Congress putting daily fantasy sports games under scrutiny
WASHINGTON - Congress is conducting a fact-finding mission into the loosely regulated world of fantasy sports games - a multibillion-dollar business that seemingly advertised everywhere during the pro football season.
Lawmakers at a House hearing Wednesday are exploring whether safeguards are needed to protect players in daily fantasy leagues. Most players ending up losing at the hands of better-informed players who often have a technological edge.
States are beginning to enact laws regulating the industry and its dominant companies, DraftKings and FanDuel.
Fantasy sports games involve choosing an imaginary roster of players from different teams, accumulating a score based on the players' performances, and matching up against one or more opponents.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
LSU fans flying high as Tigers advance to CWS finals
Water creeps into Central neighborhoods overnight
VIDEO: Dad, daughter catch teen as she falls from Six Flags ride
Watson residents say new drainage ditches will do more harm than good
EBR Metro Council to vote on parish-wide smoking ban Wednesday