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SportsTranscript
00:00All right, well, you know, for those people who are unfamiliar with the way that retail
00:07sports betting works, basically, you have to be there in person.
00:12And I know a lot of people, Matt, would ask the question.
00:14It's probably a rudimentary question, but maybe people are watching us for the first
00:18time.
00:19They're unfamiliar with how it works.
00:20Essentially, what they do, these companies, they geo tag you, meaning that you have to
00:24be in the vicinity of where you can bet on sports.
00:28Otherwise, your phone notices that you're not there, and then you can't.
00:32And there's a new state here that is opening up a new geo-comply system.
00:37Which one is it, and how will it operate?
00:39Yeah, you're right, Craig.
00:41In a nutshell, that's how it works.
00:42There are a couple of places where, I always use Mississippi as an example.
00:47Mississippi does not allow online sports betting throughout the state.
00:52But if you happen to be on the casino premises, and the Casino Sportsbook offers an app where
00:58you can bet, then you can bet anywhere on your app from within that casino premises.
01:04It expands a little bit when we start to talk about Indian gaming, and the Choctaw Nation
01:09of Oklahoma is getting ready to launch Class 2 on-premises mobile gaming.
01:15Now, that can sound a little bit confusing.
01:18Class 2 gaming is basically slot machines and table games that don't include balls and
01:24dice, essentially, Craig.
01:26When you start to talk about Class 3 gaming, that's when you get to the Vegas-style gaming.
01:31And the Choctaw said that they're going to launch Class 2 mobile gaming, and they are
01:36going to, you know, have it geo-locked to their, both casino and their tribal lands.
01:43Now, look, Craig, I think this can maybe be seen more as a beta launch to see how things
01:49are going to work.
01:50Because if you remember, in April, the Choctaw Nation signed a sports betting deal with Canby,
01:55one of the big sports betting tech providers out there, and it was for an exclusive nationwide
02:01sports betting partnership.
02:03Obviously, that's been on ice a little bit for about half a year now, but certainly things
02:10are going on behind the scenes.
02:11I think we can look to this Class 2 mobile launch for the Choctaw as the wheel's starting
02:18to move a little bit.
02:20We don't know if they're going to try to offer online gaming in other states that have
02:25it legalized.
02:27Right now, we just know that it's going to be for sports betting.
02:30And so, you know, they're probably doing a lot of guessing and checking to get this live.
02:34They want to check different systems and everything.
02:36But really positive sign here, I think, for this Choctaw partnership moving forward.