• 8 months ago
Transcript
00:00We go over the top story of the day, which does appear that Shohei Otani was very much
00:08a victim in this sports betting situation with his interpreter, Ipe Matsuhara.
00:14And you know, Matt, in the end, you know, it does, you know, certainly look like Matsuhara
00:19was just a really bad sports bettor, someone who was clearly, if all this is true, addicted
00:26to sports betting, wasn't getting any help from the bookmaker in this case, because he
00:30kept asking for increases.
00:32They kept giving it to him.
00:33And in the end, you know, hundreds of millions of dollars is going back and forth here, at
00:37least in credit.
00:39And Otani is apparently the victim of all of this without any knowledge whatsoever that
00:44the money is leaving his account.
00:46It's sort of a crazy story.
00:48But if the district attorney is saying this, what else is there to say?
00:51Right, right.
00:53Yeah, look, the story is wild.
00:55Like you said, to consider that Shohei never inquired once over those years about just
01:02how his money is looking.
01:03But outside of that, I can tell you that sports books, the sports betting industry as a whole,
01:10and the MLB are thrilled that it is looking like Shohei Otani had nothing to do with this.
01:17Look, legal sports betting didn't need another ugly knock when talking about sports betting
01:23in general.
01:24We still have the ugly story, obviously, about what's going on with eBay, but legalized
01:31betting necessarily wouldn't have stopped that, right?
01:34There's always going to be an illegal bookmaker floating out there somewhere ready to take
01:38money that the legal books just aren't going to take.
01:41eBay really would have had a hard time moving any kind of significant money without having
01:47to prove where those funds were coming from had he been betting with a legal book.
01:52So it's not like he would have been betting with anybody legally operating in California
01:58anyway.
01:59So when I hear people using this as an argument for legal betting, it's a bit of a red herring.
02:06But I can tell you that definitely everybody involved with sports betting this morning
02:14is feeling better that it doesn't look like Shohei was directly involved in this.
02:21Maybe this will lead to a bigger push from more of the industry to really try to crack
02:28down on some of the bigger offshore guys.
02:31But at the end of the day, I mean, that's so hard for any jurisdiction in the U.S. to
02:36actually pull off that I don't know that we can expect that.
02:39So yeah, look, as was said earlier on the show, there's still going to be a lot of twists
02:45and turns with this story, but as long as it stays the way that it is now where it looks
02:51like Shohei was the victim and not complicit in some kind of gambling scheme, then everybody
02:57on the gambling side should be pretty happy.

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