FanDuel to resume operations in New york city after law change

4 August 2016

A Scottish tech firm is to resume its daily fantasy sports operations in New York, after a bill legalising the activity was signed into law.

FanDuel had to stop operating in the state in November after regulators ruled fantasy sports companies' activities amounted to prohibited gaming.

The company also faced legal obstacles in a variety of other states.

FanDuel later alerted it might not have the ability to continue as a going concern due to legal obstacles in the US.

However, since January 8 US states have passed laws "clarifying the legality" of dream sports, according to the company.

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

Its innovation platform permits sports fans to select dream groups from genuine players, and follow their performances.

'On death watch'

Chief executive Nigel Eccles invited the yohaig code 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, amidst nationwide debate, some experts put dream sports on death watch.

"But when the calendar turned to 2016 and fantasy sports fans had the chance to be heard and lawmakers had the opportunity to act, the dynamic rapidly shifted, and one by one states started to identify this promotion code is a video game enjoyed by millions - millions who ought to have the ability to play and be worthy of the fundamental defenses managed to consumers in all major industries."

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

The relocation came after it struck a collaboration offer with sports information provider Opta.