Will daily fantasy sports thrive in Latin America?

For Robert Stocker, member of Dickinson Wright PLLC, there is a very small chance that daily fantasy sports will succeed—let alone survive—in the Latin America market, where sports betting is legal.

Stocker expressed his doubt that DFS will go big in Latin America, telling Yogonet in an interview: “Daily fantasy sports was designed to get around the fact that with the exceptions of the state of Nevada and pari-mutuel wagering in some states, sports betting is not legal in the United States.”

He pointed out there’s no point for players in Latin America to spend their money on fantasy when they can “bet on the real thing”—sports betting, that is.