New Jersey fines PointsBet for 3 different types of sports betting violations
· 2023-10-17

New Jersey fines PointsBet for 3 different types of sports betting violations

'+oResp.access_rule.message.description+'

Please subscribe to continue reading…

FILE - Saint Peter's players huddle before the second half of a college basketball game against Purdue in the Sweet 16 round of the NCAA tournament, Friday, March 25, 2022, in Philadelphia. The online sports betting company PointsBet committed three different types of violations of New Jersey sports betting laws, including taking bets on soccer games that had already ended, according to gambling regulators who fined the company $25,000. PointsBet accepted bets on March 25, 2022 on the St. Peter's men's basketball team, but which was ineligible to be bet on in New Jersey. The market for St. Peter's bets was live for 55 minutes and two people placed bets, totaling $60. Both were canceled.

ATLANTIC CITY, N.J. (AP) — The online sports betting company PointsBet committed three different types of violations of New Jersey sports betting laws, according to gambling regulators who fined the company $25,000.

The fine was imposed on Aug. 23, but details of the case were not released by the New Jersey Attorney General's Office until Tuesday, nearly two weeks after The Associated Press requested them.

According to a posting on the web site of the state Division of Gaming Enforcement, the agency reached a settlement with PointsBet under which the Denver-based company was to pay a $25,000 fine.

PointsBet declined comment on Wednesday.

One aspect of the fine involved the company accepting so-called “pre-match” bets in August 2021 on games that had already begun. All five bets came from one customer, who wagered $13,500 and received $28,275.

After discovering the error, the bets were voided and the money from the customer's initial bets was returned, according to the gaming enforcement division.

The company told regulators “that it did not have an automated process in place to review the accuracy and timeliness of published markets,” according to the division.

“PointsBet stated that the ‘overwhelming’ number of matches offered through PointsBet made it ‘unrealistic’ to check and verify each event and the market offered for wagering,” the division wrote in a document outlining the charges against the company.

The division added that PointsBet attributed the problem to “an unresolved communication issue” between itself and a third party data feed provider.

PointsBet also accepted bets on March 25, 2022, on the St. Peter's men's basketball team, an underdog team which was on a legendary “Cinderella” roll through the NCAA tournament, but which was ineligible to be bet on in New Jersey. The market for St. Peter's bets was live for 55 minutes and two people placed bets, totaling $60. Both were canceled.

PointsBet blamed human error for the mistake, according to the gaming enforcement division.

On Oct. 29, 2021, the company offered bets on a “League Of Legends” esports competition in which a player on one of the teams was 17 years old, under the legal minimum age of 18.

It took four bets totaling $1,225, but later voided them. The company told regulators it did not check the age of competitors before listing the video game event on its web site for betting, but said it has since added a process to do so.

This story has been corrected to show one of the violations involved pre-match bets that were offered after a game had already begun, not games that had already concluded.

Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

FILE - Saint Peter's players huddle before the second half of a college basketball game against Purdue in the Sweet 16 round of the NCAA tournament, Friday, March 25, 2022, in Philadelphia. The online sports betting company PointsBet committed three different types of violations of New Jersey sports betting laws, including taking bets on soccer games that had already ended, according to gambling regulators who fined the company $25,000. PointsBet accepted bets on March 25, 2022 on the St. Peter's men's basketball team, but which was ineligible to be bet on in New Jersey. The market for St. Peter's bets was live for 55 minutes and two people placed bets, totaling $60. Both were canceled.

Get up-to-the-minute news sent straight to your device.

热门文章
哈萨克斯坦计划对在线赌场促销活动进行处罚
游戏风向
密西西比州众议院委员会推进提议增加赌场税的法案
游戏风向
印度最高法院受理公益诉讼,要求全国禁封“伪装”成社交游戏的赌博平台
游戏风向
PropellerAds 分享了新的 iGaming 案例研究:在 3 个月实现 97,674 次安装和 12,701 笔存款
广告营销
越南博彩管控逐步放宽,惟本土需求仍显乏力
东南亚资讯
准备好了将你的收益最大化吗?尝试ProPush.me Constructor!
广告营销
超级PAC筹资4800万美元:体育博彩势力加码
游戏风向
越南在线博彩业政策收紧 催生市场新机遇
东南亚资讯
巴西颁布新法赋权央行封锁非法博彩账户及 Pix 交易
支付动态
亚洲顶尖游戏供应商多寶游戏 DB GAMING,开创亚洲市场的唯一首选
广告营销
Zenith携手HUIDU,冠名赞助2026年世界杯嘉年华官方巡回活动
线上游戏
张侨伟参议员排除全面禁止,敦促菲律宾规范网络赌博
东南亚资讯
JILI 宣布与全球板球传奇 AB de Villiers(ABD)达成重磅战略合作
体育游戏
新泽西州7月博彩收入创6.06亿美元新高,颁布禁令
游戏风向
BETFAIR 网络攻击80万用户资料泄露
游戏风向
首页
游戏
合作
发现
我的