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Transcripts For WHDH On The Money 20160206

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. Thats spurred protest. Most players lose money. A study by sports business 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

Transcripts For WDBJ On The Money 20160206

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 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. 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 entire industry is the d

Transcripts For KWWL On The Money 20160207

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 p pze 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 h hf 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. 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 dail

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

Transcripts For WESH On The Money 20160206

This is on the money, your money, your life, your future. 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. Grown in popularity so have questions about the legality. Thats spurred protest. Most players lose money. A study by sports Business Journal

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