Iowa fines sportsbook $60,000 for allowing use of credit cards

Iowa fines sportsbook $60,000 for allowing use of credit cards

Article brief provided by Radio Iowa
  • Dar Danielson, Radio Iowa
August 28, 2022 11:07 PM
  • Dar Danielson, Radio Iowa

State regulators issued a $60,000 penalty Thursday to a sportsbook for illegally allowing the use of credit cards on its site.

Story continues below

Racing and Gaming administrator Brian Ohorilko says the penalty involves American Wagering, which does businesses as Caesars Sportsbook. “There was a specific incident in July of 2021, where it was discovered that there were a number of transactions that took place using a credit card. And so it was discovered at that time, a full audit was completed,” Ohorilko says. “Throughout certain periods in 2020, 2021, prepaid debit cards were purchased using a credit card and a number of those transactions were permitted and in went through,” he says.