The Associated Press quoted Starting 11 CEO Teague Orgeman in an article discussing the state of the fantasy market in light of new regulation and some fantasy companies deciding to exit the space.
Teague explained how the new fantasy regulations create more certainty for fantasy companies and allow new companies with legal compliance capacity to thrive.
From the AP article:
"Some new companies say they’re in a better position to succeed than their predecessors.
Teague Orgeman, co-founder of Starting 11, a Minneapolis-based daily fantasy soccer site hoping to launch soon, says his company’s contest will be more innovative than what’s already out there. And, as a practicing attorney, he’s prepared to navigate the ever-changing regulatory landscape.
“We see opportunity, not the flip,” Orgeman said. “We think regulation is a good thing long-term for industry. It really wasn’t a deterrent.”"