Particle.news
Download on the App Store

Ontario Regulator Fines FanDuel $350,000 Over Suspicious Table Tennis Bets

The AGCO referred the matter to provincial police, citing red flags in 2024 Czech Star Series wagers.

Overview

  • Regulators say FanDuel accepted 144 bets from three Ontario accounts between Oct. 23 and Nov. 30, 2024, on Czech Table Tennis Star Series matches flagged for potential match-fixing.
  • The AGCO cited abrupt odds movement, heavy wagering on two athletes to lose, and bettors’ near-perfect win rates as indicators that went unaddressed.
  • The penalty is believed to be the largest issued by the AGCO since Canada’s legal sports-betting market launched in 2021.
  • FanDuel disputes the finding, saying it proactively identified the activity, reported it to the IBIA on Dec. 1 and later to the AGCO, and warned that punitive actions could deter operator reporting.
  • FanDuel has 15 days to appeal the ruling, and authorities have not identified the bettors or players as the investigation continues.