Regulators Fine Sports Book For Allowing Credit Card Use On Site

(Des Moines, IA) — State regulators issue a 60-thousand-dollar penalty to a sports book for illegally allowing the use of credit cards on its site. Racing and Gaming administrator, Brian Ohorilko says the penalty involves American Wagering, which does businesses as Caesars Sportsbook. He says a specific incident in July of 2021 led to an audit, which found multiple issues from last year and in 2020. The violations included using credit cards to purchase prepaid debit cards used for gaming. There was a total of 485 transactions worth 212-thousand dollars — which Ohorilko says the Racing and Gaming Commission felt was fairly egregious. This follows a similar penalty levied at the last commission meeting against FanDuel for 75-thousand dollars for a two-count violation.