Tennessee sports betting regulators hit three operators with fines, including a $25,000 assessment against BetMGM.
According to the Tennessee Sports Wagering Council (SWC), BetMGM allowed customers to place same-game parlays that included penalty cards given out during soccer games. Tennessee sports betting regulators prohibit wagering on penalties.
Action 24/7 and Penn Interactive (ESPN Bet) were fined for violations involving self-excluded bettors. The fines were announced during an in-person committee meeting last Wednesday.
TN sports betting missteps
Action 24/7 agreed to pay $18,000 to state regulators for failing to prevent self-excluded players from depositing and betting.
This is not the first time Action 24/7, which is only available in the Volunteer State, has drawn the ire of TN sports betting regulators.
The sportsbook failed to prevent suspected credit card fraud and money laundering, and its license was suspended in March 2021.
Two fines for Penn Interactive
Penn Interactive, which operates the ESPN Bet app, agreed to two fines totaling $12,000. The first, for $3,000, was for sending marketing messages to self-excluded bettors.
The second fine was $9,000 after Penn failed to self-exclude a player.
The SWC routinely audits sportsbooks for compliance, though this trio of operators self-reported each violation.
Recent TN sports betting violations
In May, the SWC fined ZenSports $60,000 for not having enough money in its reserve account.
ZenSports, like Action 24/7, only operates in Tennessee.
Tennessee sportsbooks must maintain a balance high enough to cover any outstanding obligations. Three separate times in December 2023, ZenSports allowed its reserves to drop below that minimum threshold.
Fanatics fined in May, too
Fanatics also agreed to a $50,000 fine in May after the TN sports betting app enabled eight self-excluded player accounts.
The operator paid $6,250 for each infraction.
The violations stemmed from a coding issue while Fanatics migrated its platform from PointsBet. The same coding issues led to a $2,500 fine in Indiana earlier this year.
