Oct 6 2015
DraftKings and FanDuel Under Attack for Employees Insider Trading @FanDuel @DraftKings

DraftKings and FanDuel face questions for ‘insider trading’

Fantasy sports is big business, followed by Yahoo!, ABC ESPN, FanDuel and DraftKings are large with millions of dollars in transactions and millions of members.  DraftKings and FanDuel have been on an advertising blitz to gain marketshare.

One-Week Fantasy Football Leagues For Cash at FanDuel.com

https://twitter.com/SI_Wire/status/651378428625702912

The revealing of potential insider trading by these two sites will certainly affect how people who use the sites will use the sites. Perhaps they are not trustworthy if people who work for the company are using data collected to make decisions and win money.  This is not fair to those who obviously do not have access to this data.

FanDuel, DraftKings ban employees from fantasy sports betting

 

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