Scandal Shakes the Billion-dollar Fantasy Sports Industry

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Fantasy sports are one of the world's largest forms of legalized gambling. They're run by very few companies making a lot of money by charging fees to anyone who wants to field make-believe teams. Now an insider-trading scandal is putting billions of dollars at stake. Daniel Wallach  is a Florida attorney with the firm of Baker & Poliakoff. A specialist in sports and gaming law, Wallach says the insider-trading scandal may lead to federal regulation.

Photo: Hay Thompson

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Warren Olney