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Very doubtful. Too much money and too many jobs at stake. lIn fact it wouldn't shock me if these fantasy sites dont already have a strong lobby presence lining the politicians pocket to prevent this from happening.
Not really. If the DOJ and NY AG probes uncover fraud I don't think the industry survives. What is it worth now? A couple billion? Small potatoes considering the scrutiny the exemption will get.
I don't think there's all that many jobs at stake. I believe Fan Duel had 80 employees as of last summer and Draft Kings is around 200 currently.
I don't play dfs but if they declare all fantasy sports gambling, we can likely kiss our league hosting services goodbye.
I'm not sure. I think they would be fine as long as they don't also have ways to collect money.
I don't think this would effect hosting sites at all. What it might effect would be things like contests the sites hold for money. The MFL 10s for example. Also could effect the sub contest FBG offers as well. Anything with money involved. But just a hosting site itself would have no effect. If I and my buddies exchange money on the side (legal or not) that's not anything that can be stopped.Pipes said:
seriously. This is going down just like online poker. People are going to wake up to everything frozen.
I still have fun with it. If I lost the few hundred I have in there, it's not the end of the world.I do think though,that if anyone gets a big score, they should definitely withdraw most of it immediately.
dont get me wrong it's not about having fun....if you are knock yourself out...just saying don't have anything in there you're not willing to lose.
No, not the end of the world...
How so? Someone is going to steal your money despite all the warning signs being there, that it may not be there when you wake up.
How so? More like "how so will it be stolen?" Explain. So everyone's money will just be gone?
You the new expert?So much delusion in this thread from people who have no idea how the DFS industry works
Please enlighten us.So much delusion in this thread from people who have no idea how the DFS industry works
NY Times, Deadspin, and now the original report from the Wall Street Journal:
http://www.wsj.com/articles/fbi-justice-department-investigating-daily-fantasy-sports-business-model-1444865627
In Louisiana there is a state constitutional provision banning gambling, however nonetheless the state supreme court a few years back now said that casinos are "Gaming" but not "gambling." Gambling is banned but "gaming" is not. Bizarre, of course it was totally politically (ie $$$) driven. And yet in LA you cannot play DFS / daily FF because it's considered gambling but you can go to a casino.
When the government cracked down on online poker people's accounts were frozen and they couldn't cash out until a few years later.
He makes some good points on the gambling front, but one of the bigger questions is how many viewers and how much advertising revenue has the NFL gained as a result of fantasy football and DFS, and how much would it lose without it? I personally would completely stop watching most, if not all of the games, and would have very little interest in it. As a long suffering Lions fan, there would be no point to it. It would turn into the NBA, NHL, MLB for me. Completely boring except for a few marquee matchups and playoff games here and there.
The NFL has fantasy to think for their record TV numbers IMO. Sure, I would still watch some of the bigger matchups, but I don't think I would care much about late season Browns/Jags Thursday night games if it wasn't for fantasy. Alot of people would just watch their team's game like people do for the other sports. Now, I think they would be fine without DFS. But if interest in seasonal fantasy starts to wain, then they will see a decrease in viewers.
My motto when playing week to week is "somebody gotta win". Thankfully I have self control because I can see how this could get out of hand for people.
I keep $20-$40 in there. It's a nice service for private leagues with my friends. The site gets ~$5 from us per week. Maybe ill enter a 50/50 here or there. Never enter a tournament unless it's capped at one entry per player. Even then it's 1or 2bucks max. Multi entry tourneys seem to be where the scumbags can take advantage of their insider info.
I'm sure the govt. is going to steal all the money sitting in people's accounts
seeing how these DFS sites are already deemed perfectly legal to begin with. If anything happens it would be the sites are found to be illegal going forward, the sites are shut down and everyone retains whatever money they have in their account with it being refunded. This isn't some offshore casino we are talking about. It's not like these guys are going bankrupt. Get a clue and stop with your paranoid delusions.
It might take some time but I think they will eventually have to completely rewrite the lines on this and be very specific all the way down the list. I can see it impacting a lot of these things, sites like MFL included (such as they can't partner with the dfs guys, sponsor contests, etc).BusterTBronco said:
why
It was a little surprising since pro leagues stayed away from anything gambling related for a long time. But the NFL will get in bed with anyone for money. Honestly I hope they all get shut down so I don't have to see their ads anymore.
Seemed reckless and so whole-hearted. Draft King zones? In stadiums? Why this and not just regular ff? It was regular ff that really was fuelling the sport's growth. DFS was the new kid.
No money exchanges hands through the season long platforms. I don't think many on this board want these shut down just some controls in place that's all.
I can live without both if it had to be. I just dislike dfs because it has a very shady feel to it and they run commercials too much.
