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Cuban defends daily fantasy sports industry

POSTED: Jan 20, 2016 8:19 PM ET

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— Dallas Mavericks owner Mark Cuban is defending the daily fantasy sports industry the Texas attorney general considers illegal.

Addressing the Fantasy Sports Trade Association in Dallas on Wednesday, Cuban said Attorney General Ken Paxton's opinion is nonbinding but still "kind of disappointing." He dismissed the contention of Paxton and officials of other states that daily fantasy sports are a game of chance.

Cuban says he learned they are a game of skill because he was bad at them and "had no chance of winning."

Cuban says he invested in two fantasy sports startups, so he regards the industry's future as bright. He also predicted gambling "as a whole will be made legal."

But he also noted he wouldn't want Mavericks players to participate in daily fantasy basketball, saying he wants no question of impropriety.