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

A Scottish tech company is to resume its day-to-day dream sports operations in New york city, after a bill legalising the activity was signed into law.
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FanDuel needed to stop running in the state in November after regulators ruled fantasy sports firms' activities amounted to prohibited gambling.

The company also dealt with legal difficulties in a variety of other states.

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

However, considering that January 8 US states have "clarifying the legality" of dream sports, according to the company.
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FanDuel, which was established in Edinburgh in 2009, claims 6 million signed up users throughout the yohaig code US and Canada. New York is among its greatest markets.
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Its technology platform enables sports fans to choose fantasy teams from genuine players, and follow their efficiencies.

'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 more than 110,000 letters and made nearly 3,000 calls to lawmakers backing FanDuel's case.

He stated: "Last fall, amidst national debate, some pundits put dream sports on death watch.
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"But when the calendar turned to 2016 and fantasy sports fans had the opportunity to be heard and lawmakers had the opportunity to act, the dynamic rapidly shifted, and one by one states started to identify this is a game liked by millions - millions who ought to be able to play and should have the basic defenses managed to consumers in all significant markets."

Earlier this week, FanDuel introduced its first product in the UK - a new one-day dream football platform concentrating on the yohaig code English Premier League.

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