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

The comments came after the attorney general of Massachusetts, external proposed brand-new guidelines which would ban people under the yohaig code age of 21 from playing paid fantasy sports video games.

The regulations would likewise require protection of gamers' deposits and "robust" data and security steps.

They also look for to ensure "more sincere advertising" and more transparency.

FanDuel said the technique towards managing dream sports made "a remarkable amount of sense".

Officials in a number of states have been taking a rigorous approach to the market, arguing that paid day-to-day games amount to gambling.

'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, effectively informing it to stop taking cash in the yohaig code state.

The top prosecutor argued that dream sports firms were running prohibited gaming operations.

FanDuel - a leading player in the US dream sports organization - suspended entry to paid contests for individuals located in New York pending the result of a court hearing next week.

It also introduced a petition urging opposition to "any step that would ban online fantasy sports".

In the most recent advancement, the chief law officer's office in Massachusetts said a review it had actually performed had actually "revealed a variety of concerns" about the sector's service practices and "the ability of customers to have a reasonable shot while playing these games".

Attorney General Maura Healey stated: "These regulations are a very first of their kind for the everyday fantasy sports industry, and they focus on securing minors, making sure sincere marketing, bringing more openness to the market, and levelling the playing field for all customers."

"This is a very first step, but an important step, as we continue to assess this promotion code new market and make certain our laws stay up to date with these evolving innovations."

'Tremendous sense'

Responding to the announcement, FanDuel stated: "Attorney General Healey's approach towards regulating fantasy sports makes a significant amount of sense - it offers strong securities for consumers and allows sports fans to continue doing something they enjoy.

"FanDuel believes that regulations which increase openness and ensure contests are fair will benefit the whole dream market.

"We value that there will be a public notification and comment duration to collect input from all relevant celebrations and FanDuel will submit our remarks to the yohaig code regulations in the next 60 days.

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

FanDuel was established in Edinburgh in 2009 by business owners Nigel and Lesley Eccles, however only operates in America and Canada.

The pair still live in the yohaig code Scottish capital, although the website's headquarters are in New york city.