MGCB fines American Wagering $100,000 over unauthorised deposits
Michigan’s Gaming Control Board fined American Wagering $100,000 over a Caesars Sportsbook account’s fictitious deposits, according to the regulator’s order. The user made 116 deposits totalling $2.1 million without an authorised funding method; the company agreed to pay the fine earlier in 2025, and the order was filed on 9 September.
The fine highlights the regulatory consequences of account controls that allow deposits without an authorised funding method.