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SportsHub Games Network has got a civil penalty for its operations in New Jersey without a license. The operator has to pay a $30,000 civil penalty under the New Jersey Fantasy Sports Act (FSA).
The statute came into effect from August 2017, with fantasy sports operators already active in the state given until 6 February 2018 to apply for a permit or cease all activities in New Jersey.
The State Division of Consumer Affairs found that SportsHub continued to do business in New Jersey despite failing to file a permit application, in violation of the FSA.
“New Jersey’s fantasy sports law offers fans an opportunity to fully immerse themselves in the sports they love, while ensuring a safe and enjoyable experience for all who participate. As the settlement announced today illustrates, New Jersey enforces the laws in place to ensure transparency and protect consumers from hidden threats to their online privacy,” Attorney General Gurbir Grewal said.
SportsHub agreed to change its business practices as part of the settlement after the investigation discovered that it may have violated New Jersey consumer protection laws.
“We are pleased that SportsHub has obtained the necessary permits to do business in New Jersey and has agreed to abide by all our laws and regulations going forward. As the fantasy sports industry continues to grow in New Jersey, we will closely monitor the activities to ensure that all operators are playing by rules,” Paul R. Rodríguez, acting director of the Division of Consumer Affairs said.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: SportsHub Gets Penalty for Unlawful Fantasy Offering in New Jersey
