The power broker: Ex-Barstool and FanDuel dealmaker David VanEgmond on his blockbuster deals
VanEgmond discusses the details behind his market leading deals and predicts potential upcoming media partnerships and the key players in US betting
EGR NAEGR North America (EGR NA): How did you start out in the betting industry? David VanEgmond (DV):EGR NA: What was FanDuel’s approach to real-money sports betting initially? DV:EGR NA: Were there any other international or European operators considered?DV:EGR NA: What do you think about Flutter’s latest move to acquire The Stars Group and its impact in the US as it moves to operate a dual-brand approach with FanDuel and Fox Bet?DV:EGR NA: When and why did you make the move to Barstool Sports last year? DV:EGR NA: What do you say to those that thought Barstool’s valuation was too high? DV:EGR NA: Before Penn National, did you consider any of the online-only brands as a potential partner?DV:EGR NA: Did Penn National always intend on finding a media partner with a brand to adopt?DV:EGR NA: How involved is Barstool in the development of the sportsbook product?DV:EGR NA: Do you think the current Covid-19 situation will cause any setbacks in marketing and launching the product in Q3 2020?DV:EGR NA: What are your expectations for wider industry media deals?DV:Bleacher ReportEGR NA: Who has the leverage in these industry media deals?DV:EGR NA: What is your new venture, Bettor Capital?DV:EGR NA: Is Betsperts looking to sell or find an operator to partner with?DV:EGR NA: What are you really looking for in investments and firms to partner with?DV:EGR NA: How deeply integrated can sports leagues be in the industry?DV:EGR NA: For those seeking to enter the sector, what sort of expectations do firms have in terms of deals and returns?DV: