Update to List of Accepted States
Following a review of recent daily fantasy sports developments within a
number of jurisdictions, we regret to inform you that StarsDraft is now
limiting its operations to a select list of states. Starting today, only
players physically located in Kansas, Massachusetts, Maryland and New
Jersey will be able to participate in our fantasy sports contests.
Withdrawing Your Funds
As part of Amaya Inc., one of the world's largest and most regulated
online gaming brands, we at StarsDraft pride ourselves on best practices
with respect to compliance, security, responsible gaming and the
protection of player funds. Unlike many other fantasy sports operators,
Amaya ensures that all of its brands hold end users’ deposits, winnings
and bonuses in trust accounts through which money is fully protected
from company operating liabilities.
As such, your full balance is and will remain available for withdrawal at your earliest convenience.
To thank you for your support of the StarsDraft brand, we are making the following changes to our system to help assist players with their withdrawal requests:
1. We have removed any minimum withdraw restrictions;
2. We have removed any Bankroll Builder promotional withdraw restrictions;
3. We are converting all loyalty points into cash;
4. We are converting all open tickets and non-deposit promotion tickets
into cash (this does not include Bankroll Builder or First Down deposit
tickets);
5. We have removed the minimum check withdrawal restrictions.
Any winnings and subsequent tickets or loyalty points earned after
tonight's NFL payouts will also be converted to cash following the above
structure.
For more information on this change, please click here.
A Regulated Daily Fantasy Sports Environment
The recent incidents involving the practices of certain leading
companies in DFS demonstrate that the current self-regulatory practices
have fallen short.
We strongly believe that there is a real need for state regulation and
licensing of DFS, and until such time, we will not be operating in any
other states than the four mentioned above which already have existing
and clearly defined daily fantasy sports guidance. We believe that this
is the responsible approach for our company and encourage others in the
industry to consider the same measures in order to ensure the future
growth and viability of daily fantasy sports in the U.S.
We apologize for the abrupt change in policy, we will actively monitor
ongoing developments within DFS and we look forward to working with all
states interested in implementing set guidelines for the operation of
daily fantasy sports in their jurisdiction.
Breaking DFS News: StarsDraft Pulling Out of All But 4 States!! - Kansas, Massachusetts, Maryland and New Jersey - Handicappers Hideaway
