Fantasy sports gaming firm FanDuel has said it welcomes relocations by US authorities to tighten market policies.

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

The regulations would likewise need protection of players' deposits and "robust" data and security measures.

They likewise seek to make sure "more honest marketing" and more transparency.

FanDuel said the approach towards managing fantasy sports made "a tremendous amount of sense".

Officials in a number of states have actually been taking a stringent approach to the industry, arguing that paid daily games amount to gambling.

'Cease and desist'

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

The top district attorney argued that dream sports companies were running unlawful gambling operations.

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

It likewise launched a petition urging opposition to "any measure that would prohibit online dream sports".

In the most recent advancement, the attorney general of the United States's workplace in Massachusetts stated a review it had conducted had "discovered a variety of issues" about the sector's organization practices and "the ability of consumers to have a fair shot while playing these games".

Attorney General Of The United States Maura Healey stated: "These regulations are a very first of their kind for the daily fantasy sports market, and they focus on protecting minors, ensuring sincere marketing, bringing more transparency to the industry, and levelling the playing field for all customers."

"this promotion code is a first action, but a crucial step, as we continue to assess this new industry and make sure our laws stay up to date with these developing innovations."

'Tremendous sense'

Responding to the statement, FanDuel said: "Attorney general of the United States Healey's method towards managing fantasy sports makes a tremendous quantity of sense - it provides strong defenses for consumers and enables sports fans to continue doing something they love.

"FanDuel thinks that regulations which increase transparency and make sure contests are reasonable will benefit the entire dream market.

"We value that there will be a public notice and remark period to collect input from all appropriate celebrations and FanDuel will submit our comments to the guidelines in the next 60 days.

"We also bet9ja's welcome offer the yohaig code opportunity to deal with lawyer generals in all states, together with other legislators, to carry out fair policies that benefit both customers and sports tech innovators."

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

The set still reside in the yohaig code Scottish capital, although the website's head offices are in New York.