Did You Play Daily Fantasy Sports This NFL Season? The Government Wants Its Cut.


Fan Duel and Draft Kings, the twin giants of the daily fantasy sports industry, bring in almost $1 billion a year in entry fees. The industry has created controversy, especially in the wake of a potential scandal in which a Draft Kings employee allegedly used insider information to win a $350,000 cash prize on rival company FanDuel's platform.

New York attorney general Eric Schneiderman has been investigating the industry and called daily fantasy a "massive, illegal gambling operation." This is all despite the fact that many forms of state-sanctioned gambling such as horse racing and lotto, the latter of which requires arguably far less skill than sports betting, are legal in the state.

Watch the video above to see how fantasy sports enthusiasts are pushing back against overzealous regulators to keep the activity they love legal.