FanDuel to resume operations in New York 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 needed to stop operating in the state in November after regulators ruled dream sports companies' activities amounted to illegal gambling.

The company likewise dealt with legal hurdles in a variety of other states.

FanDuel later on cautioned it may not have the ability to continue as a going issue due to legal obstacles in the US.

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

FanDuel, which was founded in Edinburgh in 2009, lays claim to 6 million registered users throughout the US and Canada. New York is among its greatest markets.

Its technology platform permits sports fans to choose dream teams from real players, and follow their performances.

'On death watch'

Chief executive Nigel Eccles welcomed the yohaig code New york city legislation, stating 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 said: "Last fall, in the middle of national debate, some pundits put fantasy sports on death watch.

"But when the yohaig code calendar turned to 2016 and fantasy sports fans had the chance to be heard and lawmakers had the opportunity to act, the dynamic quickly shifted, and one by one states started to acknowledge this promotion code is a game loved by millions - millions who need to have the ability to play and be worthy of the basic securities managed to consumers in all major industries."

Earlier today, FanDuel launched its very first item in the UK - a new one-day dream football platform concentrating on the English Premier League.

The relocation came after it struck a collaboration handle sports information service provider Opta.