Amaya Says Will Only Operate Daily Fantasy Sports Site In 4 States

By Steve GoldsteinMarketWatch Pulse

Amaya said in a statement on Monday it will limit its daily fantasy-sports operations to states with "favorable" existing guidance, which it identified as New Jersey, Massachusetts, Kansas and Maryland. Amaya operates the StarsDraft site, which, according to Legal Sports Report, is the No. 5 operator, behind DraftKings, FanDuel, Yahoo and FantasyDraft. Nevada last week put a halt to daily fantasy sports, and other states are also considering such a move, in part due to allegations of unfair trading practices, as well as ambiguity in federal law that allows such activity.

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