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  • Ross

    DraftKings Statement – 10/7

    http://playbook.draftkings.com/uncategorized/draftkings-statement-1072015/ (Text below)

    “As a leader in the Daily Fantasy Sports industry, we take the trust of our community very seriously and remain fiercely committed to the integrity of DraftKings’ Daily Fantasy Sports product.

    Effectively immediately, DraftKings employees will be permanently prohibited from participation in any public daily fantasy games for money. We will also prohibit employees from any Daily Fantasy Sports contest operator from participating in games on DraftKings. We are glad to see that others in the industry have followed suit and believe that this is an important next step in retaining the trust of our players.

    DraftKings has engaged a legal team from Greenberg Traurig, led by former United States Attorney John Pappalardo, to review our findings and conduct an investigation specific to the allegations against one of our employees. We will release the summary of those findings upon completion.

    Furthermore, in order to maximize the integrity of our product and the protection of our players, we have been working with Greenberg Traurig to advise us on ensuring that our policies and practices are second to none.

    DraftKings’ explosive growth is a testament to our ability to deepen our fans’ engagement with the sports they love. We are committed to reinforcing the trust and security of our millions of loyal customers.”

  • Starsprophet

    • 2015 NASCAR Live Finalist

    DFS is not going to be made illegal or any funds seized due to these allegations. In fact, DFS remains legal due to its classification as a “game of skill.” Having knowledge of purchase percentages ahead of the general public would only be useful if DFS is indeed skill based. In essence, the fact that these allegations are even an issue is proof that DFS is, inherently, a skill and information based game, thus rendering it solidly legal.

  • AtGame7

    @tonytone1908 said...

    I don’t understand how knowing ownership percentages or certain players lineups would help someone to win? By picking all players you know are lower owned? Isn’t there a reason they are low owned in the first place? But besides that these players still have to do well or it wouldn’t matter at all. Variance is still a bitch.

    I would imagine having access to all the top players lineups prior to a contest starting would be a tremendous advantage.

    I have to think even I could exploit an edge like that.

  • deejones49

    @AtGame7 said...

    I would imagine having access to all the top players lineups prior to a contest starting would be a tremendous advantage.

    I have to think even I could exploit an edge like that.

    I would find a way to lose with that info

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