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Sports betting technology provider CG Technology (CGT) was fined a third time and settled to pay $250k for a variety of infractions for a variety of infractions that included allowing those from outside the state of Nevada to place wagers in violation of the law.
The out-of-state wagers were placed between 2016 and 2017 and were self-reported to the regulator by the company.
CGT was also found to have improperly configured a retail betting terminal, allowing players to place bets using odds that were different from those displayed.
Federal regulators had previously hit CGT with a $22.5m penalty or its connections to illegal gambling and money laundering operations in 2016.
The company was also ordered to disband its sports betting platform.
- Aaron Goldstein, Gambling911.com
