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Detailed text transcripts for TV channel - MSNBC - 20151007:00:50:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20151007:00:50:00

"nbc sports" and comcast are among the invest in other words fan dual. as of july fan dual and draft kings hit respective evaluations of $1.3 billion and $1.2 billion. they're worg so much money because they figured out a way to let people bet on pro sports legally outside of las vegas. the conceit isn't i'm going to put 25 bucks on the seahawks to beat the lions. instead saying i'm going to pay a $25 entry fee and draft a fantasy team for this week meaning i'll get points for how well the players perform that week and if i have the most points, i can win the best prize. it's gambling on sport...

Detailed text transcripts for TV channel - MSNBC - 20151007:00:55:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20151007:00:55:00

Inadvertently released data from the company's millionairemaker proving he had access to players that could provide an edge, that same week that, employee won a $350,000 prize at fan dual. in a statement released today, draft kings said they had completed a thorough investigation, found out the employee could 0 not have the used the information to make decisions about his lineup. since the data could give player ahigher clans of winning money, $2 billion in prizes this year, this could give employees with access to the data at these companies an incentive to gain advantage over their competiti...

Detailed text transcripts for TV channel - MSNBC - 20151007:00:49:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20151007:00:49:00

$35 on fan dual and won over $2 million. >> fantasy football is almost here. fan dual's leads are paying out $2 billion this year, more money to more winners han any other sight. >> use promo corrode kick to play and get free entry into the grand final. be crowned a millionaire. get to draft kings.com. >> at draft kings we play for grower, for bragging rights for fantasy football supremacy but we also pay for this the giant check. >> i don't know but a few months ago i had never heard of fan dual or draft kings. by now you too have even the ads. i'd say about 90% of the advertising that that i...

Detailed text transcripts for TV channel - MSNBC - 20151007:00:58:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20151007:00:58:00

Cooperstown, why there's no pro team in las vegas. they found a loophole for themselves to profit and that's what makes it so odious. >> that is what's so fascinating about the phenomenon. they're spending a huge amount of money on advertising. they are partnering with everyone and fundamentally what they're doing, it is gambling. >> it's gambling. >> that's what it is. i don't have a problem with that. people can gamble if they want to gamble as long as it's on the up and up. that makes this situation so bizarre is everyone is partnered with them. if a scandal starts to move through this, tha...

Detailed text transcripts for TV channel - MSNBC - 20151007:00:56:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20151007:00:56:00

Look, these companies constitute and have been exposed today as operating a rigged scam designed to separate fans from their money. but it's bigger than just the fact that fan dual and draft kings are unregulated and untaxed operations. it's much bigger than that. it's who their partners are. it's worth knowing that the nba last year announced that they now have an ownership stake in fan dual. draft kings is in a three-year partnership with the national football league and is showering espn with millions of dollars and two nfl owners robert kraft and jerry jones both own stakeses in draft king...