Wednesday, February 4, 2026

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


FanDuel has been hit with a CAD 350,000 ($252,000) penalty from the Alcohol and Gaming Fee of Ontario (AGCO). The nice comes because the Canadian arm of the sports activities playing big didn’t sort out match fixing and “suspicious betting.”

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

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 good win-rate”, in addition to reported “clear hyperlinks” to suspicious exercise on the accounts inserting the bets. This consists of synchronised betting.

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

AGCO nice prompts Ontario police to analyze match fixing

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

Following AGCO’s nice, 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 felony offences had been dedicated in relation to the 144 bets produced from the three Ontario bettor accounts.

“That is an energetic and ongoing investigation. The OPP is not going to speculate on the end result whereas an investigation is underway.”

ReadWrite has reached out to FanDuel for remark.

Featured picture: AGCO / FanDuel

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



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