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  • yoteach

    • Blogger of the Month

    In an effort to keep everyone up to date on continuing legislative efforts across the country, I thought I’d post and let everyone know that the Committee on Governmental Organization for the California General Assembly will hold an informational hearing on Daily Fantasy Sports tomorrow in Sacramento.

    I was invited by Steve Miller of the Daily Fantasy Sports Players Alliance to testify alongside Cory Albertson.

    In case you are curious as to those on the committee, the hearing was organized and called by the chair, Adam Gray, who has proposed a bill to regulate DFS and is also a proponent of online Poker. The committee also includes Marc Levine, the assemblyman who sent the letter to Attorney General Kamala Harris calling for a DFS ban, so it should be a really interesting hearing.

    If you have not done so already, click the DFSPA link above and join the alliance. It’s free to join, and by banding together, we are certainly stronger.

  • yoteach

    • Blogger of the Month

    I just received the agenda from Steve, and in addition to the three of us who are listed above, there are some heavy hitters who will be speaking, including executives from the Clippers, LA Kings/AEG, & Warriors.

    Industry representatives include counsel for FanDuel and DraftKings, and Fantasy Aces is represented by Tom Frisina (COO). Peter Schoenke, Chairman for FSTA, is listed as well. Also, Martha Coakley (former Attorney General for Massachusetts) is listed as speaking as counsel on behalf of DraftKings.

    I’ll try to post an update late Wednesday night.

  • DCoop328

    Great Job YoTeach I believe you Peter, and Cory all did a great job representing our industry.

    On the negative note what in the hell is wrong with this BetAmerica CEO dude. He is actually trying to sabotage the industry but I do not know the reason for. He talked about how he has implemented Fantasy Horse Racing and basically mocked the rules of different races = different contests so it should be legal. He then went on to talk about how BetAmerica just uses DFS as a marketing tool… yes you heard me right A MARKETING TOOL to get young players into paramutual horse race betting because he says it uses the same skills. He then went on to talk about how he wishes that CA does not give tough verification because it is a turn off and he has learned about it with his horse racing experience. Honestly GTFO with this horse racing garbage. I am a DFS player, this was a DFS convention, and I think I speak for many others in saying I am a sports fan, not a gambler and have absolutely no interest in horse racing while having tons of interest in DFS. Honestly GTFO.

    DC

  • Mikey1508

    I’m 27 and I’ve never known a single person who has ever bet on a horse race in my life. I don’t even know who does it anymore.

  • katho54

    I love horse racing and do much better at it ,than I do on DFS…..And yes DFS is gambling

  • yoteach

    • Blogger of the Month

    @DCoop328 said...

    Great Job YoTeach I believe you Peter, and Cory all did a great job representing our industry.

    On the negative note what in the hell is wrong with this BetAmerica CEO dude. He is actually trying to sabotage the industry but I do not know the reason for. He talked about how he has implemented Fantasy Horse Racing and basically mocked the rules of different races = different contests so it should be legal. He then went on to talk about how BetAmerica just uses DFS as a marketing tool… yes you heard me right A MARKETING TOOL to get young players into paramutual horse race betting because he says it uses the same skills. He then went on to talk about how he wishes that CA does not give tough verification because it is a turn off and he has learned about it with his horse racing experience. Honestly GTFO with this horse racing garbage. I am a DFS player, this was a DFS convention, and I think I speak for many others in saying I am a sports fan, not a gambler and have absolutely no interest in horse racing while having tons of interest in DFS. Honestly GTFO.

    DC

    Thanks, man.

    That was indeed a very strange testimony from the BetAmerica guy. For those curious, he spoke during the additional testimony phase of the hearing.

  • yoteach

    • Blogger of the Month

    @katho54 said...

    I love horse racing and do much better at it ,than I do on DFS…..And yes DFS is gambling

    I wish we did not have to argue the nuance, but unfortunately as the law is currently written in this country, we do. Yes, there is an element of chance involved, and yes, you are risking money in the endeavor; but, there is also a significant element of skill involved that in my opinion precludes DFS from being lumped into being labeled “gambling” and strictly a “game of chance.”

  • yoteach

    • Blogger of the Month

    For those curious, I did some live tweeting (@yoteach7) during the hearing. I’ll try to post a summary tomorrow, but in the interim, I will say that I thought the hearing overall went really well. Even the one outspoken critic on the committee, Marc Levine, seemed genuinely interested in moving forward with regulation. Of course, Levine has also called on Attorney General Kamala Harris to shut down DFS until such legislation is passed, and he made a point of using the term “sports betting” (referring to DFS) in almost every question that he asked. The AG is certainly a wildcard, and I did not talk with anyone today who has any real sense of what/when/how she might get involved in the discussion.

    I was really honored to be invited to speak for players alongside Cory Albertson (rayofhope). Cory is a fabulous Ambassador for DFS in general and DFS professionals in particular. I hope I did justice in representing the casual player. Thanks goes to Steve Miller of the DFS Player’s Alliance (DFSPA) for getting players on the agenda and inviting me and Cory to speak. Steve and Drew’s lobbying experience from the Poker world are invaluable for DFS. You’ll be hearing a lot more from Steve and DFSPA, as he is committed to building a grassroots alliance of players who can mobilize and let we the players’ voices be heard by both state legislatures and the sites themselves. Reach out to Steve if you are interested in getting involved, as the projection is for legislative/regulatory hearings on DFS to take place in 20 states next year.

  • TheJBaum

    For those interested you can watch the entire informational hearing at this link:

    http://calchannel.granicus.com/MediaPlayer.php?view_id=7&clip_id=3254

  • DCoop328

    @TheJBaum said...

    For those interested you can watch the entire informational hearing at this link:

    http://calchannel.granicus.com/MediaPlayer.php?view_id=7&clip_id=3254

    Testimony begins at 2hours 40 minutes for anyone looking to watch it.

  • yoteach

    • Blogger of the Month

    @TheJBaum said...

    For those interested you can watch the entire informational hearing at this link:

    http://calchannel.granicus.com/MediaPlayer.php?view_id=7&clip_id=3254

    Thanks for that link. Since we do have the feed linked here, I think it’s better that you listen rather than me summarizing, as my notes will not be as accurate as the actual words.

    For those interested, the players portion of the panel starts at 02:10:00 with Steve Miller of the DFSPA, Cory Albertson’s testimony begins at 02:18:03, and mine begins at 02:22:34. After my testimony, there is a rather interesting Q&A. I do not believe the first two Assemblymen who spoke had previously asked any questions at the hearing. The final set of questions came from Marc Levine, and although he praised Cory for what he does, he did continue to refer to DFS as “sports bets.” I love that Cory did not take the bait and phrased his answer as “entry fees” instead.

  • yoteach

    • Blogger of the Month

    @yoteach said...

    On the negative note what in the hell is wrong with this BetAmerica CEO dude. He is actually trying to sabotage the industry but I do not know the reason for. He talked about how he has implemented Fantasy Horse Racing and basically mocked the rules of different races = different contests so it should be legal. He then went on to talk about how BetAmerica just uses DFS as a marketing tool… yes you heard me right A MARKETING TOOL to get young players into paramutual horse race betting because he says it uses the same skills. He then went on to talk about how he wishes that CA does not give tough verification because it is a turn off and he has learned about it with his horse racing experience. Honestly GTFO with this horse racing garbage. I am a DFS player, this was a DFS convention, and I think I speak for many others in saying I am a sports fan, not a gambler and have absolutely no interest in horse racing while having tons of interest in DFS. Honestly GTFO.

    Note. Quote above from DCoop328 (I made the mistake of double-quoting, which attributed it to me)

    After re-listening to the gentleman from BAM Software and BetAmerica’s testimony, I have a different take. I think he actually provided a pretty strong voice in support of DFS. Why? He highlighted how they are a successfully regulated online gaming enterprise that has worked under California law. Many of the same regulatory steps that they have taken will likely be ones taken by DFS (geo-location already in place). His mention of target marketing to “young” (poor choice of words) DFS players as sharp analytical minds who might also be drawn to horse racing was what threw everyone off, but I think he was ultimately trying to point out that hurting DFS will hurt an already regulated existing industry in CA. I think the choice of words was likely due to the horse racing industry being awfully concerned about their aging demographic (just as casinos are concerned about the same for slots). I also thought he made a good point that over-bearing regulation will stifle small business operations for DFS and encouraged the committee to not go in that direction.

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