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Indeed, DratKings and Fanduel realized you could create a new type of fantasy sports competition that was still explicitly legal but also allowed for regular, c
by ritchiea 11y ago
Indeed, DratKings and Fanduel realized you could create a new type of fantasy sports competition that was still explicitly legal but also allowed for regular, compulsive gambling. It was actually quite clever. The fantasy sports gambling exemption was conceived for year long fantasy sports contests where typical participants bet small sums annually rather than casino like contests that allowed people to bet repetitively.
- nommm-nommm 11y agoPerhaps you can say "exploited a [probably, maybe, unintended] legal loophole."
- ritchiea 11y agoIt's almost certain the Draftkings use case was unforeseen.