MENENDEZ TO HOLD PRESS CONFERENCE ON DAILY FANTASY SPORTS

A press conference will be held on Tuesday to highlight some of the issues related to daily fantasy sports. U.S. Senator Robert Menendez and Congressman Frank Palone will hold the conference outside of MetLife Stadium to talk about Congressional efforts to ensure that daily fantasy games have proper levels of fairness. The lawmakers sent a joint-letter last week to the Federal Trade Commission (FTC), urging it to explore and implement necessary safeguards after it was revealed that employees of these fantasy gaming sites with access to inside information were playing on rival sites and pocketing big winnings.