In this episode, Joel Palathinkal engages with Lloyd Danzig of Sharp Alpha Advisors to explore the nuances of venture investing and career pathways in asset management. Lloyd shares his professional journey in sports betting and entertainment, leading to the launch of Sharp Alpha Advisors. The discussion delves into global opportunities and the dynamics of the sports betting ecosystem, highlighting the rise of micro betting and its industry impact. They examine the regulatory evolution of sports betting in the US, contrasting it with casino gambling and games of skill. The conversation also covers the evolution of online casino games, interactive gaming models, and the future impact of AI in gaming and betting, concluding with advice for investors. (0:00) Introduction to the podcast and guest Lloyd Danzig (1:37) The apprenticeship nature of venture investing and asset manager career stages (3:35) Lloyd Danzig's professional background in sports betting and entertainment (5:57) Launch and focus of Sharp Alpha Advisors (7:21) Global opportunities in sports betting and emerging markets (9:03) Dynamics of the sports betting ecosystem (12:13) The rise of micro betting and impact on the industry (16:33) Regulatory landscape and evolution of sports betting in the US (21:25) Comparing sports betting with casino gambling and games of skill (26:19) Online casino games and their evolution (29:11) Interactive gaming models and pitching new game ideas (39:26) The future role of AI in gaming and betting (42:27) Closing advice for investors