FanDuel CCO Mike Raffensperger joins TheStreet to discuss how the company and sports leagues are able to keep the integrity of games intact.
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00:00 The FanDuel and its competitors now have very public, very well-known partnerships with
00:04 NFL alums, the superstars of the game.
00:07 How do you ensure to fans and to bettors alike that the integrity of the game still remains
00:12 intact?
00:13 For anyone who may be a little bit skeptical, understanding that the leagues like the NFL
00:17 were skeptical themselves for so long until this kind of switch went off a few years ago,
00:21 and now it seems as if the league is all in.
00:23 Yeah, look, we deeply appreciate our official partnership with the NFL, the NBA, the MLB,
00:29 and you're right, they were skeptical, and for good reason.
00:31 And frankly, one of the reasons I'm such a proponent of legalized, regulated sports betting
00:37 is because we take things like integrity quite seriously, and we have very active protocols
00:41 in partnership with the NFL to monitor it, versus prior to legalization in the United
00:45 States, I will simply say your local bookie or some of the offshore accounts that people
00:50 are illegally sort of running and many, many, many hundreds of billions of dollars of handle
00:55 were run through them.
00:57 They did not have partnerships with the NFL where they were trading betting information
01:00 to look at integrity concerns.
01:01 That's something that we do all the time, and is a huge part of, again, why we value
01:05 our partnership with the league and why I believe regulated sports betting is the right
01:09 path for America.
01:10 [BLANK_AUDIO]