- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Fact-checked by Velimir Velichkov
Fanatics Fined $15K in Massachusetts over In-State College Wager
The fine was unanimously approved by the Massachusetts Gaming Commission and comes after a breach related to a $2 wager on an in-state college basketball game
The leading betting operator that continues to expand its presence across the United States, Fanatics, received a new fine in Massachusetts.
Currently, the state doesn’t permit wagering on in-state college games. Massachusetts is among a list of states that banned such wagers in a move that seeks to protect young athletes and ensure the integrity of such competitions.
After recent cases of abuse against professional and collegiate athletes, more US states are considering banning bets on in-state college games.
Despite the regulations, breaches are not uncommon which is why the gambling watchdog in Massachusetts, the Massachusetts Gaming Commission (MGC), constantly monitors the market.
In light of a breach that came as a result of a bet of only $2 on an in-state college basketball game, Fanatics was recently fined in Massachusetts. During a meeting on Thursday, the MGC discussed the breach which dated back to December 2023.
At the time, Fanatics accepted a parlay bet that was worth $2. The wager was one out of four components that involved a non-tournament game of the state’s college basketball team. The aforementioned error was identified by Fanatics. Subsequently, the component of the parlay wager was canceled.
The MGC acknowledged that the betting operator contributed to the investigation into the matter. Still, the regulator recognized the wager was a breach of the gambling regulations which is why a fine of $15,000 was imposed against Fanatics Betting and Gaming. The aforementioned fine received unanimous approval from the MGC and was accepted by Fanatics, SBC Americas reports.
Massachusetts Anticipates Changes to Gambling Ads
The latest announcement comes at a time when Massachusetts is considering new gambling advertising regulations. Amid growing concerns related to problem gambling and the expansion of the betting and gaming sector, the state is planning additional rules for the protection of the players.
A major part of the proposed changes is related to limits to the advertising of high-risk games. Usually, such games are closely related to increased levels of harm. Moreover, Massachusetts is considering additional restrictions on gambling advertising, prohibiting celebrities from appearing in advertisements.
The recently imposed fine against Fanatics isn’t the first for Fanatics in Massachusetts. Back in February, after the MGC uncovered a breach related to a $50 wager on an in-state college football game, the operator received a monetary fine of $10,000.
Related Topics:
Jerome brings a wealth of journalistic experience within the iGaming sector. His interest in the industry began after graduating from college, where he regularly participated in local poker tournaments. This exposure led him to the growing popularity of online poker and casino rooms. Jerome now channels all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Previous Article
Industry
July 12, 2024
Barbora Krejcikova vs. Jasmine Paolini 2024 Wimbledon Odds, Time, and Prediction
Must Read
Industry
January 16, 2025
SPGA Praises New Jersey Bill That Would Regulate Sweepstakes
Industry
January 15, 2025
Brazil Rolls Out Fix to Operator Certification Delays
More Articles
Industry
January 21, 2025
RSI CIO Takes Leave from Company
Casino
January 21, 2025
MGM Grand Hotel & Casino Embarks on $300M Refurbishing Project
Business
January 20, 2025
GiG’s Sweepstakes Platform Hits the Market with Primero
Casino
January 20, 2025
Mississippi Bill Seeks to End Smoking in Casinos
Legal
January 20, 2025
Genshin Impact Dev Faces $20M FTC Fine over Loot Boxes
Legal
January 20, 2025
LV Court Dismisses $11.2M Judgment Against Trey Songz
Legal
January 20, 2025
Legal Battle Between Kalshi and CFTC Intensifies
Casino
January 20, 2025
Eklutna Tribe Works Fast on Birchwood Casino Project