A major scandal is erupting in the multibillion-dollar industry of fantasy sports, the online and unregulated business in which players assemble their fantasy teams with real athletes. On Monday, the two major fantasy companies were forced to release statements defending their businesses’ integrity after what amounted to allegations of insider trading, that employees were placing bets using information not generally available to the public.
The statements were released after an employee at DraftKings, one of the two major companies, admitted last week to inadvertently releasing data before the start of the third week of N.F.L. games. The employee, a midlevel content manager, won $350,000 at a rival site, FanDuel, that same week.
“It is absolutely akin to insider trading,” said Daniel Wallach, a sports and gambling lawyer at Becker & Poliakoff in Fort Lauderdale, Fla. “It gives that person a distinct edge in a contest.”
The episode has raised questions about who at daily fantasy companies has access to valuable data, such as which players a majority of the money is being bet on; how it is protected; and whether the industry can — or wants — to police itself.
Bergen Record Continues Christie Smear Campaign :Sorry but the Whole Point of Agencies like the Port Authority is POLITICAL PATRONAGE
Any thing you can say about Christie you can say about any Governor since the Port Authority was established
Again we ask WHERE HAVE YOU BEEN THE LAST 40 YEARS ?
The Tolls are $13 dollars to cross the GWB and not a word was spoken?
The Port Authority has been the dumping ground for politicians on the run since its inception including Jerry Speziale, the former Passaic County sheriff . MacGreevey , Cozine , Cuomo have all made political based appointments to the Port authority
Again We are not defending Christies actions or inaction’s but as a commuter sitting in traffic 5 days a week we are more than outraged at the total disregard for the public until some politician gets inconvenienced .
Analysis: Christie’s approach on Port Authority different than his handling of other agencies
Saturday, January 25, 2014 Last updated: Sunday January 26, 2014, 12:30 AM
BY JOHN REITMEYER
STATE HO– USE BUREAU
The Record
Chris Christie launched his first term as governor in 2010 by putting pressure on what he said was New Jersey’s “shadow government” of unelected authorities, boards and commissions. He vetoed a $5 million contract at one agency. He rejected a $1.27 million change order at another. And he even said no to a $37,500 lobbying deal.
Does anyone else think its hysterical that someone from Hudson County would call anyone a crook?
Bridgeaplooza :The scandal is MSNBC
BY JENNIFER RUBIN
January 18 at 7:00 pm
The bridge scandal started out as a test for New Jersey Gov. Chris Christie (R). Now it has become a test for the media. MSNBC, which long ago stopped being a news outlet in the sense of going out to find facts and is largely indistinguishable from Democratic Party talking points, has been going 24/7 since the bridge story broke. No surprise. But then Saturday MSNBC decided to throw even the pretense of journalism overboard.
Hoboken Mayor Dawn Zimmer speaks to the media in 2009. (Mel Evans/Associated Press)
It ran with a claim from Mayor Dawn Zimmer of Hoboken claiming Christie withheld Sandy relief funds to gain approval for a business development. Christie’s office put out a quick denial of the allegations, as did the developers. MSNBC says the mayor has a personal diary that corroborates her claim — a diary that has yet to be released, reviewed or verified. Rather than, you know, investigate the story, MSNBC threw it out on the air hoping others would follow. The Hill had the good sense to note this mayor had changed her story from earlier claims that the funds were denied for not backing him for governor.
Then Saturday afternoon Christie’s team had enough. It put out a written statement:
MSNBC is a partisan network that has been openly hostile to Governor Christie and almost gleeful in their efforts attacking him, even taking the unprecedented step of producing and airing a nearly three-minute attack ad against him this week. Governor Christie and his entire administration have been helping Hoboken get the help they need after Sandy, with the city already having been approved for nearly $70 million dollars in federal aid and is targeted to get even more when the Obama Administration approves the next rounds of funding. The Governor and Mayor Zimmer have had a productive relationship, with Mayor Zimmer even recently saying she’s ‘very glad’ he’s been our Governor. It’s very clear partisan politics are at play here as Democratic mayors with a political axe to grind come out of the woodwork and try to get their faces on television.
In short, the Hoboken mayor has been all over the place, claiming different things have been for retribution. With no correspondence or other documented communication with the governor, we’re supposed to take a personal diary that could have been written at any point in time as reliable? A professional news operation must be more than simply a bulletin board for partisans.
The scandal is MSNBC
BY JENNIFER RUBIN
January 18 at 7:00 pm
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The bridge scandal started out as a test for New Jersey Gov. Chris Christie (R). Now it has become a test for the media. MSNBC, which long ago stopped being a news outlet in the sense of going out to find facts and is largely indistinguishable from Democratic Party talking points, has been going 24/7 since the bridge story broke. No surprise. But then Saturday MSNBC decided to throw even the pretense of journalism overboard.
Hoboken Mayor Dawn Zimmer speaks to the media in 2009. (Mel Evans/Associated Press)
It ran with a claim from Mayor Dawn Zimmer of Hoboken claiming Christie withheld Sandy relief funds to gain approval for a business development. Christie’s office put out a quick denial of the allegations, as did the developers. MSNBC says the mayor has a personal diary that corroborates her claim — a diary that has yet to be released, reviewed or verified. Rather than, you know, investigate the story, MSNBC threw it out on the air hoping others would follow. The Hill had the good sense to note this mayor had changed her story from earlier claims that the funds were denied for not backing him for governor.
Then Saturday afternoon Christie’s team had enough. It put out a written statement:
MSNBC is a partisan network that has been openly hostile to Governor Christie and almost gleeful in their efforts attacking him, even taking the unprecedented step of producing and airing a nearly three-minute attack ad against him this week. Governor Christie and his entire administration have been helping Hoboken get the help they need after Sandy, with the city already having been approved for nearly $70 million dollars in federal aid and is targeted to get even more when the Obama Administration approves the next rounds of funding. The Governor and Mayor Zimmer have had a productive relationship, with Mayor Zimmer even recently saying she’s ‘very glad’ he’s been our Governor. It’s very clear partisan politics are at play here as Democratic mayors with a political axe to grind come out of the woodwork and try to get their faces on television.
In short, the Hoboken mayor has been all over the place, claiming different things have been for retribution. With no correspondence or other documented communication with the governor, we’re supposed to take a personal diary that could have been written at any point in time as reliable? A professional news operation must be more than simply a bulletin board for partisans.
