FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting
FanDuel has been hit with a CAD 350,000 ($252,000) penalty from the Alcohol and Gaming Commission of Ontario (AGCO). The fine comes as the Canadian arm of the sports gambling giant failed to tackle match fixing and “suspicious betting.”
The AGCO found that between October 23 and November 30, 2024, 144 bets were placed via FanDuel that stemmed from three Ontario player accounts. The watchdog claims that these 144 bets matched up with signs of match fixing.
AGCO imposes $350,000 penalty...