FanDuel to resume operations in New York after law change

4 August 2016

A Scottish tech company is to resume its day-to-day fantasy sports operations in New york city, after a bill legalising the yohaig code activity was signed into law.

FanDuel had to stop operating in the state in November after regulators ruled dream sports firms' activities totaled up to illegal betting.

The business also dealt with legal obstacles in a number of other states.

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

However, since January eight US states have actually passed laws "clarifying the yohaig code legality" of dream sports, according to the business.

FanDuel, which was founded in Edinburgh in 2009, claims 6 million registered users across the yohaig code US and Canada. New York is among its greatest markets.

Its innovation platform allows sports fans to choose fantasy teams from real players, and follow their performances.

'On death watch'

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

He stated: "Last fall, in the middle of national debate, some experts put fantasy sports on death watch.

"But when the calendar turned to 2016 and fantasy sports fans had the opportunity to be heard and legislators had the opportunity to act, the dynamic rapidly moved, and one by one states started to acknowledge this promotion code is a game loved by millions - millions who ought to have the ability to play and should have the standard defenses paid for to consumers in all major industries."

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

The relocation followed it struck a collaboration deal with sports data provider Opta.