramon Laureano keeps the Padres on pace with the Dodgers.
05:377-6 the final there.
05:39It's been a tough season for Justin Verlander.
05:41He's pitched well, but struggling to get wins as the Giants offense has struggled to score runs.
05:46But yesterday, he had six sittings pitched, two earned runs, and five strikeouts.
05:50This is his first home win.
05:52Would you believe that as a Giant?
05:54Verlander says pitching in defense, getting it done.
05:56That was kind of a well-fought game.
05:59And, you know, the boys did a good job scoring against a really tough pitcher in Matt.
06:04Justin, your last game was the least clean games of the year for you guys.
06:09What was it like just watching not just this, but in Milwaukee, just, you know, clean our baseball?
06:14Yeah.
06:15Yeah, I mean, you know, I think that's, like, I haven't been here for that long.
06:19But kind of the Giant way is good pitching, good defense, you know, and timely hitting.
06:23So, you know, if that's your motto, you know, you got to play clean.
06:28That's, you know, do the little things the right way, and good things happen.
06:33So, you know, we've shown that we're capable.
06:36Just need to kind of continue to do that and, you know, start to expect that from each other.
06:42And, you know, the smart fans here, you know, they watch the game.
06:46And you guys watch the game and, you know, see what the difference is when we play smart baseball and do things the right way.
06:54Verlander has stated that he's interested in at least playing one more season in the big leagues.
06:59Meanwhile, the New York Mets needed that win against the Phillies last night.
07:02Six to five, the final.
07:04Brandon Nimmo with the walk-off to give them the win.
07:08Unsurprisingly, Nimmo, always positive, says the Mets should be better than they've shown.
07:12Yeah, I mean, this team knows what it's capable of.
07:14We've got a lot of veteran guys on here that know that, you know, as for me personally, this is the most talented team I've ever played on.
07:22So I know exactly what we're capable of, just going out there and executing it every night.
07:28And so for me, just keeping it small and, you know, not trying to look too far ahead, then, you know, we can do what we're capable of.
07:38But just trying to do that on a nightly basis and just find some way to win, you know, today was an unbelievable job of that.
07:49And, you know, we'll look to come up with a game plan tomorrow on how to do the same.
07:55Yankees and Red Sox keeping pace in the American League East.
07:58Yankees win 5-1, Red Sox win 5-0, and the Blue Jays lose to the Twins 7-5.
08:05Welcome back to Newswire here on Sports Grid.
08:07Let's bring in Sam McQuillen from Legal Sports Report.
08:09Sam's all pumped up for the exciting football games this weekend.
08:13NFL begins next week.
08:14And wouldn't you know that the National Football League actually makes a statement against something that has to do with the idea of sports betting.
08:25And I say the idea of because, again, these companies like Kalshi and Robinhood and Crypto.com, they don't want to be known as sports betting companies.
08:32They want to be known as prediction companies.
08:34But it's a very fine line between the two, and the National Football League says, no, no, no, no, no.
08:40You prediction companies are sports betting companies.
08:43You've got to pay your taxes.
08:44You've got to pay for all the info and the data.
08:47What gives, Sam?
08:48How is this all going to work out?
08:51Yeah, it is a very fine line right now, at least from a legal standpoint, between sports prediction markets and actual sports betting.
08:59They look very similar, but fundamentally, they want to be classified or treated differently.
09:04So they can follow different rules.
09:07And for prediction markets, that means being able to be in 50 states, not having any of these protections a lot of the sports books have.
09:13And the NFL came out this week and said, you know, kind of to clarify where things stand, is we're treating sports prediction markets right now like gambling, at least until the CFTC weighs in, until there's more of a clear kind of landscape.
09:25Because right now it's very unclear.
09:27It's very murky.
09:29If this is sports betting, if it's not, who regulates it?
09:31And there's obviously been a bunch of lawsuits.
09:33So the NFL said that the same rules that apply to sports betting for its players, you know, that don't allow a player to bet on the NFL, that don't allow a player to use a sports betting app or make a bet if you're at a team facility or if you're on the road performing duties for the team.
09:49Those same rules apply to sports prediction markets as well.
09:53The NFL, you know, maintaining that they believe that these markets have largely been unchecked.
09:59They're worried that they can just launch kind of whatever they want to with the self-certification process.
10:05Of course, you have companies like Koushi and Robin Hood are offering not just spreads on NFL games this year, but touchdown props as well.
10:13Next team props, season long futures, basically everything that you really see out of sports book.
10:18And this is the first year they're doing that. Remember, they started with the Super Bowl last year.
10:23And since then, it's been a really booming business from them.
10:25So we're only going to see more and more of that attention from the prediction markets this year.
10:31You're going to see a lot more commercials, a lot more advertisements.
10:34So the NFL wanting to come out and kind of clarify where things stand.
10:37Now, one question I had after the NFL made this announcement, the NFL was very adamant about they have these relationships with sports books where they share league data, where the sports books share things with them.
10:50It's one of the reasons that Calvin Ridley was identified, for example, when he was placing bets on FanDuel is because FanDuel has that relationship with the league.
10:57They work with integrity monitoring services. But right now, sports prediction markets don't really have any of those protections in place.
11:04So I'm wondering, you know, if a player is betting on the NFL with a sports prediction market, how is the league going to identify that?
11:12How is the league going to monitor that? How is a prediction market even responsible for reporting that?
11:18There's a lot of questions we have around this new kind of burgeoning business, which really is operating without a lot of guardrails.
11:25And the NFL, again, is one of those leagues, along with the MLB, along with the NBA, that have really advocated and asked the CFTC to put these guardrails in place and really identified why they're important.
11:36Some of these issues we're talking about. So we'll have to see if the CFTC ever weighs in.
11:40But for now, the NFL saying until they do, we're going to treat this as gambling just for our purposes.
11:45So things aren't complicated. Makes sense. All right.
11:48So let's get to something that does make a lot of sense, which is what DraftKings is doing.
11:53And honestly, who could complain with this? If you have a credit card and you're, let's just say, have an addiction to sports betting,
12:00you literally could run that card through in the past on all of these different sites and apps.
12:04Hey, let me just put $5,000 down. I lose it. Another $5,000. I lose it.
12:09And then you get yourself into financial trouble. It appears as though, Sam, DraftKings could be a trendsetter.
12:14They're telling you, hey, if you have the money, you can bet.
12:17But you can't use credit to make your bets on our site anymore. When did this come through?
12:24Yeah, that's a concern a lot of regulators and lawmakers have had.
12:28And something they've looked at is funding gambling losses with credit and kind of a crazy road it can lead you down.
12:34But DraftKings made the decision this Monday, actually, to stop accepting credit cards as a form of depositing.
12:42So you can't fund your sports betting account with credit. You can't fund your online casino account with credit.
12:47And this is something that other sports books have done as well, sports books like Better and Fanatics.
12:53And they've all kind of positioned it from the same standpoint of it being a consumer protection thing,
12:58where they want to help customers avoid high interest debt, cash advance fees,
13:04and generally just make smarter decisions when it comes to sports betting.
13:07I think this is as much a customer kind of consumer protection thing as it is an optics thing.
13:13A lot of states have on their own moved to ban credit cards.
13:16You have about seven states now that don't allow credit card funding for a sports book or iCasino,
13:23Illinois being the most recent one, which just passed their law.
13:26And this comes after, in July, DraftKings was fined $450,000 by the Massachusetts Gaming Commission for accepting over $83,000 in credit card deposits for sports betting,
13:39when despite the state explicitly having a ban on doing that.
13:43So DraftKings self-reported that incident.
13:45They cited internal miscommunications and have, of course, paid the fine.
13:48But I think now we're also seeing another fallout of that move is maybe it makes more sense to just not have customers able to do this to begin with.
13:57So nothing falls through the cracks.
13:58There's no internal miscommunications in states that do or don't allow it.
14:02And, you know, only a small percentage of funding in DraftKings' accounts actually comes from credit cards that came out and said.
14:11So this seems to be something where they're kind of reacting to something that happened and also trying to get ahead of potentially more states banning credit cards.
14:19Because, you know, after Illinois did it, I would imagine more states would be apt to do it as well.
14:23A lot of lawmakers sharing those concerns about chasing gambling losses.
14:27And, of course, the National Council on Gaming Legislatures also came out with legislation that states can copy and kind of implement these same bans in other states.
14:37So I think for DraftKings, it's kind of about getting ahead of this issue and just kind of cleaning up something that's easy to do.
14:43You'll have until the end of the month, if you're a DraftKings customer, to replace your stored credit card information with your, you know, your main form of depositing.
14:50But as of right now, you can no longer actually deposit with credit cards.
14:54So also coming right before football season.
14:56So I think the timing is telling right there.
15:00Finally, let's wrap up with a state that seems to be making some progress, although it always seems to be one step forward, two steps back.
15:07Sam, is the state of California, who seems to be pulling back from even daily fantasy and sweepstakes and any kind of betting, is there possible that they would legalize sports betting in the future?
15:19I think it's definitely possible.
15:20The more we talk about it, the more likely it is.
15:22You had this poll come out this week from Politico, which showed that 60% of voters in California said they're open to the idea of legalizing sports betting.
15:32That is way different than a couple years ago in 2022, when you actually had sports betting legalization on the ballot.
15:40Voters could have legalized it themselves right there.
15:42And it only got 16% of the vote, which was just a woeful turnout for the commercial sports books, which poured over $170 million into that ballot initiative.
15:52It was one of the most expensive ballot campaigns in U.S. history, and it lost because the tribes really opposed it.
15:58But I think you are seeing the appetite for sports betting growing in California, especially now that, like you mentioned, other forms are being cracked down on.
16:07Daily fantasy sports that looks like sports betting, sweepstakes sports betting, prediction market sports betting also faces its own set of legal challenges as well.
16:17But I think the appetite is only going to grow and grow even more.
16:20The roadblock so far has been tribes getting on the same page with the commercial sports books.
16:25They're reportedly still in talks about a deal that could bring sports betting to the ballot next year in 2026.
16:32But even then, if it was agreed upon, which is, you know, it's a long ways away, it would have to be passed by the voters and then it would have to be codified in legislation.
16:41So we're talking about years away.
16:43Meanwhile, companies like FanDuel have moved into the prediction market space.
16:47Prediction markets are growing unchecked in California.
16:49So maybe that's putting the tribe's feet to the fire there and saying, you know, we kind of have to do something sooner rather than later.
16:55We don't want to be cut out of it.
16:57But, yeah, definitely interesting that this poll came out.
16:59And so the majority of Californians are in favor of sports betting versus a couple of years ago when it was the complete opposite.
17:06Great stuff.
17:07As always, Sam, enjoy the football and we'll catch up soon.
17:09Thanks for coming on Newswire.
17:12You too.
17:12Thanks, Greg.
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