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FanDuel to Resume Operations in New York City After Law Change


FanDuel to resume operations in New York after law modification

4 August 2016

A Scottish tech firm is to resume its everyday dream sports operations in New york city, after an expense 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 activities totaled up to illegal betting.
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The business likewise faced legal hurdles in a number of other states.
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FanDuel later on alerted it may not be able to continue as a going concern due to legal barriers in the yohaig code US.
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However, because January 8 US states have passed laws "clarifying the legality" of fantasy sports, according to the company.
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FanDuel, which was established in Edinburgh in 2009, lays claim to 6 million signed up users throughout the US and Canada. New york city is one of its most significant markets.
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Its technology platform enables sports fans to choose dream groups from real players, and follow their efficiencies.
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'On death watch'
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Chief executive Nigel Eccles welcomed the New York legislation, stating that sports fans in the state had sent out more than 110,000 letters and made nearly 3,000 calls to lawmakers backing FanDuel's case.
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He said: "Last fall, in the middle of nationwide controversy, some experts put fantasy sports on death watch.

"But when the calendar turned to 2016 and dream sports fans had the opportunity to be heard and lawmakers had the opportunity to act, the vibrant rapidly moved, and one by one states began to identify this promotion code is a video game liked by millions - millions who ought to have the ability to play and deserve the standard protections afforded to consumers in all major markets."

Earlier today, FanDuel introduced its very first item in the UK - a new one-day dream football platform focusing on the English Premier League.

The relocation followed it struck a collaboration deal with sports information service provider Opta.