DraftKings CEO explains benefits of daily fantasy sports

To view this site, you need to have Flash Player 9.0.115 or later installed. Click here to get the latest Flash player.

May 20, 2013, 11:15 pm
Print Article

(NECN) - The hottest thing in fantasy sports is the still relatively new daily fantasy games. Some big bucks are now involved.

DraftKings, based in Boston, just received $7 million in venture capital.

That company's CEO, Jason Robins, joined NECN Business to discuss that success.

"Fantasy sports is already a big business. Companies like Yahoo!, ESPN, CBS have been doing it for years. But the problem is even though there are a ton of sports fans, a lot of the fantasy sports market has been limited by the fact that it's such a big commitment."

DraftKings eliminates that limitation by allowing the user to play one day at a time and still have the opportunity to win money.

Watch the attached video for the complete video.

Tags: ESPN, CBS, Fantasy Sports, Yahoo!, NECN Business, DraftKings, Jason Robins
They said their "strong preference" is to have the company's associates return to work
He also reportedly had sexual conversations with several other teenage customers
Scott Brown spoke of Jeanne Shaheen's stance on immigration at HALO Maritime Defense Wednesday in New Hampshire