BetMGM Fined $100K Over Fraud Control Failures

The Pennsylvania Gaming Control Board has approved a $100,000 fine against BetMGM, concluding that the operator failed to maintain adequate safeguards to stop fraudulent activity across its online betting platforms. The penalty follows a consent agreement in which regulators determined that BetMGM did not implement sufficient Know-Your-Customer procedures. These shortcomings enabled individuals to create and […]

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BetMGM Fined $100K Over Fraud Control Failures

The Pennsylvania Gaming Control Board has approved a $100,000 fine against BetMGM, concluding that the operator failed to maintain adequate safeguards to stop fraudulent activity across its online betting platforms. The penalty follows a consent agreement in which regulators determined that BetMGM did not implement sufficient Know-Your-Customer procedures. These shortcomings enabled individuals to create and […]

Read More

BetMGM Fined $100K Over Fraud Control Failures

The Pennsylvania Gaming Control Board has approved a $100,000 fine against BetMGM, concluding that the operator failed to maintain adequate safeguards to stop fraudulent activity across its online betting platforms. The penalty follows a consent agreement in which regulators determined that BetMGM did not implement sufficient Know-Your-Customer procedures. These shortcomings enabled individuals to create and […]

Read More