Looks like all that advertising got Congress attention
Representative Frank Pallone cited FanDuel and DraftKings as particularly prominent daily fantasy sites. “Anyone who watched a game this weekend was inundated by commercials for fantasy sports websites, and it’s only the first week of the NFL season,” he said in a statement Monday. “These sites are enormously popular, arguably central to the fans’ experience, and professional leagues are seeing the enormous profits as a result. Despite how mainstream these sites have become, though, the legal landscape governing these activities remains murky and should be reviewed.”Read more at: http://www.nationalreview.com/article/424007/house-democrat-investigate-fantasy-football-sites
Why cant the government just leave us alone.
Lots of "square" people are going to be separated from their deposits to fund the winnings of the big winners and the rake for the sites. I wouldn't say the people who even know FBG exists/post here fall into that category. That is
exactly who DK/FD need signing up and depositing, thus the relentless advertising IMO.
ETA: To add, comparing to sports betting (non-fantasy markets), it's just the format that's different/compliant with the "fantasy loophole." Because it's legal and fantasy/not a game market like a spread or a total # of points scored, people fall under the auspice of "Oh, it's fantasy sports so it's not so bad to dip my toes in." My point being, both are equally as risky, but I think people tread more lightly with game markets because of its demonization, being only legal in Las Vegas in the US for wagering purposes.
I don't see a financial risk of loss difference
at all between DFS and full game sports markets, you can win money or lose your shirt in both. I think DK/FD are playing to the "Fantasy sports are safer" or "everyone does fantasy football" perception aspect with their guerrilla marketing to bring in cash flow, and that frightens me for the average Joe, which is exactly where their square money will come from.
What's good for the goose is good for the gander - Legalize both and educate people on the risk of both DFS and full game wagering, or shut down both. Let's not pretend like they are separate entities from a financial risk perspective, they really are not. DK/FD are "all in" while that thought is not in people's heads and DFS is still legal IMO.