DraftKings CEO insists company can police itself

http://www.bostonglobe.com/business/2015/10/07/draftkings-ceo-says-fantasy-sports-industry-doesn-need-regulation-ensure-fair-play/EHQ08NHXBIMAXVNhWXfxLO/story.html



Jason Robins, chief executive of DraftKings CEO, spoke at the company’s offices in Watertown.

DraftKings CEO insists company can police itself
By Callum Borchers and Curt Woodward Globe Staff
October 08, 2015

The chief executive of DraftKings Inc. on Wednesday mounted a spirited defense of his company’s handling of a controversial internal data leak, while Massachusetts Attorney General Maura Healey said she will press the two leading fantasy sports operators to take additional steps to protect consumers.

DraftKings cofounder Jason Robins, in his first extensive interview since the data leak, told The Boston Globe that his is “a very ethical company” that sports fans can trust to handle their money and to run fair contests.

The furor in the booming fantasy sports business has centered on a DraftKings employee who prematurely released data on player selections and subsequently won $350,000 playing on rival FanDuel Inc. While Boston’s DraftKings has insisted the events were not connected and the employee did nothing wrong, some contestants and public officials said the episode raised questions about the integrity of the company’s games if its employees had access to information that could give them an edge when playing.

Both DraftKings and New York’s FanDuel on Wednesday said they had banned their employees from playing on rivals’ sites.