Daily fantasy sports are big business, but are they also illegal?
In the wake of a scandal involving the two biggest DFS websites, DraftKings.com and FanDuel.com, government regulators in a number of states and Washington, D.C., are taking a look at how the games work and whether they should be classified as sports betting – and therefore they would be illegal in most states.
On this week's (abbreviated) edition of the Watchdog Podcast, Watchdog.org editor and in-house gaming expert joins Eric Boehm to discuss how the DFS scandal happened, what it means for the wildly popular games and whether government regulation is really the best thing for consumers who are playing the games.
As Kampis explains, some of the efforts at regulation are really attempts by state governments to force the DFS leagues to pay licensing fees to the state -- or, alternatively, to funnel their customers into state-run casinos instead of independent, online gaming sites.
