weekly fantasy football from draftkings. just like a lot of you, we're part of this new wave of one-week fantasy sports. did you play season-long fantasy football last year? >> of course i did. everybody plays season-long fantasy football. >> more important question. did you win? >> i knew you were gonna ask me that. no, i did not win. did you win? >> no, i didn't, either. >> yes, it takes so much time. i have other commitments. i got to work, i have kids. >> you know what happened to me? was cruising right along, in second place, just about to overtake the eventual champion. and then le'veon bell gets hurt, and i don't know what to do. >> you know what? that's one of the great differences between season-long leagues and draftkings. every single week is a new season. >> so it's flexibility. so, instead of having to play an injured running back, i can just play demarco murray, or just pick an entirely new team. >> you know what i like best, though? it levels the playing field. so whether you're worrying about draft order or i

that's one of the great differences between season-long leagues and draftkings. every single week is a new season. >> so it's flexibility. so, instead of having to play an injured running back, i can just play demarco murray, or just pick an entirely new team. >> you know what i like best, though? it levels the playing field. so whether you're worrying about draft order or injuries or waiver wire, bye weeks -- they don't affect you anymore.

we check in with draftkings' ceo next.omberg. ♪ emily: linkedin cofounder reid hoffman is the latest silicon valley heavyweight to get his money involved in politics. he's offering to donate $5 million to veterans if donald trump releases his tax returns in time for the presidential debate. hoffman saw a challenge by a veteran. the challenge stated that he would donate any of the money raised to a nonprofit that assists veterans if trump releases his returns by the final date of the last debate. if he meets the target, hoffman declared he will match the total amount by five times, up to $5 million. the nfl's 2016 season just kicked off. that means fantasy site draftkings -- it's been a rocky road for the company. we caught up with the draftkings ceo, jason robins. jason: i think that this year was a little bit of a very pinpoint strategy for us, where we were very focused on driving other apps back to the game. we tapered down the big guaranteed contests. we focused instead on trying to drive volume into the social play. t

football weekly" is a paid program brought to you by draftkings. >> today, we're talking about one of

on today's funding board, the fantasy sports company draftkings raised $150 million.rs included revolution growth, co-founded by a sports magnate. fortune reported earlier it was raised as a lower valuation than companyillion value the recently established. it will help boost draftkings as it heads into football season, the busiest time of the year. coming up, safety concerns about a new smart phone. we check in with our asia tech team next, this is bloomberg. ♪ emily: good news for "star wars" fans. bb-8 ce is now with the toy. the new toy has a wristband that allows you to control it. sphero and other star wars toys generated millions in sales. i took the droid and new force band out for a test drive with the sphero co-founder adam wilson. i turn my wrist like this, it starts moving around. >> what we're going to do is hands down. now, like you're throwing a baseball. put your hand this way to have him drive that way. >> he got around he got around. force is strong. >> that's the main driving feature of the force band. there's another mode in our rce band that's mor

we're talking about websites such as draftkings and fan duel where you select a team of players from across the league and place else's team. it's similar to a bill that passed in the senate last session, but failed in the house. but state senator jeff danielson says this time around, you would have to be 21 to play. and the racing and gaming department will regulate it. sports betting sites would have to pay a fee to operate in iowa under state law, your winnings would be taxed if its more than 1200 dollars. but danielson claims it's not about the money. i think it's an idea whose time has come. we should've done it yesterday. we are one of only six states in the country that sports" if it passes this time around, it would go into effect next july. tonight at 10, hear opinions on the proposal from local sports fans. a coralville parrot put one man through a lot of pain and heartache when she flew away. but thanks to some kind neighbors, sunnybird is now safe and sound. stay with and the police for catching his lost parrot. marvin fussell says he lost his parrot last week. the bird,

the cash will help boost draftkings as it heads into football season. busiest time of the year. coming up, investors wipe $4 billion off samsung's market cap in thursday's trading on safety concerns about its brand new smart phone. we'll check in with our asia tech team next. this is bloomberg. >> that was adam wilson. be underhose will trees this christmas. the new movie is scheduled to release at the end of the year. samsung is encountering some trouble. it's delayed the galaxy note seven in south korea following reports of the phone exploding or catching firewall being charged. beens and photos have surfacing but have not been verified. tokyoning us are peter in -- first of all, what is the real reason for the delay? >> samsung has not said explicitly what's behind the halt in the shipments. this is taking place just in south korea. it, bute not explained there have been reports as you mentioned of explosions and fires starting with the samsung note. not a good sign, obviously. and looks like they are digging into it and doing more research into what is behind it. so how seri

they both say they would like to take a swing at fantasy sports betting, and use sites like draftkings and fan duel, but are met with a message every time they try "the moment you log on to a daily fantasy sports site in iowa, you receive a message telling you " i play fantasy football now, and it would just make it a little more fun just knowing that i can get a little more something out of it, other than the time i spend on it. " state senator jeff danielson from waterloo sponsored a bill to legalize fantasy sports betting last legislative session, but it failed in the house. he plans on bringing it back when lawmakers meet again in january. "i think it's interesting that iowa is one of only 6 states that does not allow it in some way, and i think it's time for us to come into the 21st century. " but there will be changes this time around that danielson says members will have to be 21 to play, and the iowa racing and gaming commission will regulate the betting. "every time the house wanted a change that would get them to yes, which ultimately means iowans could play it, i've waived t

the ceo of draftkings says there has been discussion between his company and rival fandual over the last 18 months. according to bloomberg, no deal is imminent, but a merger would make sense. combining the two companies would have a larger pool of players competing for prizes. it would also save on advertising and lobbying announce a change of how the state criminal justice system treats those with mental illness. bridgewater state hospital according to "the globe" hold inmates charged with minor crimes. those with major crimes will be moved to adult prison. limited contact between percent and inmates, contact that has proven deadly in the past for self-inmates. >>> a controversial police pilot program is now under way. 100 boston police officers are wearing body cameras. among them superintendent checking out the new addition to his uniform in the picture. it launched yesterday after the union fought to get it shut down. the union was upset that the officers were assigned after no one volunteered. a judge ruled on monday that the program can move forward as planned. >>> new surveillance

david: we are joined by the ceo and cofounder of draftkings. welcome jason.business. it has changed a lot because of state regulation. where are you right now? aids states have passed regulations, most recently new york and massachusetts, to put where we are right now and the regulation has been pretty consistent, which is important for the product week as you want to create a consistent experience across all the states. what we decided to do is implement almost all the regulations across states, regardless of its states have passed them yet. david: what does this do to your business model? investor. an since we did that interview in draftkings, but it has to affect your business if you have to pay taxes. suddenly the taxes, and some other states have chosen theto put g the -- put fees in another place, but the regular term requirements are all things we're doing are in the process of doing anyway, so those are really things that were important and necessary and positive on our business. i think a lot of people before were hesitant to play because they did no

coming up million dollar winner already being paid thousands of dollars by draftkings. >> gene: they may be you go pam griffin: our daughter courtney got caught in a web of opiate and heroin addiction. doug griffin: our insurance company indicated that courtney's problem wasn't a matter of life and death - so she wasn't eligible for treatment. pam griffin: she told me that she didn't want to live like this anymore... she begged... she begged for help, saying mom - please help me. doug griffin: our family's tragedy could happen to any family... pam griffin: we knew we had to save other families from losing their children. came to my family to learn more. pam griffin: she listened to what we had to say, who we were - she cared about us... she didn't know us. pam griffin: we talked about the ways to remove the stigma of addiction so parents can get help. doug griffin: kelly co-authored the comprehensive addiction and recovery act - this act will save kids' lives... ...and enable families to get the help they need. doug griffin: we don't want courtney to be remembered for her substance a

we sat down with the ceo of draftkings and asked about regulatory impacts on his company. >> they weres we were doing or in the process of doing anyway. i think people who might have gone on before were hesitant because they did not know if there was oversight. now that they know there is oversight, they will be more apt to play the game. >> what does this do to profitability? you are still in the start of phase. you haven't turned to profit yet. will this extend the time before you get to profitability? >> i don't think so. while taxes do have some impact relatively speaking, they will not change the economics of the business. regulatory fees are things we always devote to products and features anyway. in the short term, there is a caused. taxes in the long term will have an effect, but not that much. >> there have been reports about possible criminal insider trading with employees trading when you changed your policy. has that hurt your business? are people more leery about fantasy sports than they used to be? >> i think in some of the beginning stages of the press accusations, may b

paid thousands of dollars by draftkings. >> next soft sandal hybrid going viral this morning every time a new charter school opens in massachusetts, it takes funding away from regular public schools in that area. that's not right. instead of draining even more money from neighborhood public schools and giving it to charters, let's devote public resources to all of our students... not just a select few. don't lift the cap on charter schools. vote no on question 2. fios is not cable. we're wired differently. which means we can fix things differently. thanks for calling fios, this is ryan. you can't tell me this cord isn't in, i'm sending you a link to the my fios app that's going to let me see what you're seeing. really? yes...mr. mcenroe. see that cord? just plug it into the connector on the right. so you can clearly see what's in and what's out? oh, absolutely. i like that. get fios with virtual tech support for $69.99 a month. there's nothing like trying something new. especially when it comes to snacking. the laughing cow. reinvent snacking. my prescription costs keep going up. it's m

draftkings raised $150 million in venture capital. the money will help it move forward after a severe of legal fanduel received permission to operate but still could face lawsuits claiming deceptive advertising practice. >> catherine: massive smartphone recall sending shock waves through the wireless industry. samsung has worldwide recall of galaxy note seven. the company made announcement in south korea this morning and they have received reports of batteries exploding while being charged. at least 35 fires being reported and phone was just released last for you. still not bad out there, only 16 minutes as head from the braintree split up to the exit for the pike. jason? >> jason: great start to friday and temperatures in the middle 60s. right now humidity low. i will tell you how long the nice weather lasts. i got the full holiday weekend, all eyes on hermine straight ahead. >>> 7:09 and dozens of family during weekly walk. what they did with anniversary of the death to bring awareness of the unsolved crime. >> new drug that's showi