Massachusetts hits DraftKings with record $450K fine for accepting credit card bets
The Massachusetts Gaming Commission has just handed down its biggest sports betting penalty yet, hitting DraftKings with a $450,000 fine for letting customers fund bets with credit cards, which is against state law.
According to the body, DraftKings failed to stop this kind of funding between March 10, 2023, and February 13, 2024. In that time, 218 customers placed a total of 1,160 improper wagers, using $83,667.92 in credit card deposits.
The decision comes as Connecticut also investigated the company, with DraftKings agreeing to return $3 million to 7,000 Connecticut consumers who participated in certain bonus offers.
DraftKings slapped with largest sports gambling fine in Massachusetts“This series of non-compliance incidents was a serious violation of statute and regulations upon which the Commission provided express advance instruction to DraftKings,” the commission wrote in its July 25 decision. Even though the rule against using credit cards was clearly spelled out and discussed publicly more than once, DraftKings still allowed it to happen.
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Since January 2023, we have launched in Vermont, Ohio, Kentucky, Massachusetts, and Maine and will launch in North Carolina tomorrow. 