fanduel-to-resume-operations-in-new-york-city-after-law-change

FanDuel to resume operations in New York after law change

4 August 2016
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A Scottish tech company is to resume its everyday fantasy sports operations in New york city, after a costs legalising the activity was signed into law.
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FanDuel needed to stop operating in the state in November after regulators ruled dream sports companies' activities totaled up to illegal gambling.

The business also faced legal hurdles in a number of other states.
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FanDuel later on warned it might not be able to continue as a going concern due to legal barriers in the US.
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However, since January 8 US states have actually passed laws "clarifying the legality" of fantasy sports, according to the company.
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FanDuel, which was established in Edinburgh in 2009, claims 6 million registered users across the US and Canada. New york city is one of its most significant markets.

Its technology platform allows sports fans to select fantasy groups from genuine gamers, and follow their performances.
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'On death watch'
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President Nigel Eccles invited the New York legislation, stating that sports fans in the state had actually sent out more than 110,000 and made almost 3,000 calls to legislators backing FanDuel's case.
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He stated: "Last fall, in the yohaig code middle of national controversy, some experts put dream sports on death watch.

"But when the calendar turned to 2016 and fantasy sports fans had the opportunity to be heard and lawmakers had the yohaig code chance to act, the vibrant rapidly shifted, and one by one states began to recognise this promotion code is a video game enjoyed by millions - millions who need to have the ability to play and deserve the basic defenses paid for to customers in all major industries."

Earlier today, FanDuel released its first product in the UK - a new one-day dream football platform concentrating on the English Premier League.

The move came after it struck a collaboration bet9ja's welcome offer with sports data supplier Opta.