FanDuel fined $350k after suspicious betting activity in table tennis games: AGCO
Ontario’s alcohol and gaming regulator says FanDuel Canada is facing a $350,000 fine after it accepted bets on table tennis games that showed warning signs of suspicious betting and match-fixing then failed to report the unusual activity.
The Alcohol and Gaming Commission of Ontario says between Oct. 23 and Nov. 30, 2024, the betting platform accepted 144 bets from three Ontario player accounts for Czech Table Tennis Star Series matches that showed “multiple indicators” associated with match-fixing.
The AGCO says some of the signs included abrupt shifts in wagering behaviour, a concentration of bets on athletes losing their matches, an implausible and near-perfect win-rate, and other unusual or suspicious activity.
The regulator says it issued the $350,000 penalty after FanDuel failed to identify and report the behaviour, resulting in it continuing uninterrupted for several weeks.
