Matt Carey (@mattcareygc) 's Twitter Profile
Matt Carey

@mattcareygc

US Reporter for @GamblingComp. Any opinions shared are very much my own.

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linkhttp://gamblingcompliance.com calendar_today11-01-2019 19:29:05

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Matt Carey (@mattcareygc) 's Twitter Profile Photo

Covering prediction markets this year has felt like the deepest of deep cuts, trying to explain it to people out in nature has felt like speaking an entirely different language, so the South Park episode is like the most jarring collision of my interests in recent memory.

Matt Carey (@mattcareygc) 's Twitter Profile Photo

I've seen the line from Tarek in a few different settings about how they didn't expect to grow this fast and I think that's part of the problem -- they're growing way too fast. It reminds me of early post-PASPA days where there just weren't enough people with experience to hire.

Matt Carey (@mattcareygc) 's Twitter Profile Photo

I understand why everyone is jumping into the prediction markets pool, but I lived through the great sports betting gold rush of 2018-2019 and I've got to say, a lack of market access was not the thing stopping a lot of the companies who dove in head first from being a success.

Matt Carey (@mattcareygc) 's Twitter Profile Photo

IMO, withdrawing from NV is preemptive to get away from the gaming regulator who had the least to lose by taking a meaningful action against DK and FD for prediction markets. Nevada can pull licenses without impact to the state's bottom line. Everyone else has to think twice.

Matt Carey (@mattcareygc) 's Twitter Profile Photo

one thing I've really missed in recent years post-sports betting boom is pure legislative shock value and let me tell you, Mills letting this pass is up there

Matt Carey (@mattcareygc) 's Twitter Profile Photo

i'd like to see this keep escalating to where FanDuel and DraftKings are opening industrial size farms entirely to generate food for their nationwide chain of free grocery stores and the whole prediction market world comes full circle with everyone actually hedging grain futures

Matt Carey (@mattcareygc) 's Twitter Profile Photo

This is starting to look a lot like sports betting 2018-19, NHL jumping out first, NBA and MLB wading their way in soon thereafter, and NFL staying back because they don't need to be first movers on anything