BetMGM Accused of Accepting 15,000+ Improper Bets in Massachusetts
The Massachusetts Gaming Commission (MGC) has raised concerns about BetMGM’s alleged acceptance of over 15,000 college athlete prop bets, amounting to more than $200,000 in stakes. While some states allow prop wagers on college athletes, Massachusetts prohibits these types of bets.
According to MGC Commissioner Eileen O’Brien, an adjudicatory hearing will take place to address the statutory violation due to the high number of bets and the significant amount of money involved. The MGC’s Investigations and Enforcement Bureau (IEB) first noticed the infractions, as BetMGM did not self-report the violations. MGC Chairperson Kathy Judd-Stein emphasized the importance of quickly resolving the matter “for the protection of student-athletes.”
In addition to BetMGM’s alleged violations, two other compliance issues were brought up during a meeting. The retail sportsbook at MGM Springfield was found to have improperly accepted a small wager on an in-state college team that was not participating in a national tournament. Similarly, Fanatics Betting and Gaming also committed a similar infraction.
The MGC’s scrutiny of BetMGM’s alleged improper bets comes at a time of increasing regulatory oversight in the gambling industry. The repercussions of the adjudicatory hearing and potential penalties for BetMGM are yet to be determined.
This article was originally published on Vegas Slots Online News.