Nevada Shuts Down Fantasy Sports Sites

03:45

October 16, 2015

DraftKings employees work at their desks in Boston. (Stephan Savoia/AP)

Nevada regulators have decided that daily fantasy sports companies like DraftKings and FanDuel are gambling operations and cannot operate legally in the state without a gambling license.

This is another blow in the ongoing controversy over a growing fantasy sports betting industry that's seen some employees make a lot of money - allegedly with insider information.

Mike Regan of Bloomberg News joins Here & Now's Jeremy Hobson to discuss the ruling.

Guest

Mike Regan, Bloomberg News. He tweets @Reganonymous.

This segment aired on October 16, 2015.