Ryan Alford

Online gambling has become one of the biggest hidden economies in the world.

Most people have no idea how much of it's happening outside of legal regulated systems.

And many people have no idea whose hands it's truly going into.

Today, I'm sitting down with Ismail Vali, president of Gaming Compliance International and founder of YieldSec, to unpack the scale of unregulated gambling, illegal streaming, prediction markets, and what he calls the gamification of everything.

Ismail, what's up, man?

Welcome to the show.

Thank you very much for having me.

Pleasure to be here.

Where are you from originally?

How do you compare England and the US?

I'm leading the witness a bit.

I've spent a fair amount of time overseas, but I always like to know.

And I don't know if it's some ways you could say a lack of sophistication over time because we're a relatively young country as far as health care and other things.

But the American spirit does sort of push the innovation forward.

Good or bad.

For good or bad.

You ready to take a risk?

Oh, there'll be lots of puns and analysis today as I compare our gambling discussion.

But it's fascinating here in my trading card store in full transparency, because even this industry is getting scrutiny now with especially online purchasing.

It's called breaks, digital packs, things like that.