How DraftKings Turns Fantasy Sports Into Real Money

The video discusses DraftKings, a fantasy sports platform offering daily games with cash prizes. It contrasts the simplicity of DraftKings with traditional fantasy leagues, which require ongoing management. DraftKings recently expanded into new sports like soccer and raised $41 million for further growth. The legality of fantasy sports is addressed, emphasizing that they are games of skill, which are legal in the U.S.

What is the main feature of DraftKings that differentiates it from traditional fantasy sports leagues?

• Games last for a whole season

• Games last just one day

• Players can only participate in football

• Players must pay a subscription fee

What is one reason Antoine finds traditional fantasy football leagues complicated?

• The high cost of participation

• The lack of competition

• The limited number of sports available

• The need to constantly trade players

How much funding did DraftKings recently raise to expand their product?

• $100 million

• $10 million

• $25 million

• $41 million

Which new sport did DraftKings recently launch following the World Cup?

• Basketball

• Soccer

• Baseball

• Tennis

Why are fantasy sports considered legal in the United States?

• They are free to play

• They are regulated by the government

• They are games of skill

• They are games of chance