On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Michael “Mando” Anderson, Co-founder of Yeet and longtime crypto entrepreneur, for a wide-ranging conversation on crypto casinos, sportsbook innovation, prediction markets, regulation, and how AI is reshaping gambling, media, and business more broadly.

Hear them discuss:

01:00 – Mando’s background on Wall Street, his move into crypto, and the path that led him to gambling and media
02:30 – The founding of Yeet and why trust, transparency, and founder visibility matter in crypto gambling
05:00 – Competing in a space dominated by giants like Stake and why Yeet focuses on VIPs and community-first growth
08:00 – Launching a crypto sportsbook, regulatory realities, and why prediction markets are a different animal
11:00 – Regulation, enforcement uncertainty, and why the gambling landscape feels like a modern Wild West
14:00 – Prediction markets, insider advantage, and whether markets actually lead to “truth”
20:00 – NFTs, meme coins, and separating hype from real, lasting use cases
23:00 – Gamification, generational risk-taking, and the economic pressures driving betting behavior
26:00 – How AI is shrinking teams, replacing workflows, and changing how gambling businesses are built
29:00 – Why human connection, trust, and brand still matter in an AI-driven future
31:00 – Final thoughts on innovation, adaptability, and what’s coming next for betting and crypto

⚡️ Follow BoB on Twitter/X

⚡️ Watch BoB on Youtube

⚡️ Apply to be a guest here

E278 - Michael "Mando" Anderson from Yeet