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FanDuel to resume operations in New york city after law change

4 August 2016

A Scottish tech firm is to resume its day-to-day fantasy sports operations in New york city, after a bill legalising the activity was signed into law.

FanDuel needed to stop running in the yohaig code state in November after regulators ruled fantasy sports companies' activities amounted to unlawful gambling.

the yohaig code business likewise dealt with legal obstacles in a number of other states.

FanDuel later on alerted it may not have the ability to continue as a going concern due to legal challenges in the yohaig code US.

However, since January eight US states have passed laws "clarifying the legality" of fantasy sports, according to the business.

FanDuel, which was founded in Edinburgh in 2009, claims 6 million signed up users throughout the US and Canada. New york city is among its biggest markets.

Its technology platform permits sports fans to pick fantasy teams from real players, and follow their performances.

'On death watch'

President Nigel Eccles invited the New York legislation, saying that sports fans in the state had actually sent out more than 110,000 letters and made almost 3,000 calls to lawmakers backing FanDuel's case.

He said: "Last fall, in the middle of nationwide controversy, some pundits put fantasy sports on death watch.

"But when the turned to 2016 and fantasy sports fans had the chance to be heard and legislators had the chance to act, the yohaig code vibrant quickly moved, and one by one states began to acknowledge this promotion code is a game enjoyed by millions - millions who should be able to play and be worthy of the standard protections managed to consumers in all major markets."

Earlier this week, FanDuel launched its first item in the UK - a new one-day fantasy football platform focusing on the English Premier League.

The move came after it struck a collaboration deal with sports data provider Opta.