
Business of Betting Podcast E285 - Jordan Bender from Citizens
Apr 2, 2026
34:28
On this episode of the Business of Betting Podcast, Jeff Edelstein is joined by Jordan Bender, Senior Equity Research Analyst at Citizens, for a deep dive into the rapidly evolving sports betting and prediction markets landscape.
Hear them discuss:
- How the repeal of PASPA created a fast-moving, unpredictable market where long-term forecasting has become increasingly difficult
- Why prediction market users may lose more on average and how sharper bettors are shifting into these platforms
- Why analysts and investors are now focused on quarterly performance instead of long-term fundamentals.
- How prediction markets are attracting a younger audience compared to traditional sportsbook users
- Why legalization has been slower than expected and what needs to happen for major states like New York to move forward
- Why companies like DraftKings and Flutter may be undervalued despite current headwinds
- How emerging betting formats could face increased scrutiny from regulators
- Whether prediction markets will ultimately be treated as gambling or as a legitimate financial asset class
⚡️ Follow BoB on Twitter/X
⚡️ Watch BoB on Youtube
⚡️ Apply to be a guest here
