New Jersey’s two-year-old dream 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 operating a fantasy sports website from the nation.
SportsHub has a permit to operate fantasy sports games in NJ. But , it still accepted customers for many of 2018 from NJ it didn’t and was required to in the time though.
In fact, SportsHub didn’t submit an application for a license until over a year after NJ handed the 2017 Fantasy Sports Act and close to seven weeks after the Feb. 6, 2018 deadline to apply for a permit or cease operating in the nation.
SportsHub functions fantasy sports competitions under the following names:
An NJ Division of Consumer Affairs investigation really shown more than just the fact SportsHub did company without a permit in NJ.
The analysis also revealed SportsHub failed to disclose things such as:
The investigation also demonstrated SportsHub violated the Consumer Fraud Act in a variety of ways.
By neglecting to disclose it stocks its customers‘ personal information for marketing purposes. Secondly, by falsely advertising on its Leaguesafe online payment system website that it is“the only real fantasy sports consumer protection agency in the world.“
SportsHub confessed to each of wrongdoing, agreed to alter its business practices pay a $30,000 penalty, and to resolve the problems. The business agreed to comply with NJ legislation 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 most of fantasy sports operators:
SportsHub is the dream sports proprietor to be penalized under the Fantasy Sports Act of NJ. The 2017 statute legalized and controlled fantasy sports from NJ.
Fantasy sports is different from traditional sports betting in New Jersey. Fantasy sports players build teams composed of pro athletes and enter the groups everyday or season-long real-money contests using the athletes‘ personal data to keep score. It operates in another sphere different from NJ internet casinos, also.
Grewal said the Fantasy Sports Act was designed to allow consumers protect and play them against unscrupulous operators. He believes it’s working:
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