The story of the meteoric rise of Edinburgh and Manhattan-based fantasy sports operator FanDuel and its controversial rivalry with DraftKings is set to be told in a new book and perhaps even a movie.
According to a report in deadline.com, TriStar Pictures has optioned the movie rights for an upcoming book on the saga of FanDuel and DraftKings by Sports Illustrated staff writer Albert Chen.
The report said the current title for the book is The Big Game: Daily Fantasy And The High Stakes Battle For Fans, Fortune And Survival.
The book is being described as “The Big Short in the world of daily fantasy sports.”
FanDuel, DraftKings and other firms in the multibillion dollar fantasy sports industry have faced heavy scrutiny with attorneys general in a number of US states including New York, Illinois and Nevada questioning the legality of their games.
Last November, FanDuel received a “cease-and-desist letter” from New York attorney general Eric Schneiderman that ordered it to stop accepting bets in New York State.
Schneiderman claimed then that an investigation by his office found FanDuel and DraftKings to be in violation of New York State law against illegal gambling.
In June, Reuters reported that FanDuel and DraftKings were in early-stage talks to merge amid the crackdown by US states over whether the industry runs illegal gambling.
But earlier this month New York Governor Andrew Cuomo signed legislation to legalize interactive fantasy sports in New York State.
Last week, the New York Gaming Commission said it issued temporary permits to DraftKings, FanDuel, Yahoo, FantasyDraft and Draft.
The Commission said it completed a legally required thorough review of the temporary permit applications from the five companies, ensuring required consumer protections, player safeguards and advertising restrictions are in place.