This week online betting firm Gaming Innovation Group was slapped with a large $25,000 fine by the New Jersey Division of Gaming Enforcement after they allowed a punter outside of the state to wager online.
The breach came in regards to a failure in the company's geolocation software, which let the man place his wager from outside of state boundaries. The Garden State's betting laws strictly require punters to be within the borders of New Jersey, in order to avoid violating federal laws that prohibit cross border wagers. No information on the wager placed or the value were available as of press time.
GiG is yet to issue comment on the fine, but there have been a few instances of gamblers finding ways to breach the geofence technology in New Jersey. Earlier this year a man circumvented the fence and was forced to give up almost all of the money he won on the casino. He was able to keep a small amount after sharing the method he used with regulators.
That's a costly software failure for GIG, hopefully for them it won't happen any given day otherwise they might be out of business pretty quickly with the size of the fines NJ inflicting for a state border violations.