FanDuel to resume operations in New york city after law modification

4 August 2016

A Scottish tech company is to resume its daily fantasy sports operations in New york city, after a costs legalising the activity was signed into law.

FanDuel needed to stop operating in the state in November after regulators ruled fantasy sports companies' activities totaled up to illegal gambling.

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

FanDuel later warned it might not be able to continue as a going issue due to legal barriers in the US.

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

FanDuel, which was established in Edinburgh in 2009, lays claim to six million signed up users across the US and Canada. New York is among its greatest markets.

Its technology platform enables sports fans to select dream groups from real gamers, and follow their efficiencies.

'On death watch'

President Nigel Eccles invited the New york city legislation, stating that sports fans in the state had sent more than 110,000 letters and made almost 3,000 calls to lawmakers backing FanDuel's case.

He said: "Last fall, amidst national controversy, some pundits put dream sports on death watch.

"But when the calendar turned to 2016 and dream sports fans had the opportunity to be heard and legislators had the chance to act, the dynamic rapidly shifted, and one by one states began to recognise this promotion code is a video game loved by millions - millions who need to have the ability to play and deserve the basic securities afforded to consumers in all major markets."

Earlier today, FanDuel launched its very first product in the UK - a new one-day fantasy football platform focusing on the English Premier League.

The move came after it struck a collaboration bet9ja's welcome offer with sports data service provider Opta.