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Fantasy sports video gaming firm FanDuel has stated it welcomes moves by US authorities to tighten market regulations.

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

The regulations would also need protection of players' deposits and "robust" information and security measures.

They likewise seek to ensure "more sincere advertising" and more transparency.

FanDuel stated the technique towards managing dream sports made "an incredible amount of sense".

Officials in numerous states have actually been taking a strict method to the market, arguing that paid daily games total up to betting.

'Cease and desist'

Recently, the fast-growing Scottish-American tech firm was served with a stop and desist notice by regulators in New York, effectively telling it to stop taking cash in the state.

The leading district attorney argued that firms were running illegal betting operations.

FanDuel - a leading player in the US fantasy sports company - 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 advising opposition to "any procedure that would prohibit online dream sports".

In the most recent advancement, the chief law officer's office in Massachusetts stated a review it had conducted had actually "uncovered a variety of concerns" about the sector's service practices and "the capability of consumers to have a fair shot while playing these video games".

Attorney General Maura Healey said: "These guidelines are a first of their kind for the day-to-day dream sports industry, and they focus on safeguarding minors, ensuring genuine marketing, bringing more openness to the industry, and levelling the playing field for all consumers."

"this promotion code is an initial step, but an essential step, as we continue to assess this promotion code new industry and ensure our laws stay up to date with these developing innovations."

'Tremendous sense'

Reacting to the announcement, FanDuel said: "Chief law officer Healey's method towards controling fantasy sports makes a tremendous quantity of sense - it offers strong defenses for customers and enables sports fans to continue doing something they enjoy.

"FanDuel believes that policies which increase transparency and ensure contests are reasonable will benefit the whole fantasy market.

"We value that there will be a public notice and remark duration to collect input from all appropriate celebrations and FanDuel will submit our comments to the regulations 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, in addition to other lawmakers, to carry out reasonable regulations that benefit both customers and sports tech innovators."

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

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