In 2019, MGM Resorts surveillance employee Joseph Tatonetti was arrested for providing confidential player information to sports bettor Bill Krackonberger, and Tatonetti lost his job.
Meanwhile, Krackonberger appeared on FOX Sports Radio’s “Countdown to Kickoff” podcast presented by BetMGM. BetMGM is the interactive gaming division of the casino conglomerate, which is licensed in 23 states, including Nevada.
MGM Resorts International general counsel John McManus said of Tatonetti in a 2019 text to professional gambler RJ Cipriani after the two founded Gambler: “He is a bad guy.” He shouldn’t work in the gaming industry.” Undercover operation Catch Tatonetti sharing Cipriani’s player data with Krackonberger. “I have no sympathy for the warden at all. … And your friend (Krackonberger) has no sympathy either.”
Mr. McManus did not respond to inquiries about BetMGM’s business relationship with Krackonberger.
A spokesperson for MGM Resorts International said McManus reported the player data breach to the Nevada Gaming Control Board, which apparently took no action. Tatonetti said he was never contacted by police and had no trouble finding employment.
At the time, the GCB was chaired by attorney Sandra Douglas Morgan, who previously represented MGM and is currently president of the Las Vegas Raiders. Allegiant Stadium, home of the Raiders, will host the Super Bowl next week.
Krackonberger promotes BetMGM’s betting line on his podcast, interviewing the company’s sports betting executives about the day’s games. Last Sunday, Krackonberger indicated that the sportsbook was looking for intense action (up to $200,000 per bet) on the Kansas City Chiefs.
Mr. Krackonberger did not respond to numerous requests for comment.
Cipriani said that before Tatonetti and Krackonberger were exposed, Krackenberger “repeatedly offered to look into player accounts on my behalf.” I said, “For what?” He said, “Whatever you want to know.” There’s a man inside. He will find out anything you want to know. “He said he had people open offshore betting accounts so he could move the line,” referring to the practice of betting so much on one side that it affects the bookmaker’s odds.
The Nevada Gaming Control Board prompted Attorney General Merrick Garland cracks down on access to offshore gambling.
“Offshore operators supplying products to these highly regulated state jurisdictions are not only violating state law, but also federal law,” one person said. letter In addition to Nevada, Garland was signed on by top regulators in New Jersey, Michigan, Illinois, Colorado, Mississippi and Louisiana.
Regulators point out that illegal gambling operations do not invest in responsible gambling programs or pay taxes. We do not protect minors through age verification, take measures to prevent money laundering, or ensure fair payments.
Last week, the Justice Department announced that MGM had agreed to pay a $7.45 million fine as part of a non-prosecution agreement. violation Federal anti-money laundering regulations involving illegal sports bookmaker Wayne Nix.
BetMGM is jointly owned by MGM Resorts International and Entain. Regulatory challenges.