The job cuts do not impact the rest of the office, which includes an expanding customer service operation, the company said. “The additional regulation and cost of regulatory compliance likely means the end of significant advertising and it may mean a reduction in future private investment in the industry.Of those with bills in play, two legislatures — California and Indiana — already have approved daily fantasy sports bills and sent them to the governor’s office for approval, according to Macias.FanDuel CEO Nigel Eccles in a brief call said the company, which has over 400 employees, is focused on making progress on the legislative front.“Our business position is strong and we have no intention to scale back any operations,” she said, pointing to the company’s official launch in the United Kingdom last week.ESPN and DraftKings declined to comment on the end of their partnership, which was announced last June and made DraftKings the network’s official daily fantasy sports offering.And banking giants Citigroup and Bank of America are blocking their New York customers from playing the contests because the attorney-general in that state is seeking to shut down the industry.Nineteen states currently are considering bills to regulate the industry, in which players compete online for cash prizes by picking teams of real life athletes and racking up “fantasy” points based on how they perform.”.“A couple of setbacks here and there do not necessarily reflect the larger picture,” Macias said. “Whenever you have that, there’s going to be turmoil.“The current model of extensive advertising and marketing budgets is probably no longer viable,” he said. Another 14 states are expected to weigh legislation before the year is over, she said.This week, it was disclosed that brake booster Manufacturer ESPN and DraftKings ended an exclusive advertising deal and FanDuel confirmed Wednesday it had laid off 55 workers in its Orlando, Florida office. (Photo: AP)Daily fantasy sports companies say their industry remains viable despite a rocky start to 2016.“What you’re seeing is an industry that’s very quickly going from an unregulated state to a regulated state,” he said