BILLION DOLLAR FANTASY
The High-Stakes Game Between FanDuel and DraftKings That Upendet Sports in America
Sport's Illustrated writer Albert Chen reveals the untold story behind the rollicking rise, spectacular fall, and improbable return of DraftKings and FanDuel, the two fantasy sports start-ups that paved a way for legalized sports betting in America.
Told through five central characters, the book follows parallel narratives: one centered on the entrepreneurs who made extraordinary personal sacrifices to get their start-ups off the ground and another centered on the gamblers who wagered tens of thousands of dollars each night and became millionaires playing the high stakes games - called daily fantasy games - offered by DraftKings and FanDuel. This is the first time the companies' founders talk in detail about what it was like to build billion dollar businesses and then find themselves thrown into the center of a national scandal and under FBI investigations.
But BILLION DOLLAR FANTASY taps into issues that are larger than fantasy sports, gambling, and business disruption. The story of DraftKings and FanDuel confronts the larger issues of sexism, media, and truth in the age of Twitter and corporate hubris and greed in the age of venture capital and chasing the billion dollar idea. Ultimately, BILLION DOLLAR FANTASY is aimed at the mainstream public and folds the larger history of sports gambling in America into the history of fantasy sports all while contextualizing the rise of this massive industry for non-hardore sports fans.
ALBERT CHEN has been a writer and editor at Sports Illustrated since 2000. He is currently the editor of SI's Scorecard section and oversees SI's baseball, college football, and gambling coverage. He lives in New York City.