Pennsylvania regulator levies fines totalling $180,000
PGCB has approved fines against Greenwood Gaming and Entertainment, Wind Creek Bethlehem, and YFS Sub, a subsidiary of Yahoo Fantasy Sports.
US.- The Pennsylvania Gaming Control Board (PGCB) has issued fines totalling $180,000 against Greenwood Gaming and Entertainment, Wind Creek Bethlehem and YFS Sub. The fines are the result of four consent agreements presented by the board’s Office of Enforcement Counsel (OEC).
Greenwood Gaming and Entertainment received two fines of $40,000. One was for three instances of allowing minors to access the gaming floor and play slot machines or table games and the other for permitting the employment of five unlicensed individuals who had access to igaming account holders’ personal identifying information through the betParx platform.
Meanwhile, Wind Creek Bethlehem received a $50,000 fine for failures to follow Know Your Customer (KYC) guidelines that resulted in fraudulent withdrawals from igaming accounts of more than $92,000. Finally, Fantasy contest operator YFS Sub, a subsidiary of Yahoo Fantasy Sports, received a $50,000 fine for failure to notify and gain proper approval for a change of control of its licence.
The PGCB recently reported that the combined revenue generated by gaming and fantasy contests in April was $595m. That’s an increase of 6.5 per cent year-over-year.
