Fantasy sports gaming company FanDuel has stated it invites moves by US officials to tighten up industry guidelines.

The remarks followed the chief law officer of Massachusetts, external proposed new rules which would prohibit people under the age of 21 from playing paid dream sports games.

The regulations would also need defense of gamers' deposits and "robust" data and security procedures.

They likewise seek to ensure "more genuine advertising" and more transparency.

FanDuel stated the approach towards regulating dream sports made "a tremendous amount of sense".

Officials in several states have actually been taking a strict approach to the industry, arguing that paid daily games quantity to betting.

'Cease and desist'

Last week, the fast-growing Scottish-American tech firm was served with a stop and desist notification by regulators in New york city, successfully informing it to stop taking cash in the state.

The top district attorney argued that dream sports companies were running illegal gambling operations.

FanDuel - a leading gamer in the US dream sports company - suspended entry to paid contests for people situated in New york city pending the yohaig code outcome of a court hearing next week.

It likewise released a petition advising opposition to "any measure that would ban online dream sports".

In the most recent advancement, the chief law officer's workplace in Massachusetts said an evaluation it had actually carried out had actually "discovered a variety of concerns" about the sector's organization practices and "the yohaig code ability of consumers to have a fair shot while playing these games".

Chief Law Officer Maura Healey said: "These policies are a first of their kind for the daily dream sports industry, and they focus on protecting minors, making sure sincere advertising, bringing more transparency to the industry, and levelling the playing field for all customers."

"this promotion code is an initial step, but an important step, as we continue to examine this promotion code new market and make certain our laws keep up with these developing technologies."

'Tremendous sense'

Reacting to the statement, FanDuel said: "Chief law officer Healey's approach towards managing dream sports makes a tremendous quantity of sense - it supplies strong protections for consumers and enables sports fans to continue doing something they like.

"FanDuel thinks that regulations which increase transparency and guarantee contests are fair will benefit the whole dream market.

"We appreciate that there will be a public notification and remark period to collect input from all pertinent parties and FanDuel will send our comments to the guidelines in the next 60 days.

"We likewise bet9ja's welcome offer the chance to deal with chief law officer in all states, together with other legislators, to implement reasonable regulations that benefit both consumers and sports tech innovators."

FanDuel was established in Edinburgh in 2009 by entrepreneurs Nigel and Lesley Eccles, however just operates in America and Canada.

The pair still live in the Scottish capital, although the site's head offices are in New York.