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AGCO suspends PointsBet Canada licence for five days over Porter bets

Enforcement & compliance

Ontario’s AGCO suspended PointsBet Canada’s licence for five days after reviewing bets offered on games involving NBA player Jontay Porter. PointsBet confirmed it had taken bets during the suspicious fixtures, and the regulator said the wagers were central to the scheme uncovered in 2024. PointsBet is considering an appeal.

The suspension temporarily prevents PointsBet Canada from operating under its Ontario licence and signals scrutiny of suspicious-bet monitoring.

Earlier fines and penalties by AGCO

DateCompanyAmountStoryAppeal status
PointsBetNot statedAGCO to suspend PointsBet’s Ontario licence over Porter wagersNot stated
PointsBetNot statedAGCO proposes five-day PointsBet suspension over betting oversightNot stated
FanDuelCAD 350,000AGCO fines FanDuel CA$350,000 over Ontario table tennis bettingNot stated
Not namedNot statedAGCO warns Ontario private karaoke bars of stricter enforcement over alcohol violationsNot stated
Zara Lounge & BarNot statedAGCO proposes 45-day liquor licence suspension for Zara LoungeNot stated

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PointsBet reports A$112.7m H1 revenue, down 16% year on year

PointsBet reported revenue of A$112.7m for the six months to 30 September in the first half of its 2027 financial year, a 16% year-on-year decline. The company said Australian sports betting revenue fell 19% to A$91.8m, while Canadian iGaming net win held at A$15.2m; its planned Alberta entry in 2026 remains subject to regulatory approval.

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