institution itself so if you can elaborate on how that's going to benefit the community beyond the rather well-undowed educational institution I'd appreciate it Yeah, happy to do that and thank you for the question I think in our effort to show that this was a serious commitment and something that we really wanted to show that we were serious about we wanted to show that we had gone beyond just conversations with people but they actually formulated something and I know the letter itself is big but given the kind of short window we had we reached out to folks that we had relationships with and so I certainly have relationships at Harvard Law School and I was able to kind of get some framework of a commitment down but we fully intend to work with way more than just that we reached out to UMass Eisenberg's Sports Management they had a great program there that we'd like to be part of those are the natural ones that came to us but certainly we understand there's plenty more underserved communities and groups that we want to be involved in the the issue is you know sometimes when we start these conversations we both get very excited about it but then we realize you know it's kind of a it's taken in the egg situation of we need to get our license and know that we're operating there before we kind of really get into further details and specifics of what we'll do and how we'll benefit each other but I think we as you see throughout our application our presentation today we're very much committed to being a Massachusetts being on the ground and working with underserved communities there and partnering with the right you know universities secondary institutions wherever we can they kind of make a difference particularly in those communities that are more vulnerable but this was kind of our first cut at folks that we had relationships with and we're able to at least kind of get something on paper to show that we were serious and not just you know floating names out there okay thank you yeah I will yield the floor to whoever is ready to go Commissioner Skinner there you go so I would typically ask the questions relative to employment opportunities within Massachusetts but I want to echo Commissioner O'Brien's sentiments in noting that the piece of the application that speaks to that is very thorough and I appreciate that noting in particular the letter of intent with the real estate brokerage and looking forward to developments in that area I also want to take the time to thank Mr. Paul for participating in this proceeding today and it does demonstrate in particular in my mind a commitment to Massachusetts thank you you know I'm excited to be here Madam Chair Yes so when we're talking about employees in Massachusetts or proposals for employees I want to be very clear that we're talking more on the better media side than we are the better gaming side I think you said that in your presentation and I just want to make sure that we're clear about what employees you're looking at at this point I think I heard you say that most of those that would be hired here would be would benefit the media side more than the gaming side is that an accurate statement it's yeah it's all yes if I can just jump in I'll turn it over to Elizabeth in a second but yes you know this was an initial cut of trying to identify where opportunities were and the immediate ones that came to us were on the better media side but again it is all one company I know we're looking at the org chart earlier but it was actually it's all one company and Liz can certainly elaborate on some of the better media opportunities we identified pulmonarily Yes I think as Ashlyn said you know we are looking at you know crawl walk around in our hiring phases within the Commonwealth so looking at near term six months immediate hires would be on launch activations production resources at a local level as well as you know from an integrated marketing standpoint which is reflective within the what are the LOIs within our application a company based in new report and we're sure as well as others that we're looking to identify for subject matter experts within the state of Massachusetts Okay I just I just wanted to be clear about that at this point but and I also want to just give some kudos to the group for your application in regards to reaching out to the community that's something that I really is near and dear to my heart and I saw the organizations that you hope to to be part of and we feel as a commission that this is important that you have community involvement and through your application it looks like this is a priority for you folks as well so kudos to that and and hoping that that comes to fruition should you be given a license Sarah Massachusetts Thank you Thank you Yes, thank you Other commissioners? I apologize for circling around in this section but some of the other comments from my colleagues brought some brought some memories to the forefront I don't know if the percentage is out there or not publicly but I will say that you have some philanthropic goals that you want to hit over a five-year period I wanted to to give you an opportunity to talk about that and I did notice that you said this would be local not just you know company-wide and then I wanted to know and we heard a little bit about it Mr. Paul but how you plan on bringing boxing bullies to the Commonwealth I was very interested in that program Mr. Paul Hey, do you want to start first? Go ahead I think you get off Yeah, no Yeah, so I mean boxing bullies we have funds and a staff of three full-time people and what we do is we identify a gym typically like in a lower income area or gym where there actually is a lot of boxing activity or boxing interests and what we do is we get in touch with the gym owner and we offer them a complete renovation of their gym and sometimes even an expansion and higher general contractors to go in redo everything brand new equipment supply the gloves because a lot of times and if you have been to many boxing gyms it's very very outdated boxing had like a law period for about 10 years 15 years or so after sort of like the Mike Tyson era and now it's you know it's back up on an upswing but we go and renovate the gyms and basically make it so that anyone within our like outreach program or anyone who wants to come into the gym then it is it is free and there's no fees for anyone coming into that gym moving forward and it's covered by boxing bullies and like a partnership program with them and then typically I'm making my rounds to each one of the gyms to do an in-person event we've already done it in Miami Arizona Cleveland I'm blanking out New York I'm blanking out another big one but yeah I'll go in person and use my social media outreach to let people know where this workout is going to take place and now that this gym is available for usage and then usually there's anywhere from 50 to we've even had up to 200 kids show up and I'll put them through a workout and give them a message about bullying and it's very near and near to my heart because when I was a kid I was a bully and then growing up I was bullied for my social media videos and such and cyberbullied and I see how big of a problem it is with people making fake accounts and fake usernames to talk about you know peers within their school and so I've been on both sides and I usually give a message to the kids and encourage them to take up the sport because boxing gave me the confidence needed to feel with to feel whole within myself and to mature a lot within myself and so just usually share that message and then we also have online help where kids can you know be sponsored for their fights we send kids off to amateur tournaments so if a kid starts to take it very seriously we then give them the funds to continue their amateur career and send them ship them to tournaments flights hotels we pay for all that we have two actually amateur champions right now which is which is really exciting and growing but this has all been in the past 18 months two years and we're rapidly expanding and have really big plans and are ready to go so would love to you know figure out and identify a gym somewhere in Massachusetts we have we have a bandwidth ready and and just continue to expand so it can move pretty quickly thank you yeah not to clarify if you don't mind a couple of things I think in any of our efforts and reinvestment into the community you know if there there's an investment in which we want to make into communities and projects and in various things that we included within our proposal and those aren't necessarily directly tied to the better brand those would not be a marketing effort in any way it's more just a reinvestment into Massachusetts which personally I hold very dear have a lot of family in and around the Commonwealth and I think to Jake's point on Boxing Bully we certainly want to look into areas in which we want to build a gym and again that would be under a completely separate entity and brand especially as it is helping youth community which is not within better demo to any degree do you want to touch on the last part yeah or not I can quickly touch on you know quantifying that helping quantify that as we'll go further into detail maybe an executive session but you know part of our application of course is our commitment to philanthropy at the local level on Massachusetts and that's something now we're certainly looking forward to and you know we made the commitment over the length of the license to donate locally 10% of NGR and that gaming revenue and that's something that that we hold firm on that commitment and are really looking forward to and again we can get into more specifics on on those productions in the executive session thank you thank you they offered um that perhaps an executive session would be appropriate from our detail are you satisfied with their answer I'm satisfied with with your answer today along with the materials thank you all right um other actually if I could follow up on that madam chair before we move on so one of the things I'm conflicted on on this application is you've got tremendous plans and opportunities in the Commonwealth and what you just described as one of them and I appreciate that you're saying you're going to try to draw this line between the charity work and the the betting component of your business and this is something that I'll touch on again later but I may want more information on how you plan to sort of divide those spheres because Mr. Paul is a big part of what is the draw for the betting business and then he's also going to be a big part of those appearances in the charity and so I have a I am struggling with that dual role of a figure that we will again you know Mr. Paul will talk about when we get to suitability but I may need more information on that in terms of and maybe just comes in the general area of suitability but I don't want it to track from the charity work itself and from the mission and from the prospect but I did want to bring that up as a concern that I have to build on that to build on that and help with Madam Chair just to build on on what Commissioner O'Brien is concerned about I'm also concerned about Mr. Paul as an athlete in terms of what the offerings are and the bet that our platform yeah I can answer that right now we do not plan to offer any any combat sports we don't have that on the roadmap so any kind of boxing on MMA at the same time we haven't given other regulators to clarify that you know what would be the offering and it's it's obvious for us it's clear for us that we will not be able to offer any events in which Jake either takes part or is a promoter or supporter of like fighters or cars so we will not offer fights in which for events that Jake takes part or organized Madam Chair since the issue has been brought up and the door has been open I do have a question regarding that and Mr. Paul I appreciate you being here as well I heard one of my fellow commissioners say that earlier this is this has been an issue that I've been concerned about since I've seen the application and it's a great application I'm very worried with the fact that you actually have a partnership I believe and help me with the professional fighters league I believe it is and the MMA is one of the biggest sports for betting and I find it hard to believe that your company would disregard that entire section of betting as it is something that you would make money on I'm hearing that that's something that you're saying will happen I find it hard to believe that that will continue to happen once we start seeing how much money can be made with MMA fighting do you want to touch upon it now or do you want to wait until we get to the suitability please it's Mr. Paul for 20 minutes I think it's very fair I think it's an overlap to commissioners purchase as a very fair portion to answer I would I if I could if I could just ask a clarifier and then turn to Mr. Kirshen and Mr. Levy and then Mr. Paul but Mr. Levy your application suggests right now that the offerings are going to be limited in scope because they are most germane to micro betting you know basketball football baseball and I'm missing another one that's what we have today yes your business model is based on a very much more limited number of events or sporting events than what we've seen with respect to other applicants do you want to clarify about whether or not that's going to expand as your business grows in that model and then I suspect there's a legal answer to how you would be putting up guardrails around any events for Mr. Paul but I don't want to speak for you but Mr. Levy on the first point that'd be really helpful sure yeah so so as noted American football both college and NFL baseball and basketball both college and NBA are the extent of our product offerings today as I've also alluded to we're taking quite a different approach to quite a different approach to product than some of our competitors where we really want to stay focused on our core experience initially and really get to a place where we feel good about our value proposition to consumers and that we have product market fit and then over time we will invest resources into adding other offerings but as Alex noted we have a very focused near-term product roadmap that we anticipate on sticking to in the near to to mid-term but we do plan on expanding to other sports and we're going to be very sort of methodical with how we do that particularly with respect to MMA and UFC and PFL and boxing and some particular IP that Jake who alongside myself is the largest shareholder of this business may directly be involved in because we would not do anything to potentially even provide the sense that integrity with that IP may be compromised in any sort of way Yeah just to piggyback on that since you asked for a legal answer that that's exactly right we didn't intend to say that we're not going to offer MMA altogether any fight that Jake is involved in interested in in any way as a promoter anything that of that nature yes will not be on our platform but anything that he's not interested in in some way but is MMA you know we put on our roadmap so just want to clarify that not the whole category is out just anything that Jake would have a conflict Yes and I think to add to that is like always leading with integrity first and not just seeing dollar signs and and you know get just getting excited because of that I think all of our decisions are based around integrity first but one thing that I'll add to to clarify here is you know we did have a lot of success launching a free-to-play game called the the pulse so the ticket around Jake's last fight and that was free to to enter and there was a prize for consumers and it ultimately proved to be a a great thing for for fans that were engaged with that event and also a strong customer acquisition tool for us so I wanted to point that out as an example of you know us taking advantage of of the relationship with Jake and all the enthusiasm our audience has around combat sports while you know airing on the side of caution and not doing anything with respect to to real money sports wagering that may may you know not be viewed as having the the utmost amount of of integrity Commissioner Hill did you have a follow-up question once you heard those responses? Not at this time Madam Chair Commissioner Skinner you and Commissioner Bryan you I did actually to the to the point of and I'll tell you very candidly that makes me very uncomfortable that you're going to have you know a large shareholder and a potential mobile bettering company actively participating in a market where he on occasion would be one of the product offerings even if it's temporarily blocked in your platform and the question of conflict of interest is you know what is the board and or the standards that are out there for MMA, martial arts, etc that would then be the arbiter of whether or not there was a conflict of interest apart from just his clear participation in an event it could go and extended to other things so I'm curious what the framework is for identifying those conflicts Yeah I mean I as I think we've all alluded to this is far on our road map nowhere near kind of in the near term will be offering MMA or anything that Jake could potentially even be involved in but we would certainly look to work with the commission look to work with any other you know regulatory body that we would need to to make sure all those safeguards are in place we don't have them at the moment because that's not kind of a current issue but we would absolutely make sure everything was done as Jake and Joey alluded to with the utmost standard of integrity and making sure that everybody knew that we're not you know that that's our guiding principle and you know we would absolutely work closely with you to make sure that was paramount So am I reading the answer to the question that there does not exist at present conflict of interest rules or guidelines by the MMA or the players association Yeah I'm sorry so the leagues themselves may have the UFC may have conflict of interest will say they have put forward but that would be you know that's not something that's not something that has entered our ecosystem yet because we're not offering any can you actually relate we're not offering any fighting related in terms of our product offering commissioners I we have our folks from GLI who have come into the picture So actually Madam Chair before we move on I just wanted to I can close out the query with basically saying that I I can appreciate what you're saying but as a regulator who's being asked to give a license the sort of what you will deal with it later idea is not a doesn't give me great comfort in this area and I'll leave it at that for now And Commissioner Bryan I didn't mean that I'm wondering if Joe is going to share something Yeah I just to return to you Commissioner Bryan Right Yeah we're not closing this out yet Can you guys hear me? Yeah okay just I just I think it's my our you know GLI's place here to just kindly note that under 205 CMR 247.03 the petition to sport for sport event a wagering category that would the MGC is actually in control of the events to be wagered on here so if better wanted to actually put this on their product they couldn't do that just by themselves they would have to bring this forward and you guys would have to look at the how the Mr. Paul's event or whatever it is doesn't matter would you know how it's sanctioned and how the event is verified and the integrity behind it so you guys are full power here that part of the wagering catalog is coming up I believe this week first yep and and so just a brief reminder that it's clearly written in the the regulation that you guys are in full control of the of the events to be wagered on so okay Madam chair yes although I understand that we we look at Mr. Paul in this case in other jurisdictions and what goes on in other jurisdictions when it comes to suitability and I have a very big concern when somebody who has partnered with somebody and in this case the PFL and could be somebody who would be involved in a fight even though it's not happening now nor is it being proposed that moving forward it doesn't pass the smell test as we used to like to say and I I know I would use this as an example although I know the PFL and I know UFC are two totally different things but if LeBron James for example was a major partner in a company that did sports betting there's no way the NBA would let him be playing in the NBA under their rules and regulations and I guess I am not as up to date on what the rules and regulations are of each week and in this case PFL or UFC and maybe I need to educate myself a little bit better on that but I can't imagine for a second that this would be allowed or that concerns would not be brought up and then my last question Mr. Paul you received your Ohio license did you get your license before you made your partnership with PFL or were your you already partnered with them when you got your license here we were we were already partnered on paper with the PFL but it wasn't publicly announced so I think the follow-up question would be I don't know Mr. Paul and we don't want to put you on a spot but perhaps council was it did Ohio the right to deal with it perhaps that's most helpful no yeah the answer would be no and I think just like the thoughts here are if there is any conflict of interest it's not like we won't even go near it and if it's something where the PFL has to be excluded then and I think Joey would say the same thing like we that is not in our it's not a concern to us at all yeah but it is but it is to us oh I think Mr. Paul is saying it's not a concern that they would just not be involved understood I think he's hearing me yeah so to reiterate it what Jake said if if if it were determined that prohibiting betting on PFL would be required to you know pass the smell test as you put it Commissioner Hill we would be happy to abide by that and you know to do whatever it took to operate with the utmost integrity and not have any sort of potential appearance that things weren't totally above board here and I want to point out that you know even with the USC there are let's say their partnership with DraftKings there are still fighters around the organization who promote DraftKings through separate deals and then go and fight so I don't know exactly how that works but it is a frequent practice that I see thank you Mr. Pollard Commissioner Skinner I want to circle back to you because you also had an increase and then I might circle back to Joe's point yes so I agree with Commissioner Hill I think this is an area where we could all use a little bit of education because you know I think it happens you know more than we realize just across the across the industry in terms of sponsorships and the like by athletes I also wanted to circle back to what Joe was was raising relative to our discussion this Thursday and I'm happy to hold that until that discussion but we have a set of regulations that we are preparing to review on Thursday and I just I want to be sure and I believe we have the actual offerings right that so I don't know if there's a decision that's going to be made on Thursday but I guess we may not we may not but we deserve the right vote yes and and just to know I see that Kevin's here to come you know another legal perspective so Commissioner Skinner nice yeah so I just want to make sure that we do build in the framework to to hold so I guess my concern would be if we approved an offering whether it's this Thursday or subsequent to Thursday does that mean that it's fair game for all of the licensed operators but that's what I'm struggling with and that's what I hope that we can hammer out on Thursday at least start to and and Mr. O'Lally from GLI thank you for joining and I see Joe is here still to Commissioner Skinner's point you know there there will be a presentation on potential offerings and it might might include boxing it might include MIA so how would we put guardrails off on any athlete you know that has an interest in an operator or some participant in an event from you know this this kind of conflict of interest how much you manage it and I have you seen it it's more Kevin I don't know Kevin is live right now Mr. O'Lally yeah I'm sorry I didn't oh there we go yeah I would just echo what Joe said earlier and this goes to the nature of how different this new category of gaming is from what you are used to and the concepts we've talked about about relating to operational risk control you know before you had slot machines you had software you had very prescriptive regulations you lock it down you tell the casino how the money goes through there here's how we're going to audit you we're always going to do everything the same this you know the marketplace is changing rapidly there there are new consumer preferences and consumer behaviors and these operators are going to react to that with both changes to the interface in which the consumers are engaging and the types of wagers in which the consumers want to place all of that is under your complete oversight and control and will require your prior approval and there's going to be more of that than you are used to with you know with the occasional debt transaction or a change in ownership or the other things that you're used to on the casino side these things are going to be more frequent so I don't think that anything I'm hearing here is surprising to me but I think that the regulatory construct that we have proposed to you and you have been reviewing and and as the regulations come up approving gives you a large ability to control this and to have prior approval and sign off before it goes live can we just just ask for a clarifier on your point so on on Thursday let's say the global list includes MMA and we're going to have this on top of mine there's an ability for us to carve out for particular operators and allow for other operators correct yes that would be correct however I would like to make a note here in real clarification while MMA is a very big and wide sport there is different governing bodies within that actual sport and Mr. Paul can correct me I'm wrong but I don't think he's fighting for the WBC heavyweight championship next week he's there's different levels in sanctions that that that govern those bodies so there's MMA but then there's USC that governs that piece so that those specific things are will be brought up you know like there's NBA I mean I think there's close to 300 plus professional basketball leagues or even more in the world but you know there's the big ones that will be brought forward on Thursday as to prove for the catalog so that so just so we're clear I understand all of that and the concern that I have is more akin to what Commissioner Hill raised which is the appearance reputation the integrity the broader understanding and the fact that we've had to sit there and dissect is part of the part of the conundrum of this we can go into this and suitability too but the investment of certain NFL players in the company as well I've got a lot there's a lot of layers of this concern for me to go beyond just a particular event and a catalog okay other questions then under section C we didn't um Commissioner Maynard did I miss it did you mention the response with respect to spend that's usually in section D correct oh my mistake all right thank you okay I had no good enough everybody all set then with respect to section C I know we just had a discussion I'm not sure if it's exactly involved with section C if it's more a section G issue so I'll take the temperature on this section C did the applicant meet expectations Commissioner Maynard I think on C they met expectations thank you Commissioner no I agree they have met expectations for section C thank you Commissioner Skinner Madam Chair I'm very pleased with section C so I think that the section exceeds expectations did you say it exceeds thank you Commissioner Maynard I believe section C meets expectations okay so and I agree again I thought it was very a very good response and I noted in one section it was probably the best response that we've seen the idea that you're going to come to Massachusetts and you're looking for for space that's certainly it's responsive to what you noted as the legislators and intent at least under the Spana Gaming Act to make gaming and economic engines on I hope that too can come to fruition so thank you and for any jobs so thank you we'll move on to D section D any questions Commissioner Maynard would you like to lead on that then you want me to roll this over from section C I know that all of us have asked the question about diversity spent especially around supplier diversity which is in the application I would take this time to commend the applicant on their answer is the most aggressive answer that we have seen I will note that if you miss your mark by half you've more than doubled the most aggressive answer that I've seen yet and so you know I'm a true believer that you know to do anything you've got to set a goal so I like seeing the goal and it's kind of fun to do the impossible so I'm interested to see how this plays out I agree with Commissioner Maynard I would also request that you provide your spend your current spend so that we can put your goals into context I didn't see any any raw numbers included in your response though I do think like my fellow commissioner that it was one of the more responsive pieces that we've seen to this section of the application thank you just sorry just we will follow up with that Commissioner Maynard thank you other other questions under section D just going to I'm satisfied with the numbers the workforce the diversity numbers and within your workforce I'm hoping that you can narrow down the stats for LGBTQ plus disabled and veteran groups if you can and feel free to supplement that as well I know you have a small team but be interested to see what your numbers look like in those areas as well we will do that thank you I noted my overall comments on section D were very very positive particularly as an emerging company so I'm happy that you're thinking in the right at the launch on this it matters very much to me I noted and I think it was connected with the supplier spend that and this might be a little bit of being responsive to Commissioner Skinner's earlier question is that 75 percent of your organizational partners are small businesses and 25 percent are large and that seemed striking to me because in many cases we hear that the applicants are struggling on how to get to any diverse numbers and suppliers spend because they're national organizations that are technology based and so it's hard to to develop that you are in the early stages so that may be one of the reasons why you have those stats but to the extent that they can continue to be cultivated and expanded upon that's that's very significant and I know Massachusetts small businesses would welcome the opportunity for that partnership great thank you and we're excited to work with the supplier diversity office yeah they're they're doing a great job there all right great um other questions on section D I don't have any questions I just wanted to reiterate that I like the candidness of the answer in terms of there was a lot that could not be put forth necessarily because of the age of the enterprise but I did appreciate the goals and sort of the candid discussion about what you were doing and I was struck also like Madam Chair just said on we've had other applicants come in and claim they can't get smaller businesses or diverse businesses and so I was pleased to see that you guys have managed to do something in that area thank you commissioners okay how do we feel about section D did it meet expectations I believe it met expectations Madam Chair excellent thank you I agree thank you commissioner Brian I think it exceeds expectations Madam Chair both inform in substance thank you commissioner Maynard I believe that they met expectations thank you and I will join commissioner Skinner thank you so we've taken the temperature on section D now we'll move on to section E responsible gaming commissioner's questions so E and G are what most trouble me about this application and I will start off by saying there's a lot of the rest of the application that was unique and in depth and really good to read but I have a lot of concerns about responsible gaming and G and they are connected to something akin to what I brought up with another applicant which is sort of this inextricably intertwining a media branch with a betting branch and we have in Mr. Paul someone who has a large social media presence and I lawed the company for being out there without not taking credit cards saying that you're going to you know the 21 to 25 recognizing the extra vulnerability of that population but I have a lot of concerns about the social media audience the following the demographics of that and sort of the priming them to then jump into this and follow somebody when they hit 21 and so I have questions for the applicant about if they can tell me what are the demographic breakdowns in terms of the following there's a lot of pumping up in terms of how much Mr. Paul has out there and how much better has there as a following and I'm wondering what the demographic breakdowns are on those various mediums and if it's something that is somehow competitively going to put you at a disadvantage I'm happy to talk about in an executive session but I would like answers to that. Yeah we would prefer just because it's internal proprietary data we would prefer to share that in executive session but we're more than happy to walk you through all of it. I would like to have a more public conversation about in general the concern that I raised which is the overlap of sort of Mr. Paul's social media persona that crosses over the lines with him being the face of a bedding company that would only be 21 and up. Yeah in terms of Jake and marketing strategies around him I think it's not just the Jake Paul company he's obviously a huge part of what we're doing but also looking to bring in dozens of other creators to create this organic content on a 24-7 basis as outlined before and then testament to the growth that we've had so far I think as we'll talk about in the executive hearing demographic numbers in line across industry with overwhelming majority being over 21 and that's who we're always marketing, featuring, targeting to and everything that we do on the better channels. Yeah it doesn't doesn't necessarily assuage the concern that I have in terms of the media company's efforts compared to the bedding and that there's a possibly a conflation in the minds of the public I guess to follow up on a more specific question another applicant we talked about the social media posts of a media branch of their branding and then they have a whole team that spots it and checks it basically for responsible gaming messages and that sort of thing and that that will soon open up to sort of a more broad review of exactly what's out there and I want to know what the team has presently and what the plan is going forward in terms of that messaging. Yeah on the RG side I think you mentioned a little bit earlier in the presentation but top of mind in everything we do every piece of bedding content promotional content features a responsible branding and card and captions in our copy so you really can't consume any of the content that we're creating especially that is on the nose gambling and or promotional towards a state like Ohio or hopefully Massachusetts without you know being inundated with the messaging to you know responsibly if you have a problem we'll call the 1-800 helpline and to you know 21 and over is key for us as well and included in that message here and commissioner and Brian just to build off of that a bit further is that the application predated our go live within Ohio and since then as Michael alluded to and said specifically we have been called out explicitly for over community over communicating responsible gambling and messaging and again just to reiterate for you know any organic content that we create we will not include any influencer any person any staff member that is under the age of 21 we don't want to make betting so much aspirational we want to make it entertaining as the app is meant to do as well so we're very conscious of that and we we're really engaging our predominantly male and again we can get into more specific numbers in the executive session but the majority of our audiences is well over 21 right I guess to go back to the main point of my question though is what about review on the media side because that's an integral part of the branding for your betting side and so my question is what kind of betting standards review do you have on the media side got you we set out a work with Ashwin and Robert to set out guidelines for exactly how we handle all of our posts and what needs to go into each and then every post that does get posted is reviewed by our social media team which is being built out and already has eight to ten members within that team and there's a leveling up process to the social lead for all of those posts these posts also come through compliance myself and my partner who's not on the call we also review these posts sometimes before they go out sometimes we do spot checks after they go out to ensure they meet the standards but we do impose standards we have standards for that are really gaming standards that we impose on the media post and we enforce those and I appreciate that and I do want to say that I did note the lauding that you got in terms of the responsible gaming messaging and again I think a lot of your approaches really speak to that it's the standards and things I'd love to see are not just restricted to gaming it's sort of in general the the idea of and this again we can defer some of this to suitability but the idea of meeting to have honesty and integrity and a reputation that's integral to a licensee in this field I would want it to go beyond just the gaming standards yes ma'am and we have a we can share with you some of those standards as well great I appreciate that and I should note that I appreciate too that you have your independent compliance committee of all individuals independent from the company that I believe probably Mr. Warren should there be non-compliance well first off I am presuming and Mr. Paul has a big following and that's that's part of his brand but it does come with an additional obligation because of the issues around age and responsible gaming for the company to keep close audit of the media social media postings and that's you're not unique you're not unique every company really relies on on varying it's not influencers just marketing approaches that require that social media watch so I'm presuming that falls to you Mr. Warren and then should there be any issue you have your independent compliance committee Ms. Haig who has a great deal of experience out of Indiana and the other two gentlemen so Mr. Warren is that do you have a direct communication with them or how is the structure for compliance purposes yes ma'am again I communicate directly with the social team as a social team we came together actually to create the guidelines together so social team will do their review notify me I'll do a review social team we do have I trust the social team in the sense that I've trained them well they go through RG training they abide by the guidelines that we set forth but then I still do an independent review of the material that's posted should there be any issue I'll directly address the issue or you know dependent you know certain criteria we've only been operational for a month at this moment but you know quarterly we'll have our compliance meetings and that's when we'll come together and see if there are any issues that we need to concern and we'll do it that way too as well and Robert and I escalate to the compliance committee that's the that's the chain there and then link to the compliance committee that helps oversee and provide guidance in terms of these areas and make sure that we're on top of these things for the reasons you mentioned and back to your original question Commissioner O'Brien this also happens in real time we've set up a structure to to feel comfortable but if there is anything of question it has always raised in real time as well to posthum and other other questions on section E responsible gaming I have one more but I'll defer if anyone else has questions no go ahead I do have a question but go ahead Commissioner O'Brien okay I was going to let Commissioner Skinner just to see that prompt some more thinking then I'll turn back to you Commissioner O'Brien if it's a follow-up I prefer that Commissioner O'Brien go okay thank you thank you it's not really a follow-up but it's more a discrete I think it's a yes or no which is page 135 you talk about having something into this commission within 60 days prior to launch in terms of an RG plan and my question is do you have sort of a corporate RG plan in general already proved at the board level we do because we did have to submit something to Ohio so yes we do have something approved and we would submit that we obviously wanted to take into account and even learn as we went through this application process with Massachusetts but we do have something that we could submit assuming that there's no changes required for Massachusetts I have some mass specific ones but I'll defer Commissioner Skinner and I'll come back okay thank you Commissioner Skinner so I like the concept of micro-bending that you're choosing to focus on I like the philosophy that you identified in terms of the entertainment factor and not a means to make money but are you concerned that in your targeting specific targeting or marketing to folks who are not traditional sports wagers will create a gateway of sorts for those individuals to expand their gaming practices or wagering practices beyond the micro-bending platform and if so how do you how do you balance your philosophy with responsible gaming yeah so I think right now our focus is on in-play play we plan to introduce some level of P match beds but again with the same user experience where we ask customers for example who will be teammate or who will be very simple to understand without the concept of you know the money line plus and minus really giving the opportunity for a customer to make make the decision between at the best again looking at the industry not just in the U.S. but also in other jurisdictions since the industry itself is moving you know slowly but moving towards in-play we need to make sure we we enforce the same responsible gambling tools across the board and if together with MGC or any other regulatory body we identify other tools that could help in prevent problem gambling or actually encourage responsible play we're we're definitely interested in expanding that that's why you know we go back to the example decided deciding to ban credit cards and introduce the deposit limits on a certain age we think that those are so measures that will be helpful and will allow us to basically educate customers towards a responsible play and I think there are other tools that we mentioned that we we're looking to introduce and it's our responsibility to make sure we we bring the right audience and you know if there are problem gamblers like we and other operators need basically to address that that issue and with intervention and I mentioned this earlier relative to the under 21s and their ability to create an account without going through the KYC verification process I raise it and and from my perspective it seems an area of vulnerability given you know what we've heard over over time where you know if violations occur it's as a result of a system's failure or switch that didn't get turned on inadvertently things like that and so just my suggestion is to consider whether or not you want to maintain that practice and I know we as a commission have heard from at least one other applicant that does not allow under 21s to register for an account I we appreciate the feedback and we definitely take that serious in consideration I think we have been talking about it and we I don't think we have like the right answer but if that's something the commission feels strongly we will definitely introduce that you know full transparency that makes you know sign up harder but we we understand that also I think it's public knowledge that some of the operators that you already reviewed you could go and create an account without actually passing age verification like we were more than happy to insert that and make sure that with better if you create an account you're taking directly to the KYC flow and before you see the platform you need to pass the KYC checks like we're we understand your your feedback that we appreciate and I think that's something we could definitely look and work together with you and I'm doing that if I could pick it back up ask you in real quick sorry what he said was absolutely right and I just want to make the distinguish I want to distinguish between the account and the active account when you create an account you create the free money account quote unquote so you would never be able to deposit or withdraw or place a sports wagering bet without going through the KYC process at all so I just wanted to make sure I mean I understand again we totally understand the need the the perception of there being an issue and so we're going to explore you know it going straight to the KYC but at the moment I know you have an issue with them even being able to create the account they do not create active accounts thank you and then finally madam chair just an honorable mention of the proactive a step of meeting with mass council on on gaming and health so that's much appreciated and thank you for noting it my post would be we are so delighted to have partnership that we have the council and look forward to you obtain a license for your close relationship with our very very capable director of responsible gaming here who works so closely with learning workers so and in our game sense program so we're very fortunate to have them as our partner Michelle Bryan if you have a follow-up now it's somewhat follows up on what Commissioner Skinner just gave which was I was happy to hear that I think it's the only if anyone's done it no one else has mentioned it and I'm in part happy to hear that because the the question in section E the very first question of E one one I believe specifically asks for the answer to reference back to some of the Massachusetts responsible gaming framework that sort of stuff I didn't really see a lot of that reference in the answer so I would hope that if you are granted a license in your back presenting us with a plan that you will take note of the fact that the plan should you know duly note your conversations with them and then also what's referenced there in E money absolutely and that's why we reference the game sense logic model we we will absolutely work with the Massachusetts specific resources to to update our RG plan thank you other questions on this section Commissioner Maynard and Commissioner Hill are you all set Commissioner Hill can I take the temperature on this section I would say in section E they met expectations thank you Commissioner Maynard I believe they did Commissioner Brian I'm going to defer until I hear the specifics on the demographics and executive session so let's discuss where we are with respect to executive session I think very beginning Council Grossman we we acknowledge that in order to really get an understanding of projected revenues in the financial situation of emerging company we would need RSM for some report which needs to go in executive session Commissioner Maynard I think you had a an earlier one and I should have written it down and I did not can you remind me of that seeing or or Council Grossman I think it came from Commissioner Maynard it had to do with section C and the clarification on the revenues so it was related to what RSM will provide as well yeah C2 C2B1 and C2C1 thank you Crystal okay and and just now the demographic breakdown on the very social media platforms and that's something that we can discuss I mean that you'd be able to address if the executive session is appropriate I believe so I think that the representation was that that would be competitively sensitive information that would put them at a disadvantage if they discussed it publicly thank you very much so Council Grossman does that all sound good so far yeah so far so good absolutely there was one other I have that I'm not sure if you're interested in they came up at the very beginning as part of the demonstration there was an offer to make a demonstration with specific personal information I'm not sure if that's necessary at this point but I just wanted to circle back I think it was going to be the use of someone's actual social security number and not to say I don't I'm okay not not seeing that you may not share your social security number with me but I think we're all set I think the technology demonstrated and we're familiar with that function am I right commissioners we're all set on that agreed thank you I think I unless the applicant deems that a critical component of their presentation we we wanted also to show like the full no what it says what happy with with it oh yeah thank you all right okay so we're all set with that so now we're going to section questions on section at commissioners that the general observation you use your two platforms for the bedding and and their p.m. and but you do use geo comply and I do have partnership with U.S. integrity too I think I recall that so you are using some of the best of class specialists on security issues yes so we have a comprehensive and know your customer partner that does multiple checks and they are looking at age also they are looking at specific flags like pack or full fact so the customer can fail due to that if you want we can expand into executive session who the partner is and then in terms of geolocation yes we are using geo comply the industry leader in in the space which is providing us location services and then for sports betting integrity we use U.S. integrity basically we we have a direct feed from them when certain mark you know if events are suspicious they are letting us know and at the same time we perceive suspicious activity or not last one we contribute to that the good news is that from an integrity perspective being a you know largely in play operator if there's integrity is usually those are flag well before the game or a math start and games are if it comes to that point games are disabled by the time they are on our platform just because all operators contribute to this integrity platform commissioners have quite a comprehensive response any questions is that commissioners on F? I think I'm ready to say that F has met expectations madam chair we agree I agree which is going to fill okay I agree okay then we'll move on to G and I know that as we move into G and suitability there may be issues where we need to think about the discussion arises so we'll keep that in mind am I sure? Madam chair I had a couple of questions about the litigation matters that were included in the IED report and so hoping we could just get some additional information about the substance of each of those particularly the defamation Mr. Crosso Mr. Crosso is that something that you can in second session or is that public? Yeah I would ask you know there's there was a list in the IED report of litigation matters and I would ask that we could address those in executive session we feel like these may constitute an unwarranted invasion of personal privacy or otherwise maybe subject to confidentiality obligations or pending legal matters which are not appropriate for public comment so we would ask that we try to address you know all of that first in executive session and if it's determined later that you know something can be addressed in the public session we work in that order so that we can be as transparent and forthright with you on all the circumstances regarding those matters that's that sorry sorry Marcia Skinner so did you want to pursue does that if it's acceptable to go into executive session did you have another question on that or no I just wanted to be clear for the record which items I'm interested in so it's that one relative to defamation and then the one relative to sexual assault yes those would fall under the statement that I made previously other questions under so I have another question about another litigation that's in the public domain I can find the notes and I don't know if it was in one of the open source articles or not believe it's a February 2022 yep litigation in which Mr. Paul is named amongst others in connection with SafeMoon cryptocurrency and that's right before the last page of IEB's report yeah I believe that's still active litigation we would appreciate the opportunity to discuss that fully in in executive session and and you know again if there are things that we can be public record have to go back to the public record and address it there but would ask that we go first to executive session to hopefully give you as much context and information as we can actually this might be a good time to jump in and say that we actually do it the other way around we first talk about how much over much we can in public and then if there's further detail to supplement the public information we can consider going into executive session and the reason for that is that most and I'm not saying all but most matters of litigation are public complaints are filed of course in courts and there are matters of public record most of the pleadings are public information so we are going to first need to pinpoint the specific cases and identify which parts of them are matters of public record certainly to the extent that we're interested in understanding what defenses may be raised and things of that nature that's certainly protected but before we do that we do need to review the matters of public record okay understood and I would ask Mr. Abrams and to help weigh in if we want to go you know go through these specific items in the order that commissioners raised them or however we'd like to do it Councillor Grusman the challenge for me on that is that if the commissioners start to ask questions no we have one article and you know perhaps we don't really know what is in the public domain and what is not so if we start asking questions we could be going into an area of litigation that is protected and so I feel like we've done the reverse recently but I might be wrong I feel like we just had where there was pending litigation there was request to start and then come back where we might understand the matter better and know what is in the public domain which right now we don't really know what's in the public yeah I mean the best way to do it is to get a copy of the complaint so we can see what is in the complaint I don't have the complaints here so I can't answer that question and then we can figure out what further information the commission might be interested in oftentimes the complaint tells the whole story and that that will get you where you need to go other times there are follow-up questions so I don't remember doing it the other way but it is possible we did that at some point in a specific circumstance I thought I heard that in one of the recent hearings where they requested to go into the executive first so that we could give you more fulsome explanation because certainly what's in the complaint you know certainly in these headlines is not representative of we think all the facts and we'd like to be able to provide that which you stated touches on defensive and potential responses that are sensitive I think the only thing that we've been pretty consistent about that was referencing to them publicly to the extent that they can be referenced publicly so that we know and the public know why we're going into executive session so to the extent that there's docket numbers that you're aware equate to the references we're talking about they can be referenced so that it's very clear what we're going into talk about yeah I agree that's at least a good place to start I'm having a hard time looking through the IEB report and even seeing where these cases are well they're not yeah it's it's part of that that reference them that's that's what's troubling me Mr. Grossman is there it's a it's an article it's not the you know IEB summary of any kind of pending mitigation so I want to be mindful of their boundaries I also need to make sure that we are fully in compliance with our obligations and you know when we do want yeah I mean some of this because I have read any of the articles so I don't I'm just going off of the headlines that have been included in the report so I don't know what's in the public domain and what's not so I did link and some of these I don't believe actually have cases associated with them and some of so one of the challenges is a lot of some of the other applicants affirmatively disclose litigation even if it was not technically you know knowable that it may risk a hundred thousand dollars or greater at the end of a judgment and the answer here was nothing was identified nothing was self-identified and so that's part of the conundrum that we're in is the open source does in fact then bring up related litigation so I don't know if you have you the team that better have the public docket references in relation to these articles or not but again there are there's one or two I don't think are even litigation Commissioner Bryan could we there's there's many I think to be to be there is there a precise list of that you could ask about without you know adopting so because of position or or yeah which is I'm making a declaration about then so I had I had three matters in particular that I wanted to discuss you might have gone on yeah one I know is litigation to are probably privacy concerns and two of them have to do with sexual assault allegations that are referenced in the IB report and the third is the litigation that I reference filed in February of 22 relative to the cryptocurrency in SafeMoon which I know that at least is in the public domain and I don't know Commissioner Skinner there was something beyond those three that you cut they caught your eye in that article list so those are three and now Commissioner Skinner the two items that that caught my attention have already been referenced by Commissioner O'Brien although I I don't understand that there are two separate sexual assault allegations there are two articles that reference that those are the ones that I'm talking about a single or a simple or simple incident media media media presence I should say okay and so the other one I'm sorry was the defamation lawsuit so and Madam Madam Chair I wanted to add number seven to that list which I think is appropriate for this discussion um and actually number eight now that I'm looking at the list too I didn't realize that there was a suit associated with that there's part of it that might be in the public domain but that's the defamation claim that I was referencing I believe I don't believe that's defamation no it's on a little different looks like a civil settlement maybe again these are news these are news accounts so just I want to emphasize that and it's the same you know just what's been picked out it's not IEP some or say summaries or things like that yeah I actually have to retract what I said earlier I did click on a couple of these I think number seven was one and I think there's a little bit more detail in the article which I I do want to say it's regards defamation but this is part of the problem we don't know what we don't know what is out there so it would be helpful to just kind of get a walk through of exactly what's pending in terms of litigation so are you pointing out my concern commissioners get about what we're going to talk about publicly here without is that what you're saying okay thank you I'm sorry yes no that I just wanted to echo your concern Madam Chair and that's where we're going to have difficulties going between the public record and executive session in terms of straddling the line on all of these items and that's why we had suggested we go to executive session we give you as much detail as we can and then we can return to the public record if we determine the pieces of it are are public and after you have a full understanding of of what these matters are council aggressive well again and I I it's it's best to do it the other way but if it would be helpful to do it this way we can try to navigate that so can I just say from where I'm standing in an initiative of transparency and trying to balance though that the references one through eight I believe are all news articles so they're out in the public domain so at a minimum I think if we say the page number and then you know even the date and the publication in the native in the article because that is in the public domain and it would specify without going into further detail that would potentially not be within the public domain well sir stuff I don't have it for a reason my pages are not known so so these are I believe mostly on page 10 of the IAB report is that that's what we're talking about top of page 11 and that's exactly the issue they're all public reports so it seems to me that they can at least address what the allegation was yes happy to do that happy to address the article and the allegation I just assume that you would want to a more wholesome discussion of the defenses or more contacts in fact surrounding those circumstances some of which are going to go into the boundary of privileged materials of things that we don't think are appropriate for public discussion so I think if we go down the list and then you say the public consumption summary and then flag when you hit a hit a privacy or a privilege wall could I be that's a good idea but I do we I don't know if we have to go through all of them but back to the ones that are particular interest or are you saying you want there are 10 on the list and and some of them duplicate topics but to be blunt Madam chair it is a it's one of the concerns that I have with this application so I actually do want to hear about all 10 well I asked only because we had we went from three to now the 10 so well because to me in my estimate might be three that arguably with an venture into executive session territory but you know counsel for better may in fact have more information than I do about information that goes beyond what I know obviously and maybe it also will also satisfy interest Mr Rachel I think I'm going to ask that you manage this the best you can for your client does that make sense yeah I'll follow Mr Abramson to help navigate these items as you go through the list as well thank you does it benefit you at all to take a short break to get the list together are you guys ready to go Mr Abramson I think we're ready to go thank you thank you Hi Mr Abramson you want to ask a specific question or well the question is the as you can see on page 10 I'm sorry if it's not numbered but it starts with number one a CBS news at the top that's not the list that we're looking at we're looking at the next number one and Commissioner O'Brien has asked if you could walk through each item to the extent that it's in the public domain without either compromising what could otherwise be subject to an exact procession of course we have to always check on that so yeah Jake do you prefer to give a statement to prefer that I do so I don't have a list in front of me of like what's one is listed at number one or two or whatever so I don't know me I wonder if someone can give a suggestion to have Mr Abramson yes you just say a high level what it's about I want to you know I don't know if there's also any way to get to follow the bottom of this you know the first time sorry I'm sorry do you have it now Mr Abramson I believe so the first one that the people dot com people dot com are starting Arizona mall that one yeah would you like me take this shake or um yeah yeah no I mean I think to set the stage I appreciate the commission for the opportunity to be heard on these matters and I respect this process I think just by way of background the reality of my life as a young and highly visible digital creator was quite different than the normal teenage experience the best way to sum it up is that everything is exponentially magnified you live quite literally under a microscope and you certainly get more opportunities but you're also taking advantage of more often mistakes magnified publicized and republicized and you become a bigger target for a frivolous claims lawsuits media headlines and many many other interests for for and and competitors and for people to make money off of off of your demise the public and media also confuse your public persona with your real life which is quite a lot for any human to balance but for many years headlines with my name garnered a lot of attention at one point we were specifically just with TMZ every time I was their most clicked article anytime they would publish anything about me and so I've become accustomed to reading many false or exaggerated stories about my life with catchy headlines four click bait and four monetary compensation for these brands from what I understand there's over 229 million search results just in the past 12 months and of course some of these are going to be negative articles and I've unfortunately become accustomed to being a target for unwarranted claims and like everyone I've made my share of mistakes and have messed up and have grown up in the public spotlight and done stupid things that from what I've learned from but as you'll see these matters generally don't warrant this level of media coverage and attention you will see that also in general nothing or very little has in fact come from these sometimes shocking headlines and crazy situations which are great for views and clicks and for me to be made an example of I've never been convicted of a crime and while frustrating these experiences have helped me grow as a businessman and a public figure and a human and I've become hyper aware of the projects I support the brands I lead the things I do the people I surround myself with and I'm grateful for all of my experiences and the awareness and wisdom they brought me and continue to bring and in terms of reputation I think we should differentiate from the fantasy world of social media where rumors run unchecked and in real life I have a stellar reputation in business and the professional world having worked with many brands boxing commissions talent the largest sports promoters Fortune 500 companies and organizations with absolutely no issue no disputes and in almost all cases repeat an ongoing business so I guess yeah I guess that is just to like set the stage before delving into any of these but can go back to the first one is it people people.com what's the about the Phoenix civil rights demonstration. Yeah no so I happen to be in Phoenix during the George Floyd civil rights demonstration and I left dinner at a restaurant outside of the local mall there and noticed a crowd of demonstrators marching into the mall and along with the group of people I was with we were curious and followed the demonstrators into the mall and we're in supportive of the George Floyd protests and my videographer was with me at the time we're always making videos and what I was witnessing was the the craziest thing I had ever seen and as a content creator made the mistake of wanting to capture that moment to document it and we were present in the mall but did not take part in any vandalism or looting and I resolved the matter with the misdemeanor trespassing police like for us to go to the next one next one involves the FBI warrant at your house yeah so my home was you know to my knowledge this was related to my presence at the civil rights demonstration in AZ no charges were filed against me as as a result of the search next item is a article relating to Justine Paradise yeah I was I was the target of an unfounded and false allegation that was posted by someone online though the post received predictable online attention and was I believe purposely put out the week of my fight to put a fork in that there was no truth to the allegation and at all whatsoever in no way shape or form complete blasphemy and nothing further transpired so I do have a follow-up question on that not on to sort of the substantive allegations in that video but sort of a sub detail in there that I would like to ask and counsel obviously you tell me if you think you're going to advise me not to answer but there was a representation made about sort of any documentation that might have needed to be signed prior to going into your home or your studios an NDA and non-disclosure agreement can you speak to that allegation anything relating to Jake's business practices in that respect we'd like to take up in executive session so it's a business practice for a second okay the subject matter would be a business practice okay can she just add that to the last time council president he's fraying at the business practice do you want to do a follow-up question to just take us in about competitive disadvantage our language that we would need for an executive session yes thank you so counselor Mr. Paul the exact there's two legal standards to consider to determine whether we can discuss this in executive session and the first is whether the matter is competitively sensitive to the extent that if disclosed publicly it would place you at a competitive disadvantage so that is the question as it pertains to the non-disclosure agreement at the issue that was inquired of the second possibility would be that it could arguably implicate Mr. Paul personal privacy and I'm not entirely familiar with the nature of the agreement itself or what have you but if it does implicate his personal privacy and would be an unwarranted invasion that is another standard that we can consider thank you and I think more more meaningfully we'd be speculating because I'm not aware of the document that Commissioner Bryant is referring to in the first place and so I'm not familiar with the article I'm not familiar with what what the quote was or the document so I thought you were asking about business practice more generally knows our representation in the video itself that that's such a document we're not familiar with the representation so we wouldn't have any further comment I'd like to add because I don't take I never took this allegation lightly it breaks my heart if you know my character and you know I don't even like giving more attention and light to it but to add context the journalist actively solicited on the internet for a period of weeks for anyone who had something negative to say about me and that journalist that was involved with this whole situation was recently banned from Twitter for false reporting and again there's an absolutely no merit to this and again completely false and made up okay so I get I do have the same question though whether or not there's in fact an NDA required to enter the studios or the or the premises I would be speculating I don't have that information I'm asking Mr. Paul but I'm doing Michelle Bryan I just want to be careful yeah who are your I'm not I'm not sure I'm not sure what that's referring to okay yeah I think thank you Mr. Abramson doesn't isn't familiar with either the article or what is what you're described no Mr. Mr. Paul is and he's he just answered my question to my satisfaction okay thank you thank you and actually I think we ended up answering both these two items they involve two different individuals but the responses is the same our claim maintains it was a false allegation and there's no truth to it and nothing came of either of these two online allegations so that would bring us to the next item on the list I believe and the number for you Mr. Abramson so we are we're all okay I seem to have lost that document does anybody else have this five and six yeah I think you're on number seven and it counts yeah they were duplicate so that's a four five and six I think are just have just been addressed the next item it has to do with the matchroom lawsuit is that is that correct on your list as well yes okay yeah but number six number six I'm sorry is the he said that it was the same response to the same response okay yeah thank you yes thank you so so now we're entering an item which is the subject of pending litigation and so and it's very early on in the litigation context we're happy to get a copy of the complaint if you haven't seen it and provide that to you but I'm going to answer my client not to provide any comment on this pending litigation at this time other than that we're vigorously defending it I'd be interested in copy of the complaint but then also copy of your answer sir as well yeah there hasn't even been an answer for all of you it's my knowledge what did you expect to find an answer I would have to check with the council tell me that not thank you next item on the list I'm sorry I don't have a number but it's it has to do with a can I ask Mr. Abramsen can I ask Johnson Grossman and I don't know if Mr. Abramsen would be even a position to share this could what they anticipate the response to me the answer to be be something that we could hear at this juncture in the executive session if he's able to share that I think if they're comfortable in fairness it sounds like Mr. Abramsen is not at least the lead council in that case and I don't know that it would be fair to ask him to offer an answer to that question unless they're comfortable doing so of course I wouldn't have anything to add to that okay thank you okay been going on the next item is 2018 article regarding a rental home in California Jake got it yeah yeah this was during a time in my late teens when I lived in a rental house with a number of friends and it was completely blown out of proportion by the media and again my name was used in the headline to be shocking and garner attention this matter was settled and amicably resolved yep and then the last item is the safe moon matter that was referenced earlier in this fashion and this is also a pending litigation matter which is also very early on I'm not sure that an answer has been provided on this one either and the council's handling this matter is not present as well we'd be happy to get you a copy of the complaint and if there was an answer a copy of the answer as well that would be helpful okay commissioners now that we've gone to that list are we are we satisfied in terms of asking all the questions and obtaining any supplemental information that we need that would be with the extra both complaints will be forwarded to us I'm satisfied at this point thank you commissioners thank you same so it's okay thank you as am I yep okay great commissioners thank you else that was satisfied so and that's having gone through that list and section G and it's um full sum of review are there any other questions that are separate and apart from that exercise we're going to have on the financial stability we'll hear from RSM sections and then we we've discussed compliance we've also discussed on Mr. Warren's role in compliance and the compliance committee there anything else with respect to section G that we need to discuss I think the only other area of questioning that I had concerning me and insudability is you know Mr. Paul talks about his you know experience being on social media putting out you know the tiktok videos YouTube videos that sort of stuff and there was an article I believe as part of Ibiza report that talked about sort of that the repetitive references and some of the videos that you put out in years past that would be deemed almost predatory advertising and in said the UK the repetitive references to things and if I can pull up the reference if I can find the article think it was on in the verge September 4th 2018 and so if if if Mr. Paul or maybe somebody from better can speak to what if any changes are out there in terms of Mr. Paul's you know social media presence in particular when it comes to that kind of allegation I think it connects a little bit to responsible gaming like we talked about and and a little bit unsuitability what what exactly are the where the claim is like what does it say I thought this was linked into the Ibiza report you have it commissioner September 4th 2018 I don't see that I don't see that in the Ibiza report no link to that one maybe I was looking on my own I found that there's three articles mentioned about the the derogatory articles and I don't see a September 2018 one okay it may have been when I was trying to familiarize myself with Mr. Paul I guess what I want to maybe speak to have answered is for Mr. Paul and from better sort of in this piece a little bit to what you talked about and to post and things like that on social media but one of the concerns that I have in terms of suitability and responsible gaming with this applicant is again like I said the intertwining of the media branch with the betting branch so to the extent that there's anything you can talk about in responsible gaming and your marketing that deals with I guess what the UK would talk about in terms of pester power repeatedly referencing something to try to get somebody to want to try it or buy it is that something that's part of you know your sort of responsible gaming responsible marketing lexicon definitely I'll just say one yeah one thing on the other side and on Jake's side as well while we're you know marketing micro betting and showing people engaging in the activity of betting and micro betting with the club covering sports content the athlete who retires I would say 15% of our total content is highlighting you know micro betting give or take whereas we're on the on the media side covering sports in general so not super familiar with pester power but from what you how you describe it I would say definitely not yeah and I think like five years ago again the the amount of hit pieces and people trying to attack me it was absurd but but five years ago I also was a youtuber I was 20 years old not not mature and now for the best four years three and a half years I've been a professional athlete so I've you know gone away from from that world as to I don't really know what the article mentions but don't even put out nearly as much content and again my focus every day is is my training and focusing on my fights so I know I'm sorry I'll go I'll go professional Brian Mr. Scared no I guess what I the only thing I would ask is given I can make the reference again for the record September 4th 2018 article on the verge written by Megan for a monash it looks like F-A-R-O-K-H-M-A-N-E-S-H I just would ask that Mr. Paul and better take a look at that and if there's a supplement that they would like to give in connection with their application in that regard I would be I would really want to see it because it is part of reputation and character and suitability I think we would be happy to provide a supplement that addresses that and especially just given that the digital ecosystem has changed the marketing and advertising efforts significantly since 2018 and we're certainly keeping that in our in our focus and and making sure that all of our marketing and advertising efforts are given to those that are opting in and and willing and participating so we'll take that into into consideration we'll read the article and come back with a response great thank you thank you other other questions on section g okay hearing none in light of what we've asked for for supplemental information did they applicant meet this section Mr. Maynard hi are you may need of commissioner well I think we were still getting information in executive session from rsm some of that so circle back yeah okay for rsm that makes sense we'll circle back so in terms of going into executive session there's a little bit of a process before we we need we need going to executive session I guess I would just like to point out that as I look at this overall application I was impressed by by its thoroughness and it was a a long but compelling read to learn about what is an innovation in even though we know about in play this is a different a different product and I I want to extend my appreciation for this applicants recognition that there's clear space for disruption your word and innovation in a highly highly regulated landscape and so I appreciate that you recognize that and that the two can intersect and I'm I'm going to take Mr. Paul's lead I heard you and it just was with a huge responsibility to play in highly regulated space and you said integrity first and I'm noting that as part of section g Mr. Paul I heard you and so with that I would just like to close out this and move into our process of going into executive session. So Mr. Grossman we've got a list and then we just need to know if we can move on. Yes Madam Chair I have two possibly three I think just two items to raise for possible executive session discussion and the first and I would just note as was discussed it's my understanding that this is a privately held company which means there's a good deal of non-public information relative to the finances of the enterprise that are included in these reports and will be discussed. And so the specific issue for discussion in executive session relates to asking that RSM and the applicant discuss the financial projections and the relation to the overall stability of the applicant including a discussion relative to the market share percentages that are projected the revenues that are projected. There was not a great deal of discussion but oftentimes it's helpful to hear about the handle and hold percentages and get some insight into those figures and any issues that are associated with the aforementioned discussions as outlined in the RSM report. So that's issue number one and if I have that correct then that information would certainly fall under section 6i of chapter 23n in that it is competitively sensitive and if disclosed publicly would place the applicant at a competitive disadvantage. The second issue for consideration relates to the demographics of a couple of things and I want to make sure that we get this precise. The first I believe related to Mr. Paul's social media following on the variety of platforms and how the demographics broke down there. There was also some mention of possibly the demographic breakdown of betters projected patrons as it relates to the previous matter and there was I believe if I heard correctly some interest in hearing about the demographics of potential targeted targets relative to marketing as well. And I think there's a lot of overlap between those three categories but I just wanted to make sure I had that correct. And if so those would all again fall under the category discussed in section 6i of chapter 23n and that they all call for the discussion of competitively sensitive information that if discussed publicly would place the applicant at a competitive disadvantage. The only other issue on my list and I think we have this resolved related to litigation matters and it's my understanding from that past discussion that we just concluded that with the provision of the complaints and any associated filings that there were no further questions related to the any litigation or other media reports. Missionaries does that sound right? Yeah with the only caveat that once we get the complaints whether we have follow-ups you know would be still open for discussion. That would be part of our of our process on the 18th and 19th and there's a process that would address any outstanding matters. Okay. All right. So for those of you who aren't familiar with Massachusetts of the meeting law are required to read this into the into the record and I it's my understanding we're all under 6i. So the information was generated under 6i the executive session provision Madam Chair that I think you're about to address is actually in yeah. So it's for I don't think we have any N or C or section 7, 2016 of privacy and we don't have anything to do with public safety. So it's all just under competitive disadvantage. It's all 6i. Yes. And it's that's right. That's entry 4d2 on me. Okay. Yes. It's under the agenda item which is what Mr. Grossman was referencing is under 4d2. Yes. That's correct. Yeah. Commission anticipates that it may need an executive session in conjunction with its review of the Better Holdings Inc. application in accordance with general laws chapter 30a section 21a subsection 7 in general laws chapter 23 and section 6i to consider information submitted by the applicant in the course of application of its application for an operator license that is a trade secret competitively sensitive or proprietary which it discuss publicly would place the applicant at a competitive disadvantage. Do I have a motion? Madam Chair, I move that we go into executive session for the matters delineated by Attorney by General Counsel Grossman as stated by yourself. Thank you. Commission. Thank you. Thank you. Commissioner Skinner. Okay. Any questions? That is all right. Commissioner Bryan. Hi. Commissioner Hill. Hi. Commissioner Skinner. Hi. Commissioner Maynard. Hi. And I vote yes. Five zero. Now we will be transformed I believe or transferred into another virtual room. So just join that please. Thank you so much. Okay. Sorry. I was going to ask and we can do this in executive session but a quick break before 10 minutes or so. I think she probably froze because she was moving. I think we're all set. Dave and screen savers. All right. You're reconvening public community number 421 at the Massachusetts Gaming Commission after a short executive session and because we're holding this virtually I do need to take attendance. Commissioner Bryan. I am here. Commissioner Hill. I'm here. Mr. Skinner. I'm here. Commissioner Maynard. I'm here. All right. We're all here and I want to express my thanks to the applicant for its interest coming to do sports measuring here in the Commonwealth and for its application and the presentation demonstration today and very candid responses to all of our questions and for of course the executive session. I want to give the opportunity for you Mr. Levy and anyone else to speak before I turn to my fellow I'm good on my end as I reiterated at the end of the presentation really grateful for the opportunity to potentially receive the honor and privilege of receiving a license in Massachusetts and appreciate all your time here today. Ashwin anything bad? No just thank the commission and the staff for all the hard work and making this possible and we really appreciate the opportunity to be in front of you today. Mr. Paul. No thank you and I really respect this process and you know I think what we're doing is is really awesome with better and I hope you guys see that vision and I'm excited you know to potentially work together and today's been today's been really awesome and you guys are obviously really great at what you do. Thank you Mr. Paul and with that commissioners I give you a chance to add in Commissioner Maynard I'll have you go first reverse order. So I just want to compliment the applicant today you know the application includes some of the most robust answers substantially when dealing with goals on diversity and suppliers been and you know we have a lot of information that we go through when we go through this process but I will say that you know I think that you know we probe we're rigorous regulators but sometimes you know we can over probe and I just want to say that I believe that you held yourself very well today thank you Commissioner Skinner we're here I know you're we're well into this piece of the proceeding but did you want to take the temperature on sections oh thank you with Queen Regi first I said that's why we we need team right this is evidence of friends and colleagues right so as we just pause and I'll return to you Commissioner Skinner for goodbyes with recognition that we do have some outstanding information that we'll get on on suitability on on G are we set Commissioner Hill do you feel that the applicants met expectations for section E they have met expectations and G as well yeah did I I guess it was E and G because of the suitability piece sure thank you Commissioner O'Brien your nodding so I'll turn to you so yeah it's E and G and I'm satisfied with E as to G I'm going to defer until I see the information on the complaints but I think they'll probably have satisfied the minimum requirements so I can say that today yes you mean in terms of the overall application but you're holding yourself you're stalling pausing on section G thank you very much for that clarification now I'll go back to Commissioner Skinner so you you know that was Commissioner Hill Commissioner Skinner and then I'll go back to you for your regards I feel that the applicant has met the expectations relative to section E I'm with Commissioner O'Brien you know I will hold on my rendering of a decision relative to section G until we get the complaints okay Commissioner Maynard I think they've met expectations yeah and I believe they've met expectations on E and G and a reminder that should this applicant advance in the process there will be a full suitability investigation that's done with respect to our applicants so I feel today the applicant's application was very thorough in today's responses thorough so I say they meet fully the expectations from my perspective so now Commissioner Skinner what would you like to say so just a thank you to Mr. Paul Mr. Levy and team very thorough application I think it's a strong application I appreciate you actually taking the time to answer be responsive to all of our questions and the application and during your presentation today I have no doubt that you will continue to be responsive in the information that we've asked you to supplement and so I'm just want to wish you luck during this process and look forward to further discussion on the 18th and 19th Commissioner Hill thank you Madam Chair I too want to thank the applicants for a very thorough application but more importantly for the forthright conversations that we had today there was some pretty hard questions and I was very appreciative of the answers that we received from everyone so good job with that and I too look forward to a continued dialogue with you as this application moves forward and Commissioner Bryan thank you I've said it a bunch of times a lot of the fellow commissioners have said it as well there was a lot in this application that was unique a lot of detail about Massachusetts a lot of detail on the responsiveness in the product offering which I was very excited to see but I had equally an amount of concerns about it particularly when it came to suitability I thank everyone for their candor I don't think I did go too far anyone in this commission went too far suitability is is a serious issue I've been here five years and I know these can be very uncomfortable conversations and I laud everyone who candidly answered the questions that were put in front of them today so I thank everyone for their time and for their participation today with that again thank you thank you to the team in the room thank you to Mr. Levy and thank you Mr. Paul and I ask now for a motion to adjourn so moved second thank you Commissioner Bryan aye Commissioner Hill aye Commissioner Skinner aye and Commissioner Maynard aye and I vote yes again thank you have a great day thank you so much thank you thank you


Hey guys, so we are here with May's cold mist and Gonna be clearing this for a complete clear. So let's start this one out. Okay guys. So for this stage This is quite a bit straightforward Except for one thing one possible moment here. So we're gonna try to move around this I'm gonna be skipping the story guys for the benefit of everyone and just go about where to go and Again skipping this part So as you reach this junction, you might be tempted to go straight to the door. So before you go straight to the door There's another part of the story here We're in please go by this Question mark because this ghost won't be able to reach you anyway So that's your chance while you move. He's gonna chase you and go towards the door at this point That is it. That is the quick Way to do this maze and let's skip this one. This is going to be success and off to number two


Hi, this is Dr. Don. I've had some questions about how to find confidence intervals using Excel, and I'll show you how to do it using basic Excel functions first, and then we'll look at how to do it using PHStat. I've set up my spreadsheet here. I've got some data in column B. The alpha we're given is 0.05, which is a 95% confidence C. And in order to find the confidence interval, we need the mean and the standard deviation, and then the count. I'm going to click in this cell here by the mean, average, they don't have a mean in Excel, and we just need our range. We don't want to include the, well actually it won't matter because it doesn't count a non-numeric. That gives us our average, and I've got a formula over here in these NA cells that will show you the actual function, the equation we're using. Standard deviation equal, start typing ST standard, woop, STD, and we look down there and we've got standard deviation P, which stands for population and dot S, which stands for sample. This is a sample, so I want to select that one, and I just highlight my number again, my column, make sure I get them all, hit enter. I've got my standard deviation, and then finally is the count. You might guess we use the count function, and again we've got our range there, and hit enter. So now we've got our basic there, our average salary for these people at 60, roughly 66,000 with a pretty wide range there. We've got some 152, 47, so the standard deviation is huge in this sample. If we know the population standard deviation, we can use the Z distribution, or sometimes if you have an N greater than 30, which we do here, you can use the Z distribution as well, and let the standard deviation of the sample approximate the standard deviation of the population, which it may or may not, depending upon how good your sample is. So we're going to get our margin of error, we're going to put our cursor there, equal, start typing confidence. We've got confidence norm and console.t, we want norm, which has the Z distribution. We need alpha, comma, our standard deviation, make sure we get the right cell, that cell, comma, and then our size, which is our count, and then close it out and hit enter. So that's our margin of error for the normal distribution. The lower limit is just equal the mean plus, excuse me, minus the margin of error, enter, and the upper limit is equal to the mean plus the margin of error and hit enter. Okay. If we know the population standard deviation, which you should most of the time, if you're using the normal, you would just enter it there instead of using the sample standard deviation as we have here. To get the distribution, it's very similar, equal, confidence, get the confidence t, alpha again, comma, standard deviation, comma, size, close it out. And we've got a very similar margin of error, equal mean minus equal mean plus. And they're very similar, which we'd expect. As the n gets large, the z and the t distribution start to converge. You can see they're pretty close there. And again, we would normally use the z distribution if we know the standard deviation. Okay, let's do it using pH stat. And the way we do that, it will either be in your add-ins that you'll get pH stat, or it depends on how you install it, you'll have pH stat as a tap on a sign. We look and we find confidence intervals. And the first one, estimate for the mean sigma known. So we're gonna click on that one to get the normal distribution. Our population standard deviation, see, get asked for that. We've got to input that. I'm just gonna say, let's say that the population standard deviation is only $24,000. We've got 95%, which is the same as .05 for alpha. And instead of using the sample size and the mean, I'm gonna click on sample statistics unknown, and then we're gonna click in that box, highlight our range of data again. It is assuming that you don't know. Down at the bottom, you've got an option for finite population. If you think your sample size is more than about 5% of the whole population, you need to double check that. Here, we know our population of employees is gonna be several thousand. So a sample of 30 is nowhere near 5%. So we can ignore that for now. And I'm gonna click okay, and it inserts a table here, and it gives us, there's where I put in the population standard deviation, and the sample means you have the same size to count confidence, and it gives us a range of 58,000 to 73,000. And again, this is the Z distribution. You can see that as opposed to the 55 to 76. To get the T distribution, we do something similar. We go back to confidence, whoops, you need to be on the page with the data, confidence, interval, sigma unknown, which gives you the T. Again, I'm gonna assume we don't know those. Click in there, and I'm going to select the same data range again. And again, we don't need to finite. I'm just gonna click okay, and we get another tab inserted that gives us the same information. This is identical to the T that we got here, 76, 634, 555, 76, 34, 555. So that's how you do it using the PH step add-in. So I hope this helps.


You know you've been on this team now for a couple years. What exactly is your goal for 2021? Where do you see yourself fitting in? Winter World Series, man. I think that's the goal every single year.  Slide into whenever guys need days off, whether it's Glaver, DJ, Gio, Judgy, wherever it may be. I'm ready for that. I feel like I'm as confident as I've ever been. My mind's there. Physically, I've always been there. So I'm just ready to Winter World Series and get this show going.