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    Back to To the Point

    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

    The full episode

    3 of 3
    Race and the Ballot Box, 50 Years after the Voting Rights Act
    1. 1:38US General Testifies about Kunduz Hospital Bombing
    2. 8:28The Voting Rights Act 50 Years Later: Race and the Ballot Box
    3. 41:33Scandal Shakes the Billion-dollar Fantasy Sports IndustryYou’re reading this
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • KCRW placeholder

      Christine Detz

      Producer, 'To the Point'

    • KCRW placeholder

      Paul von Zielbauer

      Co-founder of Geezer magazine, former producer for To the Point and Which Way LA?; former reporter for the New York Times

    • KCRW placeholder

      Daniel Wallach

      Becker & Poliakoff

      NewsNationalPolitics

    The full episode

    3 of 3
    Race and the Ballot Box, 50 Years after the Voting Rights Act
    1. 1:38US General Testifies about Kunduz Hospital Bombing
    2. 8:28The Voting Rights Act 50 Years Later: Race and the Ballot Box
    3. 41:33Scandal Shakes the Billion-dollar Fantasy Sports IndustryYou’re reading this
    Back to To the Point