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Story summary
- The Alcohol and Gaming Commission of Ontario (AGCO) fined FanDuel $350,000 for not reporting suspicious betting on Czech table tennis matches from October to November 2024.
- The AGCO identified red flags, including abrupt betting shifts and concentrations on losing athletes.
- FanDuel said it was proactive in reporting suspicious activity.
- FanDuel has 15 days to appeal.
- The decision is the largest fine since Canada legalized sports betting in 2021.
