New Jersey fantasy sports law 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 site in the nation.
SportsHub now has a permit to run fantasy sports. But it still accepted clients for many of 2018 from NJ it did not and was required to in the 25, though.
In reality, SportsHub did not apply for a permit until over a year after NJ handed the 2017 Fantasy Sports Act and close to seven weeks after the Feb. 6, 2018 deadline to either apply for a license or cease working from the nation.
SportsHub functions fantasy sports contests under the following brand names:
More than just the fact SportsHub failed business without a permit in NJ was shown by an NJ Division of Consumer Affairs investigation.
The investigation showed SportsHub failed to disclose many things to customers, such as:
The investigation also disclosed SportsHub violated the Consumer Fraud Act in various ways.
Firstly, by neglecting to disclose it stocks its clients’ personal information for advertising purposes. Secondly, by falsely advertising on its Leaguesafe online payment method website it is”the only dream sports consumer protection agency in the world.”
The Consumer Affairs branch discovered Leaguesafe was keeping two different Privacy Policy and Terms and Conditions. This makes it confusing for customers to figure out which one they had consented to when accessing a SportsHub site.
SportsHub admitted to each of wrongdoing, agreed to change its business practices to resolve the issues, and also pay a $30,000 penalty. The company also agreed to comply with regulations and NJ laws going forward.
Acting Director of the Division of Consumer Affairs Paul R. Rodr??guez said NJ will continue to keep a close eye on all of fantasy sports operators and SportsHub:
SportsHub is the very first dream sports operator to be penalized under NJ’s Fantasy Sports Act. The 2017 statute regulated net fantasy sports and basically legalized.
Fantasy sports differs from traditional single-game sports. Fantasy sports players build teams composed of athletes and input the teams daily or season-long real-money competitions utilizing the athletes’ personal data to keep score. It operates in another world separate from NJ casinos , also.
Grewal stated the Fantasy Sports Act was created to allow consumers protect and play them against unscrupulous operators. He thinks it’s working:
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