Two Atlantic City casinos fined over illegal sports betting wagers

Two casinos in New Jersey have been fined for accepting bets on college sporting events.

The New Jersey Division of Gaming Enforcement has issued fines to Golden Nugget Atlantic City and Caesars Entertainment Corporation.

Although It is legal to bet on professional and collegiate sports, New Jersey does not allow punters to bet on college games involving New Jersey college teams or on any college event that takes place within the state.

Caesars was fined $2,000 for bets that were placed on a game between the Kansas Jayhawks and Rutgers Scarlet Knights on 10 September 2018.

The state regulator did not specify which Caesars property was involved. Caesars owns two casinos in Atlantic City that offer sports betting.

Golden Nugget is required to forfeit $390 in gaming winnings that are owed to 10 unidentified individuals that bet on New Jersey college football games.

In the filing, it states that “once discovered, the wagers were cancelled; however, the funds were unable to be refunded to patrons due to their unknown identities.”

This marks the first instance where the state regulator has had to issue fines for illegal bets since sports betting launched in June 2018.

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