Category Archives: Roulette

Caesars Hit With $7.8M Penalty for Years of Lapses Tied to Bookmaker

Caesars Palace and affiliated Caesars Entertainment properties will pay a $7.8 million fine following a Nevada Gaming Control Board (NGCB) complaint outlining prolonged anti-money laundering (AML) failures involving California bookmaker Mathew Bowyer. Regulators said Caesars continued allowing Bowyer to …

The post Caesars Hit With $7.8M Penalty for Years of Lapses Tied to Bookmaker first appeared on RealMoneyAction.com.

Massachusetts Issues Strong Warning to Sportsbooks on Prediction Markets

Sports wagering licensees in Massachusetts are facing renewed scrutiny as the Massachusetts Gaming Commission (MGC) formally warned operators against partnering with prediction market platforms or offering sports event contracts within the state. In a letter issued this week, the regulator …

The post Massachusetts Issues Strong Warning to Sportsbooks on Prediction Markets first appeared on RealMoneyAction.com.