00:00What, what is going, every time I turn around, it feels like there's an argument here with
00:08these, uh, with these tracks and platforms.
00:11What are, what's the latest now?
00:12Yeah.
00:13So Naira and Churchill downs were a little bit of a content contract dispute, uh, last
00:21week that, you know, ultimately got resolved rather quickly.
00:23You know, I think you've got the two, really the two biggest players in, in the horse betting
00:29space and they both removed each other's respective content from their, their platforms.
00:35Uh, last week, what Naira was asking for ultimately was a, an additional 1% source market fee
00:44from these other ADWs, the horse betting app, uh, which, uh, twin spires that, that Churchill
00:50downs, uh, operates and Churchill downs basically said, you know, pound sand and, uh, you know,
00:59I'm not exactly sure, you know, who blinked first or what the, the ultimate terms of the
01:04agreement were.
01:05But let this past weekend was, was the Whitney stakes up here in Saratoga, which is traditionally
01:11one of the highest volume, uh, handle weekends in New York and really throughout the country.
01:18So, uh, as one might expect, the two sides came to an agreement, uh, just before that
01:24big weekend.
01:25And, you know, Joe, like you said, off the top, Naira was in, in another content dispute
01:31with FanDuel, uh, over the July 4th holiday weekend.
01:35And that costs them actually, uh, it did Naira cost them a pretty penny in handle and, you
01:41know, ultimately those two sides came together.
01:43But you know, you're right, Joe, it's like, why can't we all just get along?
01:48You know, arguably the three biggest players in the horse betting space, just kind of sparring
01:52over, over content, everybody trying to, to get the best deal possible.
01:57And, you know, ultimately the argument from, from the fans and the horse players is they're
02:02the ones that are losing, you know, these, uh, you know, big dollar entities are trying
02:08to, you know, squeeze as much as they can from, from each other and ultimately not making
02:14that content available, uh, widespread across every app, you know, just really hinders the
02:21ability for, for horse racing to kind of advance and, and compete, uh, with all these other
02:28forms of, of online betting, you know, namely, namely sports betting.
02:32But you know, that, that, um, the little dispute between Naira and CDI, you know, with, with
02:39a couple of strongly worded quotes flying back and forth, you know, ultimately lasted,
02:44you know, less than 48 hours.
02:45And, um, all of the content is, is back on, on the Naira Bets app and, and on the Twin
02:51Spires app, uh, for New York racing and all of the different tracks that, that Churchill
02:56Downs operates across the country.
