Des Moines, Iowa — State regulators issued a 60-thousand dollar penalty to a sports book Thursday for illegally allowing the use of credit cards on its site. Racing and Gaming administrator, Brian Ohorilko, says the penalty involves American Wagering, which does businesses as Caesars Sportsbook.
He says the audit found multiple issues.
There were a total of 485 transactions worth 212-thousand dollars — which he says the Racing and Gaming Commission felt was fairly egregious. This follows a similar penalty levied at the last commission meeting against FanDuel for 75-thousand dollars for a two-count violation. Ohorilko says this is something that has come up with the sports books and there will be some more penalties in the Commission’s future meetings.
Ohorilko says the companies are working to make corrections so these types of violations.
Ohorilko says there are some other penalties — such as license suspensions — the commissioners can levy if the problems don’t get correct. But he says the ultimate goal with any of these violations is to get them back into compliance with the law.
