Thursday, October 15, 2015

Gambling/Fantasy companies being investigated by FBI.

Image result for robert stack as eliot ness
Robert Stack as Eloit Ness in the Untouchables TV show
Gambling/Fantasy companies being investigated as sports leagues hide. I wrote about this months ago but was ignored. Wednesday, October 7, 2015

Summary of my posts on Gambling/Fantasy companies and the obvious greedy hypocrisy of leagues and networks was in my previous post:

____________________

The feds are after them now.

Fantasy Sports Said to Attract F.B.I. Scrutiny
By JOE DRAPE and JACQUELINE WILLIAMS OCT. 14, 2015 The New York Times

Major League Baseball and the National Basketball Association, along with networks such as NBC, Comcast and Fox and the team owners Robert K. Kraft of the New England Patriots and Jerry Jones of the Dallas Cowboys, are among the investors in the sites...

Sports Business Daily found that over the first half of this year’s Major League Baseball season, 91 percent of player profits in daily fantasy sports were won by just 1.3 percent of the players. In fact, the top 11 players on average paid $2 million in entry fees and made $135,000 in profit while accounting for 17 percent of all entry fees.

Many of the professionals use automated processes that let them change hundreds, if not thousands, of lineups in seconds, a decided advantage when last-minute changes are made in the lineups of real football, basketball or baseball teams.

______________________

No comments: