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Sportsbook

Operators don't attend MGC hearing on limiting bettors in Massachusetts

Wednesday 22 de May 2024 / 12:00

2 minutos de lectura

(Massachusetts).- The Massachusetts Gaming Commission held a public roundtable Tuesday to discuss the controversial bookmaking practice of limiting bettors.

Operators don't attend MGC hearing on limiting bettors in Massachusetts

Ten sportsbook operators in Massachusetts that were invited to the roundtable declined to participate, citing concerns over confidentiality of proprietary systems and risk management strategies, and instead requested a private session to discuss the topic.

According to MGC interim chair Jordan Maynard, the roundtable was prompted by complaints from consumers about having the amount they can wager reduced by the state's sportsbooks. It included commentary from gambling industry consultants, an advocate for responsible gambling and a professional bettor. No new policies were enacted, but the committee continued further discussion of the topic.

In its written response to the MGC, Penn Entertainment, which operates ESPN BET, said it reserves the right to change betting and payout limits. "Penn may limit a patron for various reasons, including taking advantage of manipulating the sportsbook or abusing promotional play," Samantha Haggerty, deputy chief compliance officer for Penn National, wrote.

In addition to Penn Entertainment, DraftKings, FanDuel, Fanatics, Caesars Sportsbook, Encore Boston Harbor and BetMGM were among the sportsbooks that declined to participate and provided written confirmation to the MGC. A spokesperson for DraftKings said in a statement that "any meaningful discussion on wagering limits would necessarily involve the disclosure of DraftKings' confidential risk management practices and other commercially sensitive business information."

Categoría:Sportsbook

Tags: Sin tags

País: United States

Región: North America

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

EGT & EGT Digital impressed at GAT Expo 2024 showcasing their innovative iGaming solutions

(Cartagena de Indias, SoloAzar Exclusive).- Ms. Silviya Marinova, Director of EGT Colombia, granted an interview to SoloAzar about the performance of the firm at the latest edition of GAT Expo Cartagena. She spoke about the highlights of the tradeshow, the latest innovations showcased including the Phoenix slot cabinet and the all-in-one betting platform X-Nave. She also remarked the importance of their presence in the iGaming Colombian market.

Wednesday 22 May 2024 / 12:00

Casino Garage: committed to sustainability

(Cartagena de Indias, Exclusive SoloAzar) - Meet Ester Tarres, the visionary behind Casino Garage, a world leader in refurbishing second-hand slot machines since its creation in 2006. With a team of professionals, Casino Garage has become synonymous with excellence. In this article, Ester tells us about her presence at the GAT Expo, held from 9 to 11 April.

Tuesday 07 May 2024 / 12:00

Responsible Gaming, Regulation and Certification in Latin America and the Caribbean

(Cartagena de Indias, Exclusive SoloAzar). - Karen Sierra-Hughes, Vice President for Latin America, the Caribbean and Spain at GLI (Gaming Laboratories International), led the GLI Corporate Conference: Technology and Sustainable Gaming. With her extensive experience as a gaming regulatory consultant in the region, Karen offered key perspectives on how technology can drive sustainability in the gaming industry.

Tuesday 07 May 2024 / 12:00

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