The Iowa Racing and Gaming Commission levied a $125,000 fine on FanDuel for five violations pertaining to betting markets and the operator’s responsible gaming tools.
FanDuel received fines for allowing improper wagers on the Super Bowl, golf tournaments, Olympic events and soccer matches. The prohibited golf wagers totaled $89,000.
The illicit bets on Olympic events totaled $62,000, while the smallest violation was $330.
FanDuel was also penalized for a lack of RG protections. Its $125,000 fine included a $30,000 penalty for failing to provide customers with adequate “working options” for RG.
“We take responsibility for the matters represented in the settlement before the commission today and understand that we did not meet the high standard that we hold for ourselves,” said FanDuel spokesman Ben Roth in a statement.
FanDuel responded to the regulator’s fines by enhancing its business practices. The Flutter-..
