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“Psychologically, it’s a little different,” Fong said. “You’re not necessarily betting to make money; you’re betting to make yourself look smarter.”
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As a high-profile company, DraftKings has been involved in a couple of publicized incidents related to payouts — including one in January, when it took a full day to settle prop bets made by gamblers who pounced on news about Draymond Green’s playing status. DraftKings eventually paid the rightful winners in the Green situation, but not before stirring up angst among some bettors.


But panelists at the conference predicted three or four additional states could soon adopt internet gambling, including Indiana, Illinois, Iowa and New York.
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