FANTASY SPORTS COMPANY AGREES TO PAY $30,000 FOR UNLAWFULLY OPERATING IN NJ

New Jersey fantasy sports legislation has claimed its first victim.
On Aug. 22, Attorney General Gurbir S. Grewal and the Division of Consumer Affairs declared Minneapolis-based SportsHub had consented to pay a $30,000 penalty for unlawfully running a fantasy sports website from the nation.
SportsHub now has a license to operate fantasy sports games in NJ. It was accepting clients for most of 2018 from NJ it did not and was needed to at the 25, though.
In reality, SportsHub failed to apply for a license until more than a year after NJ handed the 2017 Fantasy Sports Act and near seven weeks after the Feb. 6, 2018 deadline to apply for a permit or cease working from the nation.
SportsHub operates various fantasy sports competitions under the brand names:
More than only the fact SportsHub failed business in NJ was actually shown by an NJ Division of Consumer Affairs investigation.
The investigation also revealed SportsHub failed to disclose a few things to customers, such as:
The investigation demonstrated SportsHub violated the Consumer Fraud Act in various ways.
By neglecting to disclose it stocks its customers‘ private information for advertising purposes without consent. Second, by falsely advertising on its own Leaguesafe online payment method website that it is“the sole fantasy sports consumer protection service in the world.“
The Consumer Affairs division discovered Leaguesafe was keeping two separate Privacy Policy and Terms and Conditions. This made it confusing for consumers to figure out which one they’d consented to when obtaining a SportsHub website.
SportsHub admitted to all wrongdoing, agreed to alter its business practices pay a $30,000 penalty, and to resolve the problems. The business agreed to comply with all NJ laws and regulations going forward.
Acting Director of the Division of Consumer Affairs Paul R. Rodr??guez stated NJ will continue to keep a close eye on SportsHub and all fantasy sports operators:
SportsHub is the first dream sports proprietor to be penalized under NJ’s Fantasy Sports Act. The 2017 statute controlled internet fantasy sports and legalized.
Fantasy sports is different from conventional single-game sports gambling in New Jersey. Fantasy sports players assemble teams made up of pro athletes and enter the groups in daily or season-long real-money competitions employing the athletes‘ personal statistics to maintain score. It operates in another world separate from NJ casinos that are internet .
Grewal explained the Fantasy Sports Act was developed to let users play and shield them from unscrupulous operators. He believes it is functioning:

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