Rival Site News Today

To top $300 million, but then a draft kings employee is accused of using insider information to the win $350,000 on rival site fan duel, and then he is cleared of wrongdoing after an internal site, but that leading to the need for a regulation. and then disney, a definition of a block bbuster redefined. the "star wars" the force awakens it is seen by millions of people on espns "monday night football." >> it is true, all of it. >> fans of all ages going wild for merchandise. and then invading ...

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...

Game around these corporations. if they come up dirty, a lot of fans are going to be really angry and the government as you mentioned is already taking a very close look. >> yeah, and one of the things that these both of these companies have to do it would seem to me at the very least, they have to show demonstrably to the people that pay for their services that their own employees arent essentially using hair information to play. they need to release data are your employees essentially the peop...

Companies have to do it would seem to me at the very least, they have to show demonstrably to the people that pay for their services that their own employees arent essentially using hair information to play. they need to release data are your employees essentially the people that are making a killing on the other rival site? >> and the last point, look, this is not a game of skill. poker requires more skill than doing this. youre just betting on which player might have a good week when a lot of ...

Using their information to play. they need to release data are your employees essentially the people that are making a killing on the other rival site? >> and the last point, look, this is not a game of skill. poker requires more skill than doing this. youre just betting on which player might have a good week when a lot of other people are betting on the same player. youre hoping for market inefficiency. calling this a game of skill is like calling a hot dog vegetarian because nobody knows the c...

Allergies. a possibly huge scandal in the money world of fantasy sports. allegations of insider trading. involving two fantasy companies. draft kings and fan duel. the new york times says a draft kings employee won $350,000 in a week placing bets at the rival site using data from his own company not available to the public. the company issued a response saying nothing is more important than the integrity of the games. they have strong policies in place to ensure there is no misuse from employe...

When you thought nothing could possibly go wrong with your cheerios. we have a major recall. stop eating now. general mills says nearly 2 million gluten free boxes are recalled because they may contain wheat. it affects honey nut and regular. the company is converting five varieties to gluten free. two reports of illness due to wheat allergies. >> when you thought it was safe. a big scandal in the world of fantasy sports. the allegations amount to insider trading. two major fantasy companies. ...

Was caused by an rock slide near the derailment. the train was headed from vermont to washington, d.c. you may want to wait before you take the next bite of cheerios. general mills says nearly 2 million boxes are called because they may contain wheat. the company is converting five varieties of the cereal to gluten free. huge scandal in the money world of fantasy sports. allegations of insider trading involving two fantasy companies. draft kings and fan duel. the report of a draft kings empl...

Combine. real big media companies like our own parent company, time warner, has invested in these companies. time warner put money into fan duel. what happened was, draftkings, the rival site said an employee inadvertently leaked very secret -- >> thats the one that rises our eyebrows. >> the concern here is that anyone who had access to that secret information would have an unfair advantage in the way they pick their team. now, "the new york times" reported this employee also won a lot of money...