Fantasy Sports Face Uncertain Future in Wake of Scandal, Federal Investigation & Multiple Lawsuits

Michael Krasny

Dec 2, 2015 at

Save Article

Failed to save article

Please try again

(Scott Olson/Getty Images)

About 57 million North Americans play fantasy sports, where they draft imaginary teams of professional athletes and earn points based on how those athletes perform in real life. But the daily fantasy sites like DraftKings and FanDuel, which focus on a day or week of games rather than an entire season, have recently come under fire. A DraftKings employee has been accused of winning $350,000 based on insider information, and DraftKings and FanDuel are now facing a federal investigation into whether they are essentially online gambling. The New York Attorney General also wants to forbid the sites from taking money from New York residents – a move the two companies are fiercely fighting. We take a look at the nascent world of daily fantasy sports and the debate it has fueled.

Guests:

Curt Nickisch, business and technology reporter, WBUR

I. Nelson Rose, professor of law, Whittier Law School

Peter Schoenke, chairman, Fantasy Sports Trade Association

Sponsored

lower waypoint

next waypoint

First Trump Criminal Trial Underway in New York The Beauty in Finding ‘Other People’s Words’ in Your Own What the 99 Cents Only Stores Closure Means to Californians Bay Area Diaspora Closely Watching India’s Upcoming Election are u addicted to ur phone José Vadi’s “Chipped” Looks at Life from a Skateboarder’s Lens ‘The Notorious PhD’ on How Hip Hop Made America San Francisco Voters Face a Crowded and Contentious Mayor’s Race Who Is Responsible For One of the Largest Internet Hacks Ever?So You Want to Be a DJ?