Monarch Casino & Resort has hired GeoComply as its geolocation service provider after being fined $400,000 by the Colorado Limited Gaming Commission (CLGC) for proxy betting by three employees.
The Nevada-based company, which self-reported the issue, said it discovered that three staff members at Black Hawk Casino were placing sports bets for out-of-state customers. Proxy betting is prohibited in Colorado, but is not strictly illegal in many locales.
The commission's investigation found last June that the staff members made a total of 79 proxy wagers, amounting to nearly $61,000, for 11 different customers between January 2021 and June 2022. Most of those bets were placed through the BetMonarch mobile app, with the remaining 19 placed at the casino's sportsbook. Sixty of the bets were placed by then-sportsbook manager Nicholas Epstein, who accessed the customers' accounts via the app.
Monarch said Epstein and fellow sportsbook employees Brian Lopez and Ted Kilgore were suspended and later fired after the company found the evidence of proxy betting.