New Jersey Fines bwin.party For Not Reporting Divestitures

New Jersey gaming regulators fined four Atlantic City casinos and online gambling company PartyPoker for rule violations. The fines totaled $33,000.

The New Jersey Division of Gaming enforcement has leveled ,000 in fines and forfeited wings against four Atlantic City casinos and the online gambling site PartyPoker, owned by bwin.party.

The fines are for various rule violations and include according to the Associated Press:

The Trump Taj Mahal must forfeit more than $16,000 it seized from three gamblers who had signed up for a self-exclusion list that prohibits them from gambling.

The Borgata must forfeit more than $3,700 it confiscated from gamblers who could not prove they were 21 years old. The forfeitures involve money withheld from 55 gamblers who either could not provide identification, or produced inadequate identification, to prove that they were over the legal gambling age. The seizures took place between Oct. 2012 and Nov. 2013.

Bwin.party, an online affiliate of the Borgata, was fined $10,000 for violating the terms of a divestiture agreement by one of its stockholders. The fines revolve around the divestiture of stock formerly owned by Ruth Parasol DeLeon and James Russell DeLeon, two major stockholders in bwin.party.

Under a condition of its New Jersey license, the two were to divest their interest in the company, but the division ruled that the couple’s stocks were sold without the DGE being properly notified under the terms of the divestiture.

Resorts was fined $3,000 for cashier rule violations.

The casinos did not contest the fines or forfeiture orders, the AP reported. The forfeited money goes to a state fund for programs for senior citizens and the disabled.

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