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Episode 15. Draft Kings Entering the U.S. Stock Market - Morgan Stanley Perspective

Vixio GamblingCompliance Podcast

Release Date: 06/01/2020

Episode 87. Taxing Times For U.S. Sports Betting Market show art Episode 87. Taxing Times For U.S. Sports Betting Market

Vixio GamblingCompliance Podcast

In this episode, KPMG's U.S. Gaming Tax Lead Bob Stoddard joins Vixio chief analyst James Kilsby to discuss emerging tax policy trends in the U.S. sports betting market, including moves by certain states to reassess their initial rates in order to generate additional tax revenue.

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Episode 86. What's Next for Gambling Across the UAE? show art Episode 86. What's Next for Gambling Across the UAE?

Vixio GamblingCompliance Podcast

Late last year, the attention of the world gambling industry was surprisingly directed towards the Middle East. In September, the United Arab Emirates (UAE) established a gambling regulator and strongly suggested allowing integrated resort gambling in some of its emirates, drawing sudden interest in the region. This episode features expert opinion from Vixio's contributing editor for Asia, Martin Williams, who has spent the past few months diving deep into the truth behind the UAE's shift in approach to gambling. Key questions answered in this podcast include: What is happening with this new...

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Episode 85. What to expect in 2024, Part Two: North and South America show art Episode 85. What to expect in 2024, Part Two: North and South America

Vixio GamblingCompliance Podcast

To kick off 2024 and the new series, Vixio analysts and subject matter experts will discuss the significant issues ahead in a rapid-fire look across the world's major markets.  In the second of a two-parter podcast, North American based host James Kilsby will speak to Vixio journalist and regional expert Talia Samuelson on the key developments across the South American gambling markets before a roundup of what to expect in the US and Canada with reporter and podcast regular Matt Carey.

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Episode 84. What to expect in 2024, Part One : Europe, Africa and Asia show art Episode 84. What to expect in 2024, Part One : Europe, Africa and Asia

Vixio GamblingCompliance Podcast

To kick off 2024 and the new series, Vixio analysts and subject matter experts will discuss the significant issues ahead in a rapid-fire look across the world's major markets.  In the first of a two-parter podcast, host Joe Ewens will speak to Vixio Associate Editor Harrison Sayers on the key developments in the European and African gambling markets before a roundup of what to expect in Asia and Australia with podcast regular Martin Williams.

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Episode 83. The Future of Gambling in Brazil show art Episode 83. The Future of Gambling in Brazil

Vixio GamblingCompliance Podcast

It’s been years in the making, but the long-awaited and much anticipated legislation for legalised online sports betting and gambling means Brazil is on the cusp of becoming the most critical new regulated market for the global online gambling sector in 2024. On December 13th, 2023 Vixio's Chief Analyst and VP of Americas, James Kilsby spoke to a panel of experts to address the key provisions, compliance challenges, and next steps for Brazil.

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Bonus Episode. Payments: A Year in Review show art Bonus Episode. Payments: A Year in Review

Vixio GamblingCompliance Podcast

In this bonus episode, Vixio PaymentsCompliance experts look back at regulation across payments in 2023 and predict what to expect in 2024.  Vixio Senior payments Journalist Jimmie Franklin and Senior Business Development Manager Luke Baker reflect on this year through a global lens, covering key jurisdictions: the UK, Europe, the US, Australia, and Brazil. They’ll also highlight some of the critical events that helped change the shape of the payments compliance landscape. 

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Episode 82. Mexico's Gambling Ban Under the Spotlight show art Episode 82. Mexico's Gambling Ban Under the Spotlight

Vixio GamblingCompliance Podcast

Mexico perhaps doesn't get the attention it deserves in the world of gambling, certainly in part because the nation's gaming regulations are complex and, in some ways, archaic. However, recent dramatic developments have drawn a lot of focus and attention to the region.  In this episode, Vixio Chief Analyst James Kilsby is joined by Latin America reporter Talia Samuelson to discuss a recent presidential decree that would seemingly outlaw almost the entire gambling industry in Mexico.

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Episode 81. What is the Future of Online Gambling in Sweden show art Episode 81. What is the Future of Online Gambling in Sweden

Vixio GamblingCompliance Podcast

In this episode, we focus on the Swedish gambling market as we interview Gustaf Hofstede, the secretary general of BOS, the Swedish trade association for online gambling. Gustaf discusses plans to hike taxes in Sweden, how supplier licensing has worked so far and where the Nordic neighbour Finland looks to Sweden as an example as it moves to open its online gambling market.

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Episode 80. How Can Gambling Businesses Manage Cyber Security? show art Episode 80. How Can Gambling Businesses Manage Cyber Security?

Vixio GamblingCompliance Podcast

The takeaway from the recent cyberattacks against MGM Resorts International and Caesars Entertainment is that no internal control systems are one hundred per cent secure. Andrew Ginter serves as Waterfall Security Solutions vice president of industrial security. In his role with the Israeli-based company, he evangelises a technology approach to cyber security for industrial control networks and critical network infrastructure. Ginter recently joined with U.S. editor Chris Sieroty to discuss the fallout from the attacks on MGM and Caesars and how companies can better secure their critical...

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Episode 79. Can Open Banking Solve the Financial Checks Conundrum? show art Episode 79. Can Open Banking Solve the Financial Checks Conundrum?

Vixio GamblingCompliance Podcast

Financial risk checks or affordability sit at the top of the regulatory agenda in the UK and for a watching world. The country is considering how to implement a new requirement for operators to assess the spending power of their customers.  In this episode, Vixio's associate Editor, Harrison Sayers, interviews Tom Farrell, the CMO of open banking provider ClearStake. They spoke about the challenges posed by the existing regime of financial risk checks and the role open banking will play in the supposedly frictionless future.

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Main Episode, Draft Kings Entering the U.S. Stock Market - Morgan Stanley Perspective

Daily fantasy sports contest and sports betting provider DraftKing's explosive entry onto the US stock market scene has drawn attention from far and wide across the gambling industry and wider mainstream media.

On this episode, VIXIO GamblingCompliance Reporter and podcast regular Matt Carey is joined by Thomas Allen, Morgan Stanley's Lodging and Leisure analyst as he shares his view on the sustainability of the sports betting operator's meteoric rise.

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Analyst Certification
The following analysts hereby certify that their views about the companies and their securities discussed in this report are accurately expressed and that they have not received and will not receive direct or indirect compensation in exchange for expressing specific recommendations or views in this report: Thomas Allen.

Unless otherwise stated, the individuals listed on the cover page of this report are research analysts.

Important Regulatory Disclosures on Subject Companies

In the next 3 months, Morgan Stanley expects to receive or intends to seek compensation for investment banking services from DraftKings Inc.

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The equity research analysts or strategists principally responsible for the preparation of Morgan Stanley Research have received compensation based upon various factors, including quality of research, investor client feedback, stock picking, competitive factors, firm revenues and overall investment banking revenues. Equity Research analysts' or strategists' compensation is not linked to investment banking or capital markets transactions performed by Morgan Stanley or the profitability or revenues of particular trading desks.

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