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New Jersey fines DraftKings $150,000 for allowing proxy betting

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BobbyFK

BobbyFK

Joined
Oct 19, 2021
Messages
19,966
I am sure this is probably still going on, he just got caught up doing it. Plus if he’s betting those kind of numbers what’s $150,000 fine to DraftKings
 

Tanko

Tanko

Joined
Oct 27, 2021
Messages
40,157
Read the article. It was pretty blatant proxy betting:

1) It was essentially approved by Draft Kings. They said as long as he did it with a 2 hour delay, its OK. (Its still illegal to do it like that)

and

2) The guy even placed proxy bets in front of company employees (in person at Superbowl) showing Draft Kings clearly knew it was occurring.

If the guy doing the betting had any brains he would have known better than to conduct his business like that. What is sad is, all that happened to the bettor was his plays were cancelled. Draft Kings got a the fine and that was relatively small.
 
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