mr. eggert answered it. some made the argument setting a license or registration fee -- i will read it quick. the barrier to enter into the marketplace to keep fly by night operators from running away with people's money. is that a concern in the daily marketplace? mr. brubaker: maybe peter should answer the daily question. dr. rodenberg: in the state -- one of the key components for consumer protection is the funds -- consumer funds be protected so the price will be there. there would be a segregation of funds and that's something we're strongly advocating at the state level. mr. guthrie: i appreciate your answers. mr. burgess: the chair recognizes the gentlelady from indiana, mrs. brooks, for five minutes for your questions, please. mrs. brooks: thank you, mr. chairman. [inaudible] in this 114th congress, we have a disruptor series which changes the landscape of the economy and we've explored things like uber and bit coin and now with this packed audience today it's interesting because i think this, too, i

mr. eggert answered it. some made the argument setting a license or registration fee -- i will read it quick. the barrier to enter into the marketplace to keep fly by night running away with people's money. is that a concern in the daily marketplace? mr. brubaker: maybe peter should answer the daily question. dr. rodenberg: in the state -- one of the key components for consumer protection is the funds -- consumer funds be protected so the price will be there. there would be a segregation of funds and that's something we're strongly advocating at the state level. mr. guthrie: i reesht your answers. mr. burgess: the chair recognizes the gentlelady from indiana, mrs. brooks, for five minutes for your questions, please. mrs. brooks: thank you, mr. chairman. inaudible] in this 114th congress, we have a disruptor series which changes the landscape of the economy and we've explored things like uber and bit coin and now with this packed audience today it's interesting because i think this, too, is something that is

mr. eggert answered it. some made the argument setting a license or registration fee -- i will read it quick. the barrier to enter into the marketplace to keep fly by night running away with people's money. is that a concern in the daily marketplace? mr. brubaker: maybe peter should answer the daily question. dr. rodenberg: in the state -- one of the key components for consumer protection is the funds -- consumer funds be protected so the price will be there. there would be a segregation of funds and that's something we're strongly advocating at the state level. mr. guthrie: i appreciate your answers. mr. burgess: the chair recognizes the gentlelady from indiana, mrs. brooks, for five minutes for your questions, please. mrs. brooks: thank you, mr. chairman. [inaudible] in this 114th congress, we have a disruptor series which changes the landscape of the economy and we've explored things like uber and bit coin and now with this packed audience today it's interesting because i think this, too, is something tha

mr. eggert, even off topic from what we've been discussing. the concept of the amount of data that -- maybe we can direct this to you. the amount of data generated seems to be at the nominal. is this useful for -- phenomenal. is this useful for anyone else in the sport? is a general manager interested in these performance statistics? it just seems like this has the potential for changing the way competition is handled by the -- how well you're able to manage these large data flows. would you meant on it? mr. eggert: i think general managers have an increasingly great interest in data acquisition and management and i think the sport is moving in that direction to be more data-based and less just see how a person swings the bat. it's gotten so far i think there's espn fantasy sports analyst who is good at this -- >> you may continue to watch this hearing online at c-span.org. did you want to add to that? >> there are many that actually employee members of their look atstaff that will players and see how they play in certain environments and deci

mr. curt eggert professor of law at chapman university's fowler school of law. we do appreciate all of you being here this morning and we will begin our panel with mr. mr. schoenke and you are now recognized for five minutes for your opening statement. thank you. >> german birches ranking member schakowsky members of the 70 thank you for the opportunity to testify today. chairman burgess, -- [inaudible] i will try to work through peer chairman burgess ranked member schakowsky members of the subcommittee thank you for the opportunity to testify before you today. my name is schoenke. the fs d.a. has over three and members including major companies such as cbs yahoo! nbc and fox sports three continent date writers like "usa today" and staff thank and real-time fantasy sports my fantasy league fanduel and draftkings. fantasy sports has become a new pastime with over 50 million americans participating in some form of fantasy sports last year. merrick enjoyed fantasy sports as a hobby and a form of entertainment that gives them an enhanced experience in a deeper apprec