One of the violations was for accepting bets on a St. Peter's men's basketball game during the 2022 NCAA Tournament.
Saint Peter's players huddle before the second half of a college basketball game against Purdue in the Sweet 16 round of the NCAA tournament, Friday, March 25, 2022, in Philadelphia. The online sports betting company PointsBet committed three different types of violations of New Jersey sports betting laws, including taking bets on soccer games that had already ended, according to gambling regulators who fined the company $25,000. PointsBet accepted bets on March 25, 2022, on the St.
After discovering the error, the bets were voided and the money from the customer’s initial bets was returned, according to the gaming enforcement division. “PointsBet stated that the ‘overwhelming’ number of matches offered through PointsBet made it ‘unrealistic’ to check and verify each event and the market offered for wagering,” the division wrote in a document outlining the charges against the company.
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