DraftKings self-reported itself to the Commission after discovering it offered bets on the tennis UTR pro-series, which is not an approved betting event in the state.
The MGC’s Investigations and Enforcement Bureau (IEB) looked into the case. The wagering took place over a 12-day period from March 10 to March 22.
During this time, players placed 864 bets on three events for a total handle of $7,867. DraftKings said the reason the error took place was because of a “miscommunication” between its trading and trading compliance teams.
The fault occurred after the operator copied a list of tennis offerings from a different jurisdiction without verifying if the event was approved in Massachusetts.
After discovering the issue, the DraftKings returned stakes to the players who had placed a bet, as well as removed any winnings and returned any losses.
The operator also removed the UTR pro-series markets from its platform and relayed to its trading team that all new market requests must be submitted first to the compliance team.
[Read full story on iGB North America]
Original article: https://igamingbusiness.com/legal-compliance/ma-regulator-frustrated-by-draftkings-betting-violations/
