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October 17, 2015
Draft kings terms of service says essentially this is a game of skill, this is not gambling, you cant gamble. is that a defense here or is pretty soon will they have to face up to the fact that uncle sam is not only going to want a piece but also want to be able to see what is going on in their server rooms? >> thats their defense, their position, that these are games of chance like you said. but how much skill is really involved and what about the inexperienced user? isnt there also a certain a...
October 16, 2015
Gambling, and they carved out an exemption that talks about fantasy sports. the business model is not gambling, and they based it on this, is it a game of chance or a game of skill? >> it is to you? >> right now the legal precedent is its legal. >> legal as gamble organize legal to do -- >> its legal to do as not gambling. >> such great lawyers counties leave me lost. all die know -- this is something shy disclose -- 21st 21st century fox owns a stock in draft king. >> right there is the point. ...
October 15, 2015
Youve likely seen their ads. this all started when an employee won $350,000 on a rival site. that ones called fan duel after he released data that could have been helpful in crafting a lineup. draft king says he did not have an advantage and since the story broke, both draft kings and fan duel have banned employees from contests. nbcs parent group are among the investors in fan duel. joining me now is brent from "usa today." it appears were in the early stages of this inquiry, but how could this...
October 15, 2015
And the fbi are investigating daily sports sites. they have been contacting draft king customers. the screwed any after a draft king employer had access information. he won $350,000 in a contest with fan duel. no justice! >> no police! >> no race! >> no police! 12 people are in jail after the city hall interenthall. the group of mostly student activists say they were not given a chance to voice their opinion during city council meeting. the family of the family members of "el faro" are sui...
October 6, 2015
Pretty quickly. first of all, this is a $2.5 billion industry and its booming. these advertisements are all over the games and the issue here is the fact that employees at fan duel or draft kings up until late, late last night were allowed to set up lineups and play fantasy football on the competition, in this case an employee for draft king winning $350,000 on fan duel. now, draft kings disputes the allegation that he used quote, unquote, insider information as the "new york times" explains it ...
October 6, 2015
A yellow cab running through it. >> i dont think it would last that long. >> thank you, chris. theres word some of the russian air strikes in syria have a very specific target. american-backed rebels. and one u.s. official says that russia wants to send a message. what might that be? its coming up. plus have you seen all of those fancy sports ads for fan duel and draft king? unless youve been under a digital rock today youve seen theres some hanky panky in the fantasy world. the ones that se...