Concept. But as daily Fantasy Sports have grown in popularity so have questions about the legality. Thats spurred protest. Most players lose money. A study by sports Business Journal found in the first half of 2015, 91 of baseballs daily fantasy player profits were won by 1. 3 of users. The attorneys general of six states call it gambling or illegal under state laws. Investors like the Dallas Mavericks owner mark cuban say it is a game of skill. We know Fantasy Sports and daily fantasy arent gambling. Period. End of story. Comcast and nbc universal, the Parent Company that produce it is program own a stake in fan duel. Are daily Fantasy Sports skill or gambling . Timothy fong is from the ucla Gambling Studies Program and rick ca are, ro is a sports attorney. Thank you for being here. Is it a game of skill or gambling . Its a game of skill based on my prior history. In the 60s i would send draft picks in the mail to friends. We would play a forerunner of fantasy and frankly 5 of the ent
Weekend. To some of the fans the winner of the real game isnt as important as the outcome of the fantasy games where prizes can be more than a million dollars. Our daily Fantasy Sports just a game or gambling . Thats the cover story. Draft kings and fan duel is largest sites have spent more than 200 million on ads promising big paufs. Users compete trying to pick the best player for the virtual team. The winner is determined by the player stat that is day and a cash prize is awarded. Nearly 57 Million People in the United States and canada play Fantasy Sports. Up nearly 90 since 2008. Professional sports leagues and Big Companies invested in the concept. But as daily Fantasy Sports have grown in popularity so have questions about the legality. Thats spurred protest. Most players lose money. A study by sports Business Journal found in the first half of 2015, 91 of baseballs daily fantasy player profits were won by 1. 3 of users. The attorneys general of six states call it gambling or il
Now, becky quick. More than 150 Million People around the world are expected to watch the broncos and the panthers in the super bowl this weekend. To some of the fans the winner of the real game isnt as important as the outcome of the fantasy games where prizes can be more than a million dollars. Our daily Fantasy Sports just a game or gambling . Thats the cover story. Draft kings and fan duel is largest sites have spent more than 200 million on ads promising big paufs. Users compete trying to pick the best player for the virtual team. The winner is determined by the player stat that is day and a cash prize is awarded. Nearly 57 Million People in the United States and canada play Fantasy Sports. Up nearly 90 since 2008. Professional sports leagues and Big Companies invested in the concept. But as daily Fantasy Sports have grown in popularity so have questions about the legality. Most players lose money. A study by sports Business Journal found in the first half of 2015, 91 of baseballs
The room why the former olympian shot and killed his girlfriend, reeva steenkamp. With the verdict in the case now less than 24 hours away. Brutal night for bieber, Justin Bieber appears at a fundraiser and is booed before, during, and after. Today wednesday, september 10th, 2014. From nbc news, this is today. With matt lauer and Savannah Guthrie, live from studio 1 a in rockefeller plaza. Welcome to today, wednesday morning, im matt lauer. Have you ever had this situation, someone comes with an idea and you say youre kidding, right . Well, actually were not kidding. This is going to be a lot of fun. We have never, as this group nope. Ever started together at the 7 00 hour of this show. Get used to it. What did you really think . I loved it. You did . Wed be his angels. Thats right. After i very bad feeling about this. I want to be on the record. Maternity week we begin with kathy lee and hoda. We kept it totally clean in the cuts. Yeah. Were sorry that Barbara Walters couldnt make it.
Employment report. The bailout trail back in court. Bernanke, paulson, geithner expected to take the stand this week. A live report from washington. And bitcoin loses a fifth of its value over the weekend. Well explain why and what it can mean now for future of a controversial crypto currency. First up, shares of hewlettpackard jumping in the premarket. Confirming the company will split itself into two publicly traded companies. Services businesses take the name hewlettpackard enterprise. Davids going to have a live interview with hps chairman and Ceo Meg Whitman in moments from now. Well find out when this all began and why they couldnt have done this a few years ago. A lot more detail. You know, carl, for broader takeaways here, it is interesting focus on of course following announcement from ebay last week, and you know connection between these two companies, john donohoe taken over from meg whitman as ceo at ebay. And also in the interview i did with him last week, citing so many o