The Nevada Gaming Commission rejected a stipulated agreement with sports book operator CG technology that would have settled disciplinary action with the company.
The board ruled that a $250,000 agreed upon and the four-count complaint against the company could lead to revoking the company’s license.
CG Technology operates the sportsbooks at seven Las Vegas Strip and Las Vegas-area casinos.
The company will now have to renegotiate a settlement with the Gaming Control Board that could lead to a seven-figure fine or face a disciplinary hearing in front of the Gaming Commission, which could cost the company its license to operate in Nevada, according to CDC Gaming Reports.
CG Technology paid multi-million-dollar fines for previous disciplinary actions including $5.5 million in 2014 and $1.5 million in 2016.
In this complaint, the company is accused of between 2016 and 2107 of accepting multiple wagers on the company’s mobile betting application placed by customers outside Nevada; accepting bets on games and events that had already concluded; miscalculating payouts on single game and round robin parlay wagers, and incorrectly setting up a satellite sports betting station at an undisclosed casino’s Super Bowl party.
