LeBron James hammers down a thunderous dunk, and 18,000 fans at the 2016 NBA All-Star Game erupt in a reverberating “Ooohhh!” advertisement advertisement It’s Valentine’s Day at Toronto’s Air Canada Centre, where James, Stephen Curry, Kobe Bryant, and other stars are dazzling the crowd. A-list entertainers, from Drake to Kevin Hart to Jon Stewart, fill the courtside seats, while NBA commissioner Adam Silver monitors the action at half-court a few rows back. But one of the most significant people attending tonight’s game is someone most fans probably don’t recognize, an inconspicuous Irish math geek seated in row nine: Nigel Eccles, the 41-year-old CEO of FanDuel. Over the past year, Eccles has turned FanDuel into the most controversial player in the world of sports entertainment. The company’s web and mobile apps let fans bet real money on rosters of athletes like LeBron and Kobe, from $1 to as much as $10,000 or more. Known as daily fantasy sports (DFS), FanDuel’s approach has exploded in popularity: More than 6 million people have registered to play, and last year, the company doled out $1 billion in winnings. FanDuel has raised more than $360 million in financing, has been valued at more than $1… Read full this story
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“Twisted And Mischaracterized”: How FanDuel’s CEO Is Fighting Back Against Detractors have 277 words, post on www.fastcompany.com at April 18, 2016. This is cached page on Sport News. If you want remove this page, please contact us.