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Transcripts For CNBC On The Money 20160206

More than 160 Million People around the word rare expected t watch the broncos and the panthers. But for some people, the outcome is not as important as their fantasy game. Are fantasy games a sport or just gambling . Draftkings and fanduel have spent more than 200 million on ads based for big payouts. A player tries to pick a winner for their team, a cash prize is awarded. Nearly 57 Million People in the United States and canada play Fantasy Sports, thats up nearly 90 since 2008. Professional sports leagues and Big Companies have invested big time in the concept. But so have questions about legality and that spurred protests. Most players lose money. A study found that in the first half 20615, 91 of baseball daily fantasy player profits were won by just 1. 3 of users. The attorneys general of six states have declared daily fantasy games a form of gambling or illegal under state laws. But investors like mark cuban say it is a game of skill. We know that Fantasy Sports and daily fantasy

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