Are Daily Fantasy Sports Gambling or Skill-Based Contests? [Poll]

October 23, 2015

12:09 am

For those of you sports fans out there, you may have noticed that daily fantasy sports sites FanDuel and Draft Kings have exploded onto the scene this season with huge investors and brands behind them (e.g. MLB, NFL, Fox Sports, The Kraft Group, etc). In 2006 lawmakers signed the Unlawful Internet Gambling Enforcement Act which enabled “skill-based” contests, opening the door for daily fantasy sports. Last week, the Nevada Gaming Control Board decided that daily fantasy sports is in fact gambling and requires a gaming license, shutting them down in Nevada as 5 other states had previously.

Do think daily fantasy sports sites like FanDuel and DraftKings should be treated like online gambling or are they skill-based contests? Take the poll below.

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Frank Gruber is the cofounder, CEO and Executive Editor of Tech.Co (formerly Tech Cocktail). He is the author of the book, Startup Mixology, Tech Cocktail’s Guide to Building, Growing, and Celebrating Startup Success. He is also a startup advisor and investor to startups. Find Frank Gruber online and follow him on Twitter at @FrankGruber.

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