Sports betting firm bet365 fined $33K for taking bets after outcomes were known
New Jersey gambling regulators have levied a $33,000 fine on sports betting company bet365 for taking bets on games in which the outcome was already known, and on games that were not approved for betting
By WAYNE PARRY
Published - Sep 06, 2024, 11:37 AM ET
Last Updated - Dec 16, 2024, 07:30 PM EST
ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have levied a $33,000 fine on sports betting company bet365 for taking wagers on events in which the outcome was already known, and on games that were not approved for betting.
The state Division of Gaming Enforcement revealed Wednesday that the company had numerous instances in which it mistakenly accepted bets on games in which a particular thing had already happened.
In one case, it took bets on a mixed martial arts match that had already been held a week earlier, and was being shown on tape.
The company did not respond to messages seeking comment Thursday and Friday.
