New Jersey fines sports betting firms for taking bets after games had already ended [Yahoo! Finance]
Caesars Entertainment, Inc. (CZR)
Last caesars entertainment, inc. earnings: 2/25 04:30 pm
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Source: Yahoo! Finance
And it has happened again in Atlantic City, where a sportsbook has been fined for taking $25,000 worth of bets on college basketball and hockey games and boxing matches after they were over. In action made public last week, the New Jersey Division of Gaming Enforcement fined William Hill Sportsbook $20,000 for bets it wrongly took in 2022 and 2023. The company voided most of the bets after discovering the errors. But others had already been paid out to customers. William Hill operates retail sportsbooks in Atlantic City at the Caesars, Harrah's and Tropicana casinos. The casinos' parent company, Caesars Entertainment, did not respond to messages seeking comment Friday and Monday. According to documents from the enforcement division, on Feb. 23 and 24, 2022, it took 42 bets via in-person kiosks on 12 college basketball games after the results were already known. William Hill paid just over $5,000 to customers on six bets before it became aware of the error. The remainder of th
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CZR
Earnings
- 10/29/24 - Miss
CZR
Sec Filings
- 11/25/24 - Form 8-K
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- CZR's page on the SEC website