The betting industry faces structural change as “agentic” AI systems begin removing the technical barriers that once protected operators.
Autonomous models that can execute multi-step tasks without constant human input are accelerating product development and lowering the cost of building gaming platforms.
This was the focus of a recent episode of the Business of Betting Podcast, where host Jeff Fedlestein interviewed Michael “Mando” Anderson, former Wall Street trader and co-founder of crypto casino Yeet.
Anderson argued that the sector is underestimating how quickly tools such as ChatGPT from OpenAI and Claude from Anthropic are evolving into systems that can build apps, structure workflows and solve technical problems with limited oversight.
If AI can generate code, automate compliance processes and deploy front-end products rapidly, proprietary tech stacks may lose strategic value. Anderson suggested that within months, launching a gaming product could require far less engineering resources, shifting competition toward speed, distribution and brand trust.
The discussion also examined changes in crypto casino models. Anderson said the era of anonymous founders is ending as users demand accountability. Yeet has adopted a fully “doxxed” structure, using founder reputation to build trust and attract high-value customers.
More broadly, Anderson linked the rise of speculative platforms to economic pressure on younger consumers. Assets such as meme coins and prediction markets are increasingly treated as financial opportunity. He criticised meme coin markets, claiming win rates are extremely low, creating repeated loss cycles in pursuit of outsized gains.
Looking ahead, Anderson expects further convergence between crypto platforms and traditional finance as digital payments expand.
However, he maintained that as AI standardises product quality, competitive advantage will move away from infrastructure and toward leadership credibility, customer experience and brand strength.
