{"id":261,"date":"2024-06-27T10:58:30","date_gmt":"2024-06-27T07:58:30","guid":{"rendered":"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/27\/draftkings-fined-100000-for-gambling-promotion-violations\/"},"modified":"2024-06-27T10:58:30","modified_gmt":"2024-06-27T07:58:30","slug":"draftkings-fined-100000-for-gambling-promotion-violations","status":"publish","type":"post","link":"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/27\/draftkings-fined-100000-for-gambling-promotion-violations\/","title":{"rendered":"DraftKings Fined $100,000 for Gambling Promotion Violations"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/6x7mehzNP5c\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Ontario Alcohol and Gaming Commission (AGCO) has levied a $100,000 fine on DraftKings for breaching the regulator&#8217;s guidelines on gambling promotion and enticement.<\/p>\n<p>The AGCO determined that between May 19 and May 31, DraftKings &#8220;published or aired numerous widespread inducements to gamble,&#8221; encompassing advertisements showcasing enhanced odds.<\/p>\n<p>This action contravenes provincial sports betting regulations, which stipulate that enticements, bonuses, and points can solely be advertised on the operator&#8217;s online platform or through targeted marketing initiatives.<\/p>\n<p>The AGCO asserted that these standards are intended to safeguard Ontario residents.<\/p>\n<p>Operators possess the right to appeal to the Licence Appeal Tribunal (LAT), an integral component of the Ontario Court.<\/p>\n<p>This marks the third regulatory action undertaken by the AGCO against advertising since the market&#8217;s inauguration on April 4. In the preceding month, BetMGM and PointsBet were penalized $48,000 and $30,000, respectively, for inducement violations. <\/p>\n<p>Tom Mungham, the head honcho and official registrar of the Alcohol and Gaming Commission of Ontario (AGCO), declared: &#8220;The AGCO will keep a watchful eye on the actions of all registered operators and make sure they adhere to high standards of responsible gambling, player safety, and game fairness.&#8221; &#8220;For the benefit of the public, we must ensure they are fulfilling their duties under the Ontario Gaming Control Act and our regulations.&#8221;<\/p>\n<p>Sign up for the iGaming Newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >The Ontario Alcohol and Gaming Commission (AGCO) has levied a $100,000 fine on DraftKings for breaching the regulator&#8217;s guidelines on gambling promotion and enticement. The AGCO determined that between May 19 and May 31, DraftKings &#8220;published or aired numerous widespread inducements to gamble,&#8221; encompassing advertisements [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DraftKings Fined $100,000 for Gambling Promotion Violations<\/title>\n<meta name=\"description\" content=\"The AGCO fined DraftKings for violating gambling promotion guidelines by offering enhanced odds and other enticements. 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