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    Home»News»FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting
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    FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting

    Editor Times FeaturedBy Editor Times FeaturedJanuary 9, 2026No Comments2 Mins Read
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    FanDuel has been hit with a CAD 350,000 ($252,000) penalty from the Alcohol and Gaming Fee of Ontario (AGCO). The tremendous comes because the Canadian arm of the sports activities playing large did not deal with match fixing and “suspicious betting.”

    The AGCO discovered that between October 23 and November 30, 2024, 144 bets were placed via FanDuel that stemmed from three Ontario participant accounts. The watchdog claims that these 144 bets matched up with indicators of match fixing.

    AGCO imposes $350,000 penalty to FanDuel for failing to appropriately shield betting integrity: https://t.co/YEuVrrwd4O pic.twitter.com/jIYJykEugZ

    — Alcohol and Gaming Fee of Ontario (@Ont_AGCO) January 8, 2026

    Regardless of being obligated to alert AGCO to this, FanDuel allowed the bets to undergo. Indicators included a selected deal with two athletes, with bets being positioned on them shedding, “an implausible and close to excellent win-rate”, in addition to reported “clear hyperlinks” to suspicious exercise on the accounts inserting the bets. This contains synchronised betting.

    FanDuel might have reportedly prevented the tremendous if it had reported it to the Impartial Integrity Screens (IIM). Now, FanDuel is described as “livid” by the New York Post, who spoke with an organization spokesperson on the matter: “FanDuel has developed an industry-leading sports activities integrity monitoring program that pairs superior expertise and real-time monitoring with an skilled and devoted danger and buying and selling crew to determine and examine suspicious exercise along with leagues, impartial integrity monitoring teams, regulatory our bodies, and regulation enforcement.”

    AGCO tremendous prompts Ontario police to research match fixing

    Initially, the story broke by way of ESPN, which additionally spoke with a FanDuel spokesperson. They described themselves as “disenchanted” in AGCO’s choice, which has a 15-day time restrict to be appealed.

    Following AGCO’s tremendous, the Ontario Provincial Police have launched their very own investigation into the matter. Talking with ESPN, Chief Superintendent Craig Abrams mentioned: “The OPP will completely examine this matter to find out whether or not any prison offences had been dedicated in relation to the 144 bets comprised of the three Ontario bettor accounts.

    “That is an energetic and ongoing investigation. The OPP won’t speculate on the end result whereas an investigation is underway.”

    ReadWrite has reached out to FanDuel for remark.

    Featured picture: AGCO / FanDuel

    The put up FanDuel fined $350,000 by Ontario regulator over failure to report suspicious betting appeared first on ReadWrite.





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