Friday, December 18, 2009

4 Fidelity employees fired for Fantasy Football?

Word out of Texas is that four Fidelity employees were fired this week for "gambling on fantasy football"

Several things come to mind...some not printable.

There are always three sides to every story. Your side, their side and the truth, but I want to vent a little about this....

1) Fantasy Football is not gambling. The Unlawful Internet Gambling Enforcement Act (UIGEA), spelled this out in 2006 I think.

2) Fidelity needs to look at NCAA march madness pools, Super Bowl pools, sunday football wagers and the monthly poker nights too if they are going to go down this road. I do not think many will escape a "gambling" witch hunt.

3) I see the potential for lawsuits coming Fidelities way from the four fired employees. All were league commissioners.

4) I do not know if I want to invest with a company that thinks this way about fantasy football.
I understand that using company assets/time for fantasy football is wrong and I never advocate that. I even go so far as to discourage it in Fantasy Football Guidebook. But if you are in the restroom does reading about your team constitute usage? What about those millions who go on a smoke break adn talk about their teams? It is just too much.

Fantasy Football Tips: 201 Ways to Win through Player Rankings, Cheat Sheets and Better Drafting ($9.95)

Fantasy Football Guidebook: Your Comprehensive Guide to Playing Fantasy Football ($19.95 on sale for $17.95)

No comments: