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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

PGS, Perú Gaming Show 2024

12 de June 2024

Gambling regulation in Peru: evolution towards stability and legal certainty

(Lima, Exclusive SoloAzar) - From the repeal of the 20% tax by the Constitutional Court to the implementation of the Reorganisation and Formalisation Law, the regulation of gambling in Peru has undergone multiple changes. In this article, SoloAzar summarises the presentation by Dr. Constante Traverso, lawyer and head of APEJA, during the PGS, who underlines the need for a stable and fair public policy.

Wednesday 19 Jun 2024 / 12:00

Win Systems concludes a successful participation in Peru Gaming Show 2024

(Barcelona).- Win Systems, a leading technology provider for the gaming and entertainment industry, celebrates a successful participation in the recent edition of the Peru Gaming Show (PGS), which took place on June 12th and 13th at the Jockey Convention Center in Lima, Peru. The event was a perfect platform to showcase the company’s innovative solutions and cutting-edge products, specifically designed for the Peruvian market.

Wednesday 19 Jun 2024 / 12:00

The impact of AI on marketing campaigns, a featured topic at PGS 2024 conferences

(Lima, SoloAzar Exclusive).- Rony Vexelman, Marketing Manager of Optimove, presented the conference “Maximizing AI, the evolution of roles in iGaming”, within PGS event, held last week in Peru. From SoloAzar we share the highlights of the talk that shows how AI impacts online gaming and sports betting marketing campaigns.

Tuesday 18 Jun 2024 / 12:00

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