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Fantasy sports gaming firm FanDuel has stated it welcomes relocations by US officials to tighten up industry policies.

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

The regulations would likewise need protection of players' deposits and "robust" information and security procedures.

They also seek to guarantee "more truthful marketing" and more openness.

FanDuel said the yohaig code method towards controling dream sports made "a tremendous amount of sense".

Officials in numerous states have actually been taking a strict approach to the industry, arguing that paid daily video games total up to betting.

'Cease and desist'

Last week, the fast-growing Scottish-American tech company was served with a cease and desist notice by regulators in New york city, efficiently informing it to stop taking money in the state.

The top prosecutor argued that fantasy sports companies were running prohibited betting operations.

FanDuel - a leading gamer in the US fantasy sports business - suspended entry to paid contests for individuals situated in New York pending the outcome of a court hearing next week.

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

In the most recent advancement, the attorney general's workplace in Massachusetts said a review it had performed had "discovered a variety of issues" about the sector's organization practices and "the ability of customers to have a reasonable shot while playing these video games".

Chief Law Officer Maura Healey stated: "These policies are a very first of their kind for the daily dream sports market, and they concentrate on securing minors, ensuring truthful marketing, bringing more openness to the market, and levelling the playing field for all customers."

"this promotion code is a primary step, but a crucial action, as we continue to examine this brand-new market and make sure our laws stay up to date with these progressing innovations."

'Tremendous sense'

Reacting to the statement, FanDuel said: "Chief law officer Healey's method towards regulating fantasy sports makes a tremendous quantity of sense - it offers strong defenses for customers and permits sports fans to continue doing something they like.

"FanDuel believes that regulations which increase openness and ensure contests are reasonable will benefit the entire fantasy market.

"We value that there will be a public notification and remark duration 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 opportunity to work with chief law officer in all states, along with other legislators, to carry out reasonable regulations that benefit both customers and sports tech innovators."

FanDuel was founded in Edinburgh in 2009 by business owners Nigel and Lesley Eccles, but just operates in America and Canada.

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