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DraftKings fined $100,000 by New Jersey gambling regulators over inaccurate sports betting data

Last Updated 2 weeks by Amnon J. Jobi | Amnon Front Page

DraftKings has been fined $100,000 by New Jersey gambling regulators for sending inaccurate sports betting data to the state.

The company overstated the amount of money wagered on multi-tiered bets, known as parlays, and understated other types of wagers.

Regulators had to post corrected financial data for several months something that hasn’t happened in 13 years, according to the New Jersey Division of Gaming Enforcement.

Other News:   Verizon looking into cell service issues for many Tri-State customers after WCPO 9 report

These types of gross errors and failures cannot be tolerated in the New Jersey gaming regulatory system. They evidenced weaknesses in DraftKings’ business abilities and casino experience and unacceptable conduct in dealing with regulations and requisite reporting and financial systems, said the Division of Gaming Enforcement in a letter to DraftKings last month. The letter was recently made public.

Other News:   Up to $110,000 in scholarships available for teens who volunteer helping veterans

DraftKings told the state the errors happened because of a coding problem in a database, which has since been fixed.

We value our relationship with the DGE and are committed to ensuring compliance with all regulatory guidelines. There was an error in the reporting of our wagering mix breakdown to the state that we have corrected by implementing additional controls, the company said in a statement obtained by The Associated Press.

Other News:   Scott, Haley’s South Carolina Roots Aren’t Enough to Secure Victory in the State’s Early Primary, GOP Operatives Say

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DraftKings fined $100,000 by New Jersey gambling regulators over inaccurate sports betting data

Last Updated 2 weeks by Amnon J. Jobi | Amnon Front Page

DraftKings has been fined $100,000 by New Jersey gambling regulators for sending inaccurate sports betting data to the state.

The company overstated the amount of money wagered on multi-tiered bets, known as parlays, and understated other types of wagers.

Regulators had to post corrected financial data for several months something that hasn’t happened in 13 years, according to the New Jersey Division of Gaming Enforcement.

Other News:   Verizon looking into cell service issues for many Tri-State customers after WCPO 9 report

These types of gross errors and failures cannot be tolerated in the New Jersey gaming regulatory system. They evidenced weaknesses in DraftKings’ business abilities and casino experience and unacceptable conduct in dealing with regulations and requisite reporting and financial systems, said the Division of Gaming Enforcement in a letter to DraftKings last month. The letter was recently made public.

Other News:   Up to $110,000 in scholarships available for teens who volunteer helping veterans

DraftKings told the state the errors happened because of a coding problem in a database, which has since been fixed.

We value our relationship with the DGE and are committed to ensuring compliance with all regulatory guidelines. There was an error in the reporting of our wagering mix breakdown to the state that we have corrected by implementing additional controls, the company said in a statement obtained by The Associated Press.

Other News:   Scott, Haley’s South Carolina Roots Aren’t Enough to Secure Victory in the State’s Early Primary, GOP Operatives Say

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

DraftKings fined $100,000 by New Jersey gambling regulators over inaccurate sports betting data

Last Updated 2 weeks by Amnon J. Jobi | Amnon Front Page

DraftKings has been fined $100,000 by New Jersey gambling regulators for sending inaccurate sports betting data to the state.

The company overstated the amount of money wagered on multi-tiered bets, known as parlays, and understated other types of wagers.

Regulators had to post corrected financial data for several months something that hasn’t happened in 13 years, according to the New Jersey Division of Gaming Enforcement.

Other News:   Verizon looking into cell service issues for many Tri-State customers after WCPO 9 report

These types of gross errors and failures cannot be tolerated in the New Jersey gaming regulatory system. They evidenced weaknesses in DraftKings’ business abilities and casino experience and unacceptable conduct in dealing with regulations and requisite reporting and financial systems, said the Division of Gaming Enforcement in a letter to DraftKings last month. The letter was recently made public.

Other News:   Up to $110,000 in scholarships available for teens who volunteer helping veterans

DraftKings told the state the errors happened because of a coding problem in a database, which has since been fixed.

We value our relationship with the DGE and are committed to ensuring compliance with all regulatory guidelines. There was an error in the reporting of our wagering mix breakdown to the state that we have corrected by implementing additional controls, the company said in a statement obtained by The Associated Press.

Other News:   Scott, Haley’s South Carolina Roots Aren’t Enough to Secure Victory in the State’s Early Primary, GOP Operatives Say

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

DraftKings fined $100,000 by New Jersey gambling regulators over inaccurate sports betting data

Last Updated 2 weeks by Amnon J. Jobi | Amnon Front Page

DraftKings has been fined $100,000 by New Jersey gambling regulators for sending inaccurate sports betting data to the state.

The company overstated the amount of money wagered on multi-tiered bets, known as parlays, and understated other types of wagers.

Regulators had to post corrected financial data for several months something that hasn’t happened in 13 years, according to the New Jersey Division of Gaming Enforcement.

Other News:   Verizon looking into cell service issues for many Tri-State customers after WCPO 9 report

These types of gross errors and failures cannot be tolerated in the New Jersey gaming regulatory system. They evidenced weaknesses in DraftKings’ business abilities and casino experience and unacceptable conduct in dealing with regulations and requisite reporting and financial systems, said the Division of Gaming Enforcement in a letter to DraftKings last month. The letter was recently made public.

Other News:   Up to $110,000 in scholarships available for teens who volunteer helping veterans

DraftKings told the state the errors happened because of a coding problem in a database, which has since been fixed.

We value our relationship with the DGE and are committed to ensuring compliance with all regulatory guidelines. There was an error in the reporting of our wagering mix breakdown to the state that we have corrected by implementing additional controls, the company said in a statement obtained by The Associated Press.

Other News:   Scott, Haley’s South Carolina Roots Aren’t Enough to Secure Victory in the State’s Early Primary, GOP Operatives Say

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

DraftKings fined $100,000 by New Jersey gambling regulators over inaccurate sports betting data

Last Updated 2 weeks by Amnon J. Jobi | Amnon Front Page

DraftKings has been fined $100,000 by New Jersey gambling regulators for sending inaccurate sports betting data to the state.

The company overstated the amount of money wagered on multi-tiered bets, known as parlays, and understated other types of wagers.

Regulators had to post corrected financial data for several months something that hasn’t happened in 13 years, according to the New Jersey Division of Gaming Enforcement.

Other News:   Verizon looking into cell service issues for many Tri-State customers after WCPO 9 report

These types of gross errors and failures cannot be tolerated in the New Jersey gaming regulatory system. They evidenced weaknesses in DraftKings’ business abilities and casino experience and unacceptable conduct in dealing with regulations and requisite reporting and financial systems, said the Division of Gaming Enforcement in a letter to DraftKings last month. The letter was recently made public.

Other News:   Up to $110,000 in scholarships available for teens who volunteer helping veterans

DraftKings told the state the errors happened because of a coding problem in a database, which has since been fixed.

We value our relationship with the DGE and are committed to ensuring compliance with all regulatory guidelines. There was an error in the reporting of our wagering mix breakdown to the state that we have corrected by implementing additional controls, the company said in a statement obtained by The Associated Press.

Other News:   Scott, Haley’s South Carolina Roots Aren’t Enough to Secure Victory in the State’s Early Primary, GOP Operatives Say

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

DraftKings fined $100,000 by New Jersey gambling regulators over inaccurate sports betting data

Last Updated 2 weeks by Amnon J. Jobi | Amnon Front Page

DraftKings has been fined $100,000 by New Jersey gambling regulators for sending inaccurate sports betting data to the state.

The company overstated the amount of money wagered on multi-tiered bets, known as parlays, and understated other types of wagers.

Regulators had to post corrected financial data for several months something that hasn’t happened in 13 years, according to the New Jersey Division of Gaming Enforcement.

Other News:   Verizon looking into cell service issues for many Tri-State customers after WCPO 9 report

These types of gross errors and failures cannot be tolerated in the New Jersey gaming regulatory system. They evidenced weaknesses in DraftKings’ business abilities and casino experience and unacceptable conduct in dealing with regulations and requisite reporting and financial systems, said the Division of Gaming Enforcement in a letter to DraftKings last month. The letter was recently made public.

Other News:   Up to $110,000 in scholarships available for teens who volunteer helping veterans

DraftKings told the state the errors happened because of a coding problem in a database, which has since been fixed.

We value our relationship with the DGE and are committed to ensuring compliance with all regulatory guidelines. There was an error in the reporting of our wagering mix breakdown to the state that we have corrected by implementing additional controls, the company said in a statement obtained by The Associated Press.

Other News:   Scott, Haley’s South Carolina Roots Aren’t Enough to Secure Victory in the State’s Early Primary, GOP Operatives Say

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

DraftKings fined $100,000 by New Jersey gambling regulators over inaccurate sports betting data

Last Updated 2 weeks by Amnon J. Jobi | Amnon Front Page

DraftKings has been fined $100,000 by New Jersey gambling regulators for sending inaccurate sports betting data to the state.

The company overstated the amount of money wagered on multi-tiered bets, known as parlays, and understated other types of wagers.

Regulators had to post corrected financial data for several months something that hasn’t happened in 13 years, according to the New Jersey Division of Gaming Enforcement.

Other News:   Verizon looking into cell service issues for many Tri-State customers after WCPO 9 report

These types of gross errors and failures cannot be tolerated in the New Jersey gaming regulatory system. They evidenced weaknesses in DraftKings’ business abilities and casino experience and unacceptable conduct in dealing with regulations and requisite reporting and financial systems, said the Division of Gaming Enforcement in a letter to DraftKings last month. The letter was recently made public.

Other News:   Up to $110,000 in scholarships available for teens who volunteer helping veterans

DraftKings told the state the errors happened because of a coding problem in a database, which has since been fixed.

We value our relationship with the DGE and are committed to ensuring compliance with all regulatory guidelines. There was an error in the reporting of our wagering mix breakdown to the state that we have corrected by implementing additional controls, the company said in a statement obtained by The Associated Press.

Other News:   Scott, Haley’s South Carolina Roots Aren’t Enough to Secure Victory in the State’s Early Primary, GOP Operatives Say

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *