Borgata Fined $75,000 by DGE for Overstating iGaming Promo Credits on BetMGM Platform

The New Jersey Division of Gaming Enforcement (DGE) has fined Borgata Casino $75,000 following an audit that revealed significant overstatements of iGaming promotional gaming credits (PGCs) on the BetMGM platform. This recent violation, identified between October 2023 and May 2024, resulted in the casino understating its gross revenue by over $4.5 million, leading to an underpayment of $365,161 in gross revenue […]