An inadvertent leak of fantasy football-related data by an employee of a Daily Fantasy Sports (“DFS”) website has triggered a wave of public scrutiny and lawsuits that are likely to have a significant impact on the future of the industry. In this two-part blog post, I will explain Ethan Haskell’s data leak and its immediate…
Tag: Fantasy Sports
Are Fantasy Sports Really “Games of Skill”? Part One
Participation in and betting on fantasy sports has exploded over the past few years. Fantasy sports are defined as any sports competition with imaginary teams where the “participants own, manage, and coach” their teams, with the games “based on statistics generated by actual players or teams of a professional sport.”1 Websites such as Yahoo and…
Playing the Sports Market
Fans of fantasy sports who want to turn their fandom into real life may now have the chance. Sort of. Fantex, an investment company and trading platform, now offers the opportunity to invest in the future earnings of athletes.1 Here’s how it works: an athlete registers with Fantex for an Initial Public Offering (I.P.O.), where…