The late-August promo awards random tickets at cash tables in four states and can be stacked with a new-player welcome bonus.
Regulators cited responsible-gaming and self-exclusion lapses in a penalty that stands out in a state known for smaller sanctions.
Research from UCLA, the New York Fed and Kansas finds higher wagering, lower investment and more debt trouble, while the industry points to responsible-gaming tools.
Henry Williams called a CFTC proposal “meritless” as Michigan’s exit from the problem-gambling council fed a fight over who sets the rules.
The optional side bet spans more than 200 games, with four progressive tiers and a Mega pot already above $618,000.
The company’s latest CFTC submissions would take it further into traditional derivatives, after its bitcoin perpetual contract opened the door in late May.
The attorney general says the sites disguise real-money gambling as social gaming and used payment firms to process wagers.
The company says its sports event contracts are federally regulated derivatives, not state gambling, and warns of felony exposure.
The voluntary standards cover influencers, digital ads and certification, and members have three months to comply.
The Nevada field trial lets players fund play by tapping a phone or scanning a QR code, but it is capped at $2,000 a day and excludes credit cards.
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