FanDuel Backs Brand-new US Regulatory Moves
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Fantasy sports video gaming company FanDuel has said it invites moves by US officials to tighten up market policies.

The comments followed the attorney general of the United States of Massachusetts, external proposed new rules which would ban individuals under the age of 21 from playing paid fantasy sports games.

The policies would also need defense of players' deposits and "robust" data and security measures.

They also seek to make sure "more sincere marketing" and more openness.

FanDuel stated the method towards regulating dream sports made "an incredible quantity of sense".

in several states have been taking a stringent technique to the industry, arguing that paid daily games amount to betting.
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'Cease and desist'
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Last week, the fast-growing Scottish-American tech company was served with a stop and desist notice by regulators in New york city, efficiently informing it to stop taking cash in the state.

the yohaig code leading prosecutor argued that fantasy sports firms were running illegal gambling operations.
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FanDuel - a leading gamer in the US fantasy sports business - suspended entry to paid contests for individuals located in New York pending the outcome of a court hearing next week.
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It also launched a petition urging opposition to "any procedure that would ban online fantasy sports".
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In the current advancement, the lawyer general's workplace in Massachusetts said an evaluation it had actually carried out had "discovered a variety of issues" about the sector's service practices and "the ability of customers to have a reasonable shot while playing these video games".
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Attorney General Maura Healey stated: "These guidelines are a very first of their kind for the daily dream sports industry, and they focus on safeguarding minors, making sure genuine advertising, bringing more openness to the industry, and levelling the playing field for all customers."

"this promotion code is an initial step, however an essential step, as we continue to assess this new industry and make sure our laws stay up to date with these evolving innovations."
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'Tremendous sense'
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Responding to the statement, FanDuel stated: "Attorney general of the United States Healey's approach towards managing fantasy sports makes a significant quantity of sense - it provides strong protections for customers and enables sports fans to continue doing something they like.
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"FanDuel believes that regulations which increase openness and make sure contests are fair will benefit the entire fantasy market.

"We value that there will be a public notice and comment period to collect input from all appropriate parties and FanDuel will submit our comments to the policies in the next 60 days.
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"We likewise bet9ja's welcome offer the chance to work with lawyer generals in all states, together with other legislators, to carry out fair 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 operates in America and Canada.

The pair still reside in the Scottish capital, although the website's headquarters remain in New york city.