Fantasy sports video gaming firm FanDuel has stated it welcomes moves by US authorities to tighten up market guidelines.

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

The guidelines would also require security of players' deposits and "robust" data and security measures.

They likewise seek to guarantee "more honest marketing" and more transparency.

FanDuel stated the yohaig code approach towards regulating fantasy sports made "a significant amount of sense".

Officials in several states have been taking a stringent approach to the market, arguing that paid day-to-day video games quantity to betting.

'Cease and desist'

Recently, the fast-growing Scottish-American tech firm was served with a cease and desist notification by regulators in New York, successfully informing it to stop taking cash in the state.

The leading district attorney argued that fantasy sports firms were running prohibited gaming operations.

FanDuel - a leading player in the US fantasy sports organization - suspended entry to paid contests for people located in New york city pending the result of a court hearing next week.

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

In the current advancement, the lawyer general's office in Massachusetts said an evaluation it had actually performed had "revealed a number of concerns" about the sector's business practices and "the capability of customers to have a fair shot while playing these games".

Attorney General Maura Healey stated: "These policies are a very first of their kind for the day-to-day fantasy sports industry, and they focus on protecting minors, ensuring sincere advertising, bringing more openness to the market, and levelling the playing field for all consumers."

"this promotion code is a primary step, however an essential step, as we continue to examine this brand-new industry and ensure our laws keep up with these developing innovations."

'Tremendous sense'

Reacting to the statement, FanDuel said: "Attorney general of the United States Healey's method towards managing fantasy sports makes a significant amount of sense - it supplies strong securities for customers and permits sports fans to continue doing something they enjoy.

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

"We appreciate that there will be a public notification and remark duration to collect input from all pertinent parties and FanDuel will submit our comments to the policies in the yohaig code next 60 days.

"We likewise invite the chance to work with chief law officer in all states, in addition to other lawmakers, to carry out fair guidelines that benefit both consumers and sports tech innovators."

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

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