Bovada casino fined $50,000 by Tennessee

A Tennessee state agency has fined Bovada, an illicit online casino and sports betting site that preys on American players, $50,000.

The council is authorized by Tennessee's Sports Gaming Act to fine unlicensed sportsbooks that unlawfully accept wagers from wagerers within the state. According to the law, a first offense carries a $10K fine, a second offense a $15K fine, and subsequent offenses a $25K fine.

 

[magnus2022]

In Tennessee and other states in United States, government is up and doing and make sure that the laws of the land is strictly observed and obeyed but in third world countries, laws have no value except to protect the upper class. In third world countries, in fact government will not even know what there is a breach of law.

 

[gwolf666]

The Tennessee state agency has issued a $50,000 fine to Bovada, an online casino and sports betting site operating without a license and targeting American players. This action was taken under the authority of Tennessee's Sports Gaming Act, which allows for penalties against unlicensed sportsbooks. The fine structure is tiered, with first offenses resulting in a $10,000 penalty, second offenses at $15,000, and subsequent offenses drawing $25,000 fines.