Anthony Busacca

2.5K posts

Anthony Busacca

Anthony Busacca

@abusacca

Boose. Current CFO of Sporttrade. Former Global Financial Controller of JPMC. Bad avid golfer. #alwaysbegolfing #ABG

Delaware Katılım Şubat 2009
1.5K Takip Edilen633 Takipçiler
Shooter McGavin
Shooter McGavin@ShooterMcGavin·
All-time recovery shot
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gambling911
gambling911@gambling911·
Sporttrade announces it is shutting down by May 25 in NJ and June 25 everywhere else. Click here to read more.
gambling911 tweet media
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👑Beno10
👑Beno10@Beno10_MFC·
High level of creativity is needed here. Boost your creativity Can you make a number larger than 902 by moving only 2 sticks?
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Jenny
Jenny@Jennnyyyyyy·
What is the weight of Lion? 🤔 Difficulty - Pro 🤠
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Anthony Busacca
Anthony Busacca@abusacca·
@kirstenagreen @fawzitani @Novig Curious what the “deposits” were…That’s a LOT of sales tax as every dollar put into the platform is a purchase of a sweepstakes coin and is subject to sales tax. Even more interesting is every gross dollar “redeemed” is taxable income to the user.
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Kirsten Green
Kirsten Green@kirstenagreen·
Novig crossed 4 billion in cumulative volume...only 20 months in. Just getting warmed up. Well done @fawzitani, who led the A for Forerunner, and all of team @Novig ⚡️
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Anthony Busacca
Anthony Busacca@abusacca·
@dekker If he played for the Bucks, they would hang Jeremy Lin’s jersey from the rafters then I guess.
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Sam Dekker
Sam Dekker@dekker·
Not to argue over this, but CC did something that baseball fans have almost never seen. He was asking for the ball on two or three days rest, and SHOVING. He’d throw 8 innings a few times per week and then would hit a home run just for the fun of it. It was legitimately an unbelievable stretch of sporting greatness.
Nicholas Reid Maus@ReidMausRadio

This is actually pathetic. He played 17 games for the Brewers. 17. He pitched in one playoff game and gave up 6 runs in 3.2 innings.

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Mr. Name That Yank
Mr. Name That Yank@NamethatYank·
Name a Yank that never won a WS and don’t say Judge or Stanton or I’ll lose my shit. GO!
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Anthony Busacca
Anthony Busacca@abusacca·
@davidhaaker1 @MickBransfield Why would it be illegal? State licensed sports books and DFS operators are legitimate businesses and have business risks. They are allowed to manage that risk via hedging. This is exactly what the CFTC markets were designed for.
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Mick Bransfield
Mick Bransfield@MickBransfield·
SIG's CFTC comment includes two actual examples of hedging on Kalshi sports contracts. Full letter below.
Mick Bransfield tweet media
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Anthony Busacca
Anthony Busacca@abusacca·
@WallStreetApes He said there’s never a team member on the line that’s going to say no to you. He don’t say it was free. It’s all part of the upsell strategy they are likely training them to do.
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Wall Street Apes
Wall Street Apes@WallStreetApes·
Chipotle CEO Scott Boatwright says if you want more food in your bowl or burrito just ask, they’ll give you more for free Bookmark this to show chipotle employees next time you go “If you want more, you should ask for a little more. Promise you, there's never a team member on that line's gonna say no to you. We will continue to put heaping spoonfuls of food and bowls and burritos — want the consumer to tell you it's too big. We're about abundance. We're about value. Value equals benefit over a price.” This comes after a massive social media backlash for drastically decreasing portion sizes and increasing prices
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Anthony Busacca retweetledi
Ryan VanGrack
Ryan VanGrack@RVanGrack·
The Arizona District Court's decision granting @CFTC /DOJ a preliminary injunction is a must read for those following PM litigation. The Court thoughtfully analyzed the key issues raised across these lawsuits and systematically decided them in favor of the fed govt (and PMs). Some notable takeaways: 1) Events = outcomes: "Events" and "occurrences" encompass contest outcomes. “The statutory definition of swap therefore reaches how an event unfolds, not just whether it happens.” 2) Congress chose a broad definition of financial consequences: "associated" requires only a connection (not direct causation), "potential" means not actual, and three disjunctive consequence categories (financial, commercial, economic) sweep widely. 3) The swap underlier need not be inherently financial: "Temperature and precipitation have no intrinsic financial value. Yet the CFTC and the Securities Exchange Commission have consistently treated weather derivatives as swaps….That is because weather events produce commercial consequences for a wide range of market participants.…Event contracts based on sports and election outcomes work the same way.” 4) Exclusive means exclusive: "​​The 'plain meaning' of Congress’s entrustment of 'exclusive' jurisdiction 'necessarily denies jurisdiction' to any entity besides the CFTC." 5) The Special Rule confirms the CFTC's jurisdiction: "By directing the CFTC to review event contracts and prohibit those contrary to the public interest, Congress placed event contracts under the CFTC’s exclusive authority.” 6) State enforcement frustrates Congress's goal of national markets: "The State’s enforcement of its gambling laws would also frustrate Congress’s objectives in creating a unified regulatory regime that oversees DCMs and ensuring that DCMs operate as national markets."
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CSPTrading.eth
CSPTrading.eth@CSP_Trading·
Novig was the sole 'prediction market' to buck the Derby people and put up a market, however at approximately noon central time they caved, rolled back all the trades, and deleted the market. There is no no prediction market offering derby markets
CSPTrading.eth tweet media
David Payne Purdum@DavidPurdum

"We reached out to Polymarket and asked for the wagers to be removed," Churchill Downs spokesperson Breck Thomas-Ross told ESPN. "And Polymarket complied." By @Tom_Schad espn.com/espn/betting/s…

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Dan Graziano
Dan Graziano@DanGrazianoESPN·
Pick 182 has been traded SIX TIMES! It started out as a Jets pick. They traded it to Cleveland last summer for Jowon Briggs. The Browns traded it and Greg Newsome to the Jaguars last October for Tyson Campbell. The Jags sent it to the Raiders at the deadline in the Jakobi Meyers deal. The Raiders sent it to Buffalo last month for Taron Johnson. The Bills dealt it to the Broncos on Friday night to move back up into the second round to take Davison Igbinosun. And the Broncos sent it back to Cleveland earlier today in a fifth-round trade-up for Justin Joly.
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Anthony Busacca
Anthony Busacca@abusacca·
@thats_bb_suzyn Jazz should not be allowed to challenge. It should be like basestealing. Manager should give specific guys the green light. Everyone else shouldn’t be allowed
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Anthony Busacca
Anthony Busacca@abusacca·
@SteveRuddock They are both consumer travel but the vehicles are different. Just like OSBs and PMs are different vehicles.
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Steve Ruddock
Steve Ruddock@SteveRuddock·
@abusacca "Who's the more foolish? The fool, or the fool who follows him?" - Ben Kenobi
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Anthony Busacca
Anthony Busacca@abusacca·
Haha. Here’s a different attempt Steve. There can be different regulatory regimes for similar underlying things based on different models or modes. Let’s use transportation as an example. That’s the underlying activity getting from point A to point B. But depending on what model/mode of transportation, they have different regulators. States and even smaller municipalities regulate car travel (speed limits, vehicle inspections, etc). The Federal govt regulates air travel. Both are the same underlying activity but the form they take lead to diff regulators. Should states have owned air travel because car travel came first?
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Steve Ruddock
Steve Ruddock@SteveRuddock·
@abusacca Just call it sports betting. We both know what it is.
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