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Fantasy sports gaming firm FanDuel has said it welcomes moves by US officials to tighten market regulations.

The comments came after the lawyer general of Massachusetts, external proposed new guidelines which would ban individuals under the age of 21 from playing paid dream sports video games.

the yohaig code regulations would likewise need security of gamers' deposits and "robust" information and security procedures.

They likewise seek to ensure "more sincere marketing" and more transparency.

FanDuel stated the technique towards managing dream sports made "a remarkable quantity of sense".
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Officials in numerous states have been taking a stringent approach to the industry, arguing that paid everyday video games amount to gaming.

'Cease and desist'

Last week, the fast-growing Scottish-American tech firm was served with a stop and desist notice by regulators in New york city, effectively informing it to stop taking money in the state.
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The top district attorney argued that fantasy sports firms were running unlawful gaming operations.

FanDuel - a leading gamer in the US dream sports business - suspended entry to paid contests for individuals situated in New york city pending the result of a court hearing next week.
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It also released a petition advising opposition to "any procedure that would prohibit online dream sports".

In the current development, the chief law officer's office in Massachusetts stated a review it had performed had "revealed a number of issues" about the sector's service practices and "the ability of customers to have a reasonable shot while playing these games".

Chief Law Officer Maura Healey said: "These guidelines are a first of their kind for the daily fantasy sports industry, and they focus on securing minors, guaranteeing honest advertising, bringing more transparency to the industry, and levelling the playing field for all customers."
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"this promotion code is a primary step, but a crucial step, as we continue to evaluate this promotion code new industry and make certain our laws keep up with these progressing technologies."
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'Tremendous sense'
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Responding to the announcement, FanDuel said: "Attorney general of the United States Healey's approach towards controling dream sports makes a remarkable quantity of sense - it offers strong protections for consumers and allows sports fans to continue doing something they like.

"FanDuel believes that regulations which increase transparency and ensure contests are reasonable will benefit the whole dream industry.

"We value that there will be a public notification and comment period to gather input from all relevant celebrations and FanDuel will send our comments to the policies in the next 60 days.

"We likewise invite the to work with lawyer generals in all states, in addition to other lawmakers, to carry out reasonable regulations that benefit both customers and sports tech innovators."
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FanDuel was established in Edinburgh in 2009 by business owners Nigel and Lesley Eccles, however only operates in America and Canada.

The set still reside in the Scottish capital, although the website's headquarters remain in New York.
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