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Fantasy sports video gaming firm FanDuel has stated it welcomes relocations by US officials to tighten up market guidelines.

The remarks followed the lawyer general of Massachusetts, external proposed brand-new guidelines which would ban individuals under the age of 21 from playing paid fantasy sports games.

The policies would also need security of players' deposits and "robust" data and security measures.
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They also look for to make sure "more truthful advertising" and more transparency.

FanDuel stated the method towards managing fantasy sports made "a tremendous amount of sense".

Officials in several states have been taking a stringent approach to the market, arguing that paid daily games quantity to gaming.
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'Cease and desist'

Last week, the fast-growing Scottish-American tech company was served with a cease and desist notification by regulators in New york city, successfully informing it to stop taking money in the state.

The leading prosecutor argued that dream sports firms were running prohibited betting operations.

FanDuel - a leading gamer in the US fantasy sports organization - suspended entry to paid contests for individuals located in New York pending the outcome of a court hearing next week.

It likewise released a petition urging opposition to "any procedure that would prohibit online fantasy sports".

In the most current advancement, the chief law officer's workplace in Massachusetts stated a review it had out had "revealed a number of concerns" about the sector's company practices and "the capability of consumers to have a reasonable shot while playing these games".
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Attorney General Of The United States Maura Healey said: "These guidelines are a very first of their kind for the day-to-day fantasy sports industry, and they focus on protecting minors, guaranteeing truthful marketing, bringing more openness to the industry, and levelling the playing field for all customers."
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"this promotion code is an initial step, however an important step, as we continue to examine this new industry and make certain our laws stay up to date with these evolving technologies."

'Tremendous sense'

Reacting to the statement, FanDuel stated: "Attorney General Healey's approach towards managing dream sports makes a remarkable amount of sense - it supplies strong protections for customers and allows sports fans to continue doing something they enjoy.
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"FanDuel believes that regulations which increase openness and make sure contests are fair will benefit the entire fantasy market.
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"We value that there will be a public notice and remark duration to gather input from all appropriate celebrations and FanDuel will submit our comments to the policies in the next 60 days.

"We likewise invite the opportunity to work with attorney general of the United States in all states, together with other legislators, to execute fair policies that benefit both consumers and sports tech innovators."

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

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