NJ Online Gambling Giant, Bwin, Faces Fines

Online Gambling Giant, Bwin, Faces Fines

Online gambling company, Bwin.party, owned by GVC Holdings, has recently been fined a whopping $81,000 (£61,700/€71,100) for allowing players who had proclaimed themselves as self-excluded to gamble through its NJ online betting platform.

What is self-exclusion?

Self-exclusion is a choice that gamblers have the option of making when they believe that they spend too much time and money gambling and wish to be supported in their difficult decision to quit. Because gambling is supposed to be fun and not dangerous, it is expected that companies assist in a player’s decision to be self-excluded.

NJDGE gets involved

The New Jersey Division of Gaming Enforcement (NJDGE) had filed a complaint against Bwin in December, in hopes of receiving authorization to punish the company for going against regulations.

Sadly, a large sum of $41,759.49 was lost by self-excluded players through Bwin’s platform. The numbers were pulled by the Civil Action Order and New Jersey law specifies that self-excluded players should not be allowed to access a licensed gambling platform during the duration of their self-exclusion. Therefore, the company violated the Casino Control Act and will be forced to pay the fine. Partnering with Borgata Casino, Bwin operates a large amount of the gambling business in New Jersey and this will likely stand as a strong example to other NJ gambling companies.

There has been a recent history of minors attempting to access the iGaming services of Rush Street Interactive and the NJDGE has been attempting to put a stop to this illegal activity as well.  Rush Street Interactive received a fine in January for allowing minors to do exactly that. They were asked to pay $30,000 and embarrassingly enough, became the first NJ gaming operator to receive punishment for such penalties.

A new bill in action

Taking the regulations a step further, Ralph Caputo, Assemblymember for New Jersey, had recently proposed a new bill which would strengthen the penalty system on gambling licenses who choose to offer odds on prohibited events. Those in violation would face fines along with the suspension of their license.

Operators who violate this law and take wagers on unlawful events will end up paying fines up to $20,000 as well as the immediate suspension of their sports betting license.

 

Sources:

https://www.igamingbusiness.com

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26 March 2019

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