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MGC fines DraftKings $450,000 over credit-card wagers in Massachusetts

Enforcement & compliance

The Massachusetts Gaming Commission (MGC) fined DraftKings $450,000 for accepting credit-card deposits linked to wagers in Massachusetts. The incidents from 10 March 2023 to 13 February 2024 involved 1,160 unlawful wagers worth more than $83,000. The MGC also ordered DraftKings to show it returned the funds and to commission a third-party audit.

The fine and required refunds and third-party audit underscore the consequences of accepting credit-card deposits linked to wagers.

End-of-day close DraftKings (DKNG), USD, to 12 September 2025
Story date16 June 202512 September 2025

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

Earlier fines and penalties by MGC

DateCompanyAmountStoryAppeal status
FanDuelNot statedMassachusetts Gaming Commission schedules FanDuel penalty review for 5 DecemberNot stated
BovadaNot statedBovada closes Massachusetts operations after cease-and-desist noticeNot stated

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Ohio commission proposes credit-card ban for online sportsbook deposits

The Ohio Casino Control Commission proposed rule changes that could prohibit credit-card deposits at online sportsbooks in Ohio. Colorado lawmakers are also reviewing a bill to bar credit-card funding of gambling accounts, while BetMGM said it would phase out new credit-card use from 31 March after discussions with Pennsylvania regulators. Caesars ended credit-card deposits on its US online sportsbook, casino and poker platforms in April.

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