Amaya Gaming Calls For DFS Regulation

Amaya Gaming Calls For DFS Regulation

Friday, 9 October 2015

The parent of Full Tilt and PokerStars, Amaya Gaming, has called on regulators in the United States to more closely monitor the daily fantasy sports (DFS) sector.

The DFS market is relatively new and its growth in the United States shares a number of parallels with the online poker boom that began around 2003. However, regulation remains unclear and Amaya Gaming is calling for more scrutiny as sites begin to attract millions of players.

Amaya Gaming's call follows revelations of operation deficiencies at popular North American DFS sites DraftKings and FanDuel with the firm declaring that it doesn't believe the current self-regulation model to be working.

Having already experienced the legal system in the United States with regards to online poker, Amaya Gaming is hoping it will not have to go through similar processes with its new DFS venture, StarsDraft.

Despite meeting much of the necessary criteria, Montreal-based Amaya Gaming struggled for over a year to obtain a New Jersey iGaming licence and recently announced that it will soon launch Full Tilt and PokerStars services for players in 'The Garden State'. But, the licensing process proved extremely draining on resources and the operator wants to avoid similar scenarios in the future.

Although there is nothing on the horizon in terms of DFS regulation, it seems as though it will only be a matter of time before sites such as DraftKings and StarsDraft will have to comply with a series of licensing conditions.

Tags: Amaya Gaming, StarsDraft, DraftKings, FanDuel, Full Tilt, PokerStars