October 1, 2020
When a sports book in Costa Rica paid off over $46 million to the US Department of Justice, something seemed wrong. After all, what possible motivation would there be when they operate outside of American jurisdiction? Then, the “ah ha” moment! Their eyes were on the prize: A 5Dimes US market entry!
The operator agreed to pay $46.8 million in a settlement with the DoJ following an investigation that the operator illegally targeting American customers. Shortly afterward, they announced plans to enter the regulated US sports betting market. In addition, it explained the decision to block US customers, effective 25 September, was part of the settlement.
The agreement ends an investigation from the United States Attorney’s Office for the Eastern District of Pennsylvania, in conjunction with the Department of Homeland Security Investigations, that started in 2016. It follows the operator’s decision to block all US customers earlier this month. You can read more about 5Dimes US market goals at iGB North America.
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