FanDuel Backs new US Regulatory Moves
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Fantasy sports gaming company FanDuel has stated it invites moves by US authorities to tighten up industry guidelines.

The comments came after the chief law officer of Massachusetts, external proposed new guidelines which would ban people under the yohaig code age of 21 from playing paid dream sports video games.

The regulations would likewise need protection of gamers' deposits and "robust" information and security measures.
They also seek to make sure "more truthful advertising" and more openness.

FanDuel said the approach towards controling fantasy sports made "a tremendous quantity of sense".

Officials in several states have been taking a stringent approach to the market, arguing that paid everyday video games total up to betting.

'Cease and desist'
Last week, the fast-growing Scottish-American tech company was served with a cease and by regulators in New york city, effectively telling it to stop taking cash in the state.
The leading district attorney argued that dream sports firms were running prohibited betting operations.
FanDuel - a leading gamer in the US fantasy sports business - suspended entry to paid contests for individuals situated in New York pending the result of a court hearing next week.
It also released a petition urging opposition to "any measure that would ban online fantasy sports".
In the most recent advancement, the chief law officer's workplace in Massachusetts said a review it had actually performed had actually "discovered a variety of concerns" about the sector's business practices and "the ability of customers to have a fair shot while playing these video games".

Attorney General Of The United States Maura Healey said: "These guidelines are a first of their kind for the day-to-day dream sports market, and they concentrate on safeguarding minors, guaranteeing sincere marketing, bringing more openness to the market, and levelling the playing field for all customers."
"This is a very first action, but an essential action, as we continue to examine this promotion code brand-new market and make sure our laws stay up to date with these evolving innovations."
'Tremendous sense'
Responding to the announcement, FanDuel stated: "Attorney General Healey's approach towards controling dream sports makes a tremendous quantity of sense - it offers strong protections for consumers and allows sports fans to continue doing something they like.
"FanDuel thinks that policies which increase openness and make sure contests are reasonable will benefit the entire fantasy market.
"We appreciate that there will be a public notification and comment duration to gather input from all pertinent celebrations and FanDuel will submit our remarks to the policies in the next 60 days.
"We likewise invite the chance to work with chief law officer in all states, together with other legislators, to carry out fair guidelines that benefit both consumers and sports tech innovators."

FanDuel was established in Edinburgh in 2009 by entrepreneurs Nigel and Lesley Eccles, however only operates in America and Canada.
The set still live in the yohaig code Scottish capital, although the site's headquarters remain in New York.
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