FanDuel to resume operations in New york city after law change
4 August 2016
A Scottish tech company is to resume its everyday fantasy sports operations in New York, after a bill legalising the activity was signed into law.
FanDuel had to stop running in the state in November after regulators ruled fantasy sports firms' activities totaled up to illegal gaming.
The business also faced legal difficulties in a variety of other states.
FanDuel later alerted it might not be able to continue as a going concern due to legal challenges in the US.
However, because January eight US states have actually passed laws "clarifying the legality" of dream sports, according to the business.
FanDuel, which was established in Edinburgh in 2009, lays claim to six million registered users across the yohaig code US and Canada. New york city is among its most significant markets.
Its technology platform allows sports fans to select fantasy groups from genuine gamers, and follow their efficiencies.
'On death watch'
President Nigel Eccles welcomed the New york city legislation, saying that sports fans in the state had sent more than 110,000 letters and made almost 3,000 calls to lawmakers backing FanDuel's case.
He stated: "Last fall, in the middle of national debate, some pundits put fantasy sports on death watch.
"But when the yohaig code calendar turned to 2016 and fantasy sports fans had the chance to be heard and lawmakers had the chance to act, the yohaig code dynamic quickly moved, and one by one states began to recognise this promotion code is a video game enjoyed by millions - millions who ought to have the ability to play and deserve the paid for to customers in all major industries."
Earlier today, FanDuel launched its very first product in the UK - a new one-day fantasy football platform concentrating on the English Premier League.
The move came after it struck a partnership bet9ja's welcome offer with sports information company Opta.
