DraftKings and FanDuel agree to pay Massachusetts fines
In Massachusetts, daily fantasy sports operators DraftKings and FanDuel have reportedly agreed deals that will see them each hand over $1.3 million to settle allegations that they engaged in unfair and deceptive practices prior to 2016.
According to a report from ESPN, the office of Massachusetts Attorney General Maura Healey began investigating the pair’s operating practices and business models in early-2015 and subsequently determined that some participants were not being adequately protected.
“I am glad to have reached these settlements to address various consumer issues that existed at the early stages of this new industry,” read a Thursday statement from Healey cited by ESPN. “We have since implemented a set of comprehensive regulations that provide consumers wi…...