MediaFile

Charlie Ergen’s Management Theory: Dumb & Dumber and Seinfeld

YouTube Preview Image Some executives quote philosophers like Plato or legendary coaches such as Vince Lombardi. But not Charlie Ergen; that’s far too high-brow for him. The Dish Network chairman seems to get his theories on management from television and movie comedies.

Just a few quarters after he described Dish’s wireless situation as a “Seinfeld Strategy” (it may not seem clear now but it’ll make sense in the end), the Dish chairman gave a shout out to the Jim Carrey and Jeff Daniels 1994 classic comedy “Dumb and Dumber” on Thursday. When asked by an analyst whether Dish would receive government approval to use its wireless assets, Ergen said:

“I’m hoping. You know that Dumb and Dumber line? I think there is a chance.”

The scene he is referring to is posted above.

Ergen, who has played poker and blackjack professionally, also made some analogies to wagering on Thursday. When asked about the odds of the FCC approving the company’s application for wireless spectrum he said:

“I would go broke betting on Washington. I’m about 0-for-100 in Washington.”

Could Zynga gamble with friends?

Investors were salivating on Friday at the prospect of Zynga breaking into online gambling. The company said it is in “active conversations with potential partners” to try and figure out the market, which sent its shares up 7 percent.

Last month, the U.S. Justice Department declared that only online betting on sports is unlawful, setting the stage for some U.S. states to legalize online gambling.

Melissa Riahei, general counsel at the online gaming company, U.S. Digital gaming, said Zynga would not be able to enter the $35 billion online casino market on its own. If Internet gaming is legalized, Zynga would have to partner with an operator that could get a license for Internet gambling, like a casino, and have to figure out which states it can work in.