Mark Cuban took aim at politicians around the country Wednesday, calling them hypocrites and "absolutely wrong" for their attempts to shut down daily fantasy sports sites in mutiple states.
The Mavericks billionaire owner gave the keynote address at the winter meeting of the Fantasy Sports Trade Association in Dallas, according to USA TODAY, and ranted about legislators' attempts to regulate the industry.
Cuban, who has invested and partnered with Fantasy Labs, a company that crunches fantasy data, compared DFS to owning a team and claimed the stock market is more akin to gambling than selecting a lineup every night with the intention of winning money.
New York, Nevada, and most recently Texas, are among the states that have either successfully shut down daily fantasy sports sites or have attempted to do so under the grounds that they constitute illegal gambling establishments. Arizona, Iowa, Louisiana, and Washington outlaw all forms of DFS. Proponents claim that it is a game of skill, rather than chance, and therefore perfectly legal.
Cuban called on the roughly 400 people in attendance to rally with other like-minded individuals and prevent their local politicians from interfering in the reported multi-billion dollar a year business.
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