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To the Point

Scandal Shakes the Billion-dollar Fantasy Sports Industry

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.

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By Warren Olney • Oct 6, 2015 • 10m Listen

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

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

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    Katie Cooper

    Producer, 'One year Later'

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    Christine Detz

    Producer, 'To the Point'

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    Paul von Zielbauer

    Producer, 'To the Point'

  • KCRW placeholder

    Daniel Wallach

    Becker & Poliakoff

    NewsNationalPolitics
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