BetMGM Fined $146K by Maryland Lottery and Gaming Control Commission

BetMGM received Maryland mobile sports wagering licenses and began one of seven sportsbooks with that license.

However, Maryland Lottery and Gaming Control Commission assessed a $146,000 fine. This fine beat the previous record of $5,000.

The company agreed to pay the fine after acknowledging early admitting of bets. They accepted 146 live sports bets that were worth more than $2,000 during the pre-launch test that lasted for three hours. That happened on November 16, a week before the license was granted.

 

[Hannman]

I'm usually concerned about am tho kind of money that most gambling company at fined because they seem huge to me but when i consider how lucrative their business are and how much they are making, the fine is a small thing to them