ESRB to Institute Possible $1m Game-Ratings Fine

The ratings board has “enhanced” its enforcement system, and will soon be able to fine companies up to $1 million for failing to disclose objectionable content during the game-ratings process. In addition, repeat offenders could have their ratings services revoked entirely.
 
Sources: GameSpot  |  Next Generation  |  GameDaily.biz  |  GameIndustry.biz  |  1Up.com  |  Kotaku  |  Joystiq