FanDuel Backs new US Regulatory Moves
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Fantasy sports video gaming firm FanDuel has stated it invites relocations by US officials to tighten market policies.

The remarks followed the attorney general of the United States of Massachusetts, external proposed new rules which would prohibit individuals under the age of 21 from playing paid dream sports video games.

The guidelines would also require security of gamers' deposits and "robust" information and security steps.

They also seek to ensure "more truthful advertising" and more openness.

FanDuel said the method towards controling fantasy sports made "a tremendous amount of sense".
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Officials in several states have actually been taking a stringent technique to the market, arguing that paid day-to-day video games amount to gambling.
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'Cease and desist'
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Last week, the tech firm was served with a cease and desist notification by regulators in New York, successfully telling it to stop taking cash in the state.

The top district attorney argued that dream sports firms were running illegal gambling operations.

FanDuel - a leading player in the US dream sports company - suspended entry to paid contests for people located in New york city pending the outcome of a court hearing next week.
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It also launched a petition prompting opposition to "any step that would prohibit online dream sports".

In the most current advancement, the lawyer general's office in Massachusetts said a review it had conducted had "revealed a number of concerns" about the sector's company practices and "the capability of customers to have a reasonable shot while playing these games".
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Attorney General Maura Healey said: "These guidelines are a first of their kind for the day-to-day fantasy sports industry, and they concentrate on protecting minors, guaranteeing truthful advertising, bringing more transparency to the market, and levelling the playing field for all customers."
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"This is a first step, however an essential step, as we continue to assess this promotion code brand-new market and make sure our laws keep up with these evolving innovations."
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'Tremendous sense'

Reacting to the announcement, FanDuel stated: "Attorney general of the United States Healey's technique towards controling fantasy sports makes an incredible quantity of sense - it provides strong defenses for customers and permits sports fans to continue doing something they enjoy.

"FanDuel thinks that guidelines which increase transparency and make sure contests are reasonable will benefit the entire dream industry.

"We appreciate that there will be a public notice and comment duration to gather input from all appropriate parties and FanDuel will submit our remarks to the yohaig code guidelines in the next 60 days.

"We also bet9ja's welcome offer the opportunity to deal with attorney general of the United States in all states, together with other legislators, to implement reasonable policies that benefit both consumers and sports tech innovators."

FanDuel was established in Edinburgh in 2009 by business owners Nigel and Lesley Eccles, however just runs in America and Canada.

The set still live in the Scottish capital, although the website's headquarters are in New York.