AGCO issues penalty against FanDuel Canada

The Alcohol and Gaming Commission of Ontario says the operator failed to identify and report suspicious betting and match-fixing activity.

US.- The Alcohol and Gaming Commission of Ontario (AGCO) has ordered FanDuel Canada to pay a CA$350,000 penalty for failing to identify and report unusual and suspicious betting and match-fixing activity.

According to an investigation, between October 23 and November 30, 2024, FanDuel accepted 144 bets from three Ontario player accounts on Czech Table Tennis Star Series matches that displayed multiple indicators associated with match-fixing. It said theactivity occurred after warnings about integrity concerns with this tournament series.

The regulator said: “The AGCO’s review identified numerous red flags that should have prompted action, including abrupt shifts in wagering behaviour and betting lines on matches involving two specific athletes, a concentration of bets on athletes losing their matches, an implausible and near-perfect win-rate, and clear links and synchronized wagering across the accounts involved in the unusual or suspicious activity.”

AGCO said operators must report suspicious betting to the Independent Integrity Monitors (IIMs), which distributes the data to regulated igaming operators, leagues and sports governing bodies, so they can investigate potential integrity breaches. FanDuel has the right to appeal the action.

FanDuel has 15 days within which it an appeal against the penalty to Ontario’s Licence Appeal Tribunal (LAT).

In October, the AGCO issued a $105,000 penalty against Score Media and Gaming (theScore) for alleged failure to meet responsible gambling and player protection standards.

https://focusgn.com/agco-issues-penalty-against-fanduel-canada