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Thread: Las Vegas Sportsbook operator CG Technology fined $250,000 for "accepting out of state bets" and other violations

  1. #1

    Las Vegas Sportsbook operator CG Technology fined $250,000 for "accepting out of state bets" and other violations

    CARSON CITY, Nev. ó A company that operates race and sports books in eight Las Vegas casinos is being fined $250,000
    by the Nevada regulators for illegally accepting out of state bets, taking wagers after the contest was completed and underpaying or overpaying players.

    CG Technology Holding last week signed a stipulation with the Nevada Gaming Control Board it also will discontinue its use of a sports pool computer system.

    This is the third time the company has been fined for violations. It paid a $22.5 million fine to the U.S. government in October 2016 with the state receiving $700,000 of the amount. The state also imposed a $1.5 million penalty in 2006 for gaming violations.
    https://www.nnbusinessview.com/news/...da-regulators/

    Fines are just the cost of doing business!
    http://www.miraclecovers.com

    "Donk down, thatís what you say to someone after they have lost 28K straight?" - Phil Hellmuth, online

  2. #2
    http://www.miraclecovers.com

    "Donk down, thatís what you say to someone after they have lost 28K straight?" - Phil Hellmuth, online

  3. #3
    Obviously they dont give a shit about the law.. They just see the fines as a cost of doing business illegally

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