Through a stipulation agreement with the Colorado Division of Gaming, Carousel Group, the operator of MaximBet, has been fined $80,000 for an error that allowed bettors from outside the state to place online sports wagers during a 16-day window in December.
According to the stipulation agreement – which was filed with the Colorado Limited Gaming Control Commission (LGCC) and unanimously approved by the commission Thursday – from Dec. 1 to Dec. 16, sports bettors were able to place wagers through the MaximBet website without being geolocated, which allowed wagers outside of Colorado, in violation of state law.
MaximBet self-reported the issue to the Division of Gaming on Dec. 23, after a bettor made a call to the operator’s customer service department Dec. 18, “because he was unable to place a wager due to a failed location check.