Unsurprisingly, Dallas Mavericks owner Mark Cuban doesn’t agree with the opinion issued by Texas Attorney General Ken Paxton on Tuesday that daily fantasy sports is illegal gambling in the state.
Perhaps even less surprising is that he’s been voicing his displeasure on Twitter most of the afternoon.
.@KenPaxtonTX what a disappointment re DFS You certainly don’t represent the views of Texans.
— Mark Cuban (@mcuban) January 19, 2016
.@KenPaxtonTX isn’t all biz “an agreement to win or lose something of value solely or partially by chance”? Stocks? Collectibles? Insurance — Mark Cuban (@mcuban) January 19, 2016
Let’s be clear. More skill is required for DFS than picking stocks. Luck is required to win at picking stocks It’s not required 4 DFS — Mark Cuban (@mcuban) January 19, 2016
As Twitter tirades go, this one is pretty tame and equally predictable.
Cuban is a noted proponent of daily fantasy; the Mavericks have a multi-year marketing deal with FanDuel, he’s the keynote speaker at this week’s Fantasy Sports Trade Association Winter Conference in Dallas, and he recently invested in FantasyLabs, a DFS tools and analytics service. It wasn’t entirely uninformative, however. We got at least some insight on Cuban’s undisclosed stake in FantasyLabs.
As a point of reference, my investment & ad rev in DFS is under 1mm dollars. I can walk way from it. It has nothing to do w my position
— Mark Cuban (@mcuban) January 19, 2016
Cuban is set to speak at the FSTA conference at 10:30 a.m. Central on Wednesday.