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

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FanDuel to resume operations in New york city after law modification
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4 August 2016
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A Scottish tech firm is to resume its day-to-day 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 sports companies' activities amounted to illegal gambling.

The company also dealt with legal obstacles 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 challenges in the US.
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However, since January eight US states have actually passed laws "clarifying the legality" of fantasy sports, according to the business.

FanDuel, which was established in Edinburgh in 2009, lays claim to 6 million signed up users across the US and Canada. New york city is among its greatest markets.

Its innovation platform permits sports fans to pick dream teams from genuine gamers, and follow their efficiencies.
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'On death watch'
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President Nigel Eccles welcomed the New york city legislation, saying that sports fans in the state had sent out more than 110,000 letters and made nearly 3,000 calls to legislators backing FanDuel's case.

He said: "Last fall, in the middle of nationwide controversy, some experts put dream sports on death watch.
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"But when the calendar turned to 2016 and dream sports fans had the opportunity to be heard and legislators had the opportunity to act, the dynamic rapidly moved, and one by one states started to recognise this promotion code is a game liked by millions - millions who ought to be able to play and deserve the basic protections managed to customers in all significant industries."
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Earlier today, FanDuel released its first product in the yohaig code UK - a brand-new one-day dream football platform concentrating on the English Premier League.

The relocation came after it struck a partnership handle sports data supplier Opta.
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