FanDuel to resume operations in New york city after law change

4 August 2016

A Scottish tech firm is to resume its everyday dream sports operations in New york city, after a bill legalising the activity was signed into law.

FanDuel had to stop running in the state in November after regulators ruled dream sports companies' activities totaled up to unlawful gaming.

The business likewise dealt with legal obstacles in a variety of other states.

FanDuel later cautioned 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 passed laws "clarifying the yohaig code legality" of fantasy sports, according to the company.

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 biggest markets.

Its technology platform allows sports fans to pick dream groups from real players, and follow their efficiencies.

'On death watch'

Chief executive Nigel Eccles welcomed the New York legislation, stating that sports fans in the state had actually sent out more than 110,000 letters and made almost 3,000 calls to legislators backing FanDuel's case.

He stated: "Last fall, amidst national debate, some pundits put fantasy 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 vibrant rapidly moved, and one by one states started to identify this promotion code is a game enjoyed by millions - millions who ought to be able to play and should have the basic protections paid for to consumers in all significant industries."

Earlier this week, 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 partnership handle sports data provider Opta.