BetMGM Among Sports Betting Operators Fined in Iowa for Allowing Credit Card Use

Both BetMGM and Elite Hospitality were fined $60,000 each while SCE Partners was fined $20,000. This brings the total number of sports betting operators fined during this investigation to five.

“In these particular cases, they involve some prepaid cards, a complicated type of transaction where customers either unknowingly or willingly circumvented the credit card rules. And so we do think though, I should mention, that this is an isolated incident.”

Ohorilko also added that this type of license breach is rare and something that the casino industry has very few instances of adding:

Representatives from the three fined sports gambling operators appeared at the commission meeting. They informed the commission that they are taking steps to ensure this doesn’t happen again.

“Two years ago the law was changed in Iowa that called out the use of credit cards for wagering on any type of sports wagering and gambling games, and so it is something that is very important to the policymakers in this state and it’s something that we really don’t want to see.”

Jenny Tang

An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.