Nevada regulators have decided that daily fantasy sports companies like DraftKings and FanDuel are gambling operations and cannot operate legally in the state without a gambling license.
This is another blow in the ongoing controversy over a growing fantasy sports betting industry that’s seen some employees make a lot of money – allegedly with insider information.
Mike Regan of Bloomberg News joins Here & Now‘s Jeremy Hobson to discuss the ruling.
Guest
- Mike Regan, Bloomberg News. He tweets @Reganonymous.
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