timothy fong is co-director of the ucla gambling studies program and rick horrow is a sports attorney and ceo of horrow sports ventures. is it a game of skill or gambling? >> a game of skill based on my prior mystery. in the '60s, i would send draft picks to friends and we would play a forerunner to fantasy. 5% is the daily fantasy industry, the rest of the industry is fantasy on a seasonal basis that nobody questions and we'll see in the future most of this evolving into technology companies as opposed to media companies. fundamentally mark cuban is right. >> tim, why do you think daily fantasy sports is seen one way, season-long fantasy sports competition is seen a different way? what's the rub between those two? >> in my opinion, season-long fantasy sports is not gambling. it's a skill base because players are constantly making moves, changing. daily fantasy sports, in my opinion, is gambling. it is a game of chance. any event can happen that day that can alter the game, the outcome and become a single moment of time that determines the outcome, which lyis essentially gambling. >>