Ohio regulators issue $425,000 fine to DraftKings
The Ohio Casino Control Commission noted in a release that it discovered DraftKings offered proposition wagers on individual college athletes in violation of Ohio administrative code. They also permitted deposit-enabled account to be funded through an unapproved method.
“The Commission is steadfast in its efforts to ensure Ohio’s sportsbooks are in compliance with all gaming‐related laws, and we will not hesitate to take administrative action when necessary in order to maintain the integrity of gaming and to protect Ohio’s citizens,” said Thomas J. Stickrath, Chair of the Ohio Casino Control Commission.
The company allowed 40,985 cash deposits to fund sports betting accounts at non-gaming retail locations, which is a method not approved by the commission. The deposits totaled more than $2.5 million and were made over Jan. 1, 2023, through March 5, 2024.
The commission will also require DraftKings to ensure that its personnel are trained in all laws, policies, and procedures relevant to accepting wagers on college sports and permissible methods of funding sports betting accounts.
“DraftKings is dedicated to upholding the regulatory standards set by each state and jurisdiction in which we operate. We value the productive relationships we’ve built with regulators and remain committed to close collaboration moving forwards,” a DraftKings spokesperson said.