On this episode of the Business of Betting podcast, Jeff Edelstein is joined by Peter Schoenke, CEO of Fantasy Life and longtime fantasy sports entrepreneur, for a wide-ranging discussion on the evolution of fantasy sports, the early days of RotoWire, regulation, Daily Fantasy Sports, AI, and the future of the fantasy sports industry.

 

Hear them discuss:

  • Peter Schoenke's journey from financial journalism to founding and building RotoWire into a major fantasy sports business.
  • How fantasy sports worked before the internet and how real-time player information transformed the experience for fantasy players.

  • The legal battles and regulatory developments that helped establish fantasy sports as a legitimate industry.

  • The rise of Daily Fantasy Sports and how FanDuel and DraftKings reshaped the market.

  • Why Peter believes there is still room for innovation despite the dominance of major fantasy sports platforms.

  • How AI could create more personalized fantasy experiences, from league-specific analysis to customized content and tools.

  • Why fantasy sports growth is increasingly driven by existing players participating in more leagues, formats, and contests.

  • The differences between fantasy sports and sports betting, particularly the importance of competition, community, and bragging rights.

  • The growth of newer formats such as best ball and guillotine leagues and their role in making fantasy a year-round activity.

  • Peter's vision for Fantasy Life and the tools, content, and products he believes can shape the next generation of fantasy sports.

 

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