Tag: 5Dimes US Market
5Dimes US Market Entry After DOJ Payoff
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…