BOSTON, Oct. 26, 2015 /PRNewswire/ - A major player in the fast evolving fantasy sports industry met recently with the office of the Massachusetts Attorney General Maura Healey. Representatives of FanTech Software Inc., who operate the site www.FanPicks.com (hereinafter "FanPicks"), sat down this week with Healey's review team to encourage government regulation to ensure the protection of consumers.
Healey was the first government watchdog in the country to begin a review of this new industry. And FanPicks now becomes the first major fantasy company in the U.S. and Canada to invite regulation, distinguishing itself from others in the field who oppose regulatory oversight.
"The consumer is always king and must be protected at all times. Period," says Charly Mechaly CEO of AlphaStreak (a division of FanTech Software Inc. specializing in the B2B and B2G aspects of the fantasy sports business) who was one of the officials who met with the Attorney General's staff yesterday.
FanPicks executives showed the Attorney General's office some of its safety procedures that the business currently implements in order to safeguard consumers and ensure fair play is happening in all its contests and games posted on its sites such as www.FanPicks.com. FanPicks officials also demonstrated to the Attorney General's staff some of its security and EVS features on how to monitor players, determine player locations, protect player funds, and how to maximize a positive player experience.
FanPicks fully supports the fantasy sports industry, maintaining that fantasy contests are skill-based games, but unlike other fantasy site providers, FanPicks understands and welcomes the work of the Attorney General's office.
"Attorney General Maura Healey is leading the way to make rules and procedures for all fantasy sports operators to follow so that all consumers are protected," said Mechaly, "and we applaud her for her leadership." he said.
ABOUT FanTech Software Inc.
FanTech is a leading provider of technology-based solutions, products and services in the global Fantasy sports market. FanTech owns and operates two distinct verticals: Fanpicks.com a B2C vertical that offers premium fantasy sports contests and content, as well as AlphaStreak a B2B and B2G, which offers a full suite of solutions for Fantasy operators and Lottery Operators who want to enter the Fantasy Sports market in their Geographic locations .For more info about Fanpicks.com contact [email protected] and for more info about products and services contact [email protected] .