New Jersey Fines PointsBet for Unauthorized Wagers

Gaming operator PointsBet has been fined $25,000 by the New Jersey Division of Gaming Enforcement for allowing unauthorized bets.

The fine was related to three incidents with the company and sportsbetting, dating back to 2021.

The first offense occurred when two gamblers were allowed to bet on a college basketball game that involved St. Peter's University, which is in New Jersey. Laws in the state do not allow betting on collegiate sports in which a team is based in New Jersey. The total bets placed on the game were $60.

The second offense occurred when four gamblers were allowed to bet $1,225 on the League of Legends World Championship eSports event on October 29th, 2021. This wasn't permitted, as one of the competitors was under 18, which is in violation of state law.

The third event took place on August 21st, 2021 and saw a customer bet five times on a match between Cardiff City and Millwall for a total of $13,500. The event had already taken place, with the gambler receiving $28,275. This resulted in the company allowing bets after the outcome of the event was already known, which is also a violation of state law.

In all of the cases above, the bets were voided and players were refunded.

The combined incidents resulted in the fine of $25,000, which was dished out on August 25th.

For their part, PointsBet said that they didn't have an automated system in place at the time, and that there was a communication error with an outside data provider that provides the feeds for the events.

Recently, PointsBet has been acquired by Fanatics Betting and Gaming, and will be working in their brand throughout the United States, including New Jersey.