Update: Sportingbet plc Pays Final $6 Million to US Government

Update: Sportingbet plc Pays Final $6 Million to US Government
Clean slate in the US achieved An announcement came this week from the Sportingbet plc international internet gambling group that it has made its third and final payment of $6 million to the Office of the United States Attorney for the Southern District of New York, which acts on behalf of the United States Department of Justice. This way, the total sum of $33 million, which Sportingbet was supposed to pay in accordance with the terms of the Non-Prosecution Agreement which the company entered into with the Department of Justice on 21 September 2010, has been provided, thus providing the company with a clean slate on all pre-UIGEA American activity.. "This final payment formally closes any risk which the company may have faced from its former activities in the US. Given that the US market continues to show signs of regulating both by product, and by state in the near future, various opportunities exist to re-enter the US market and we are reviewing these," it has been stated by Andrew McIver, Sportingbet group chief executive.
General Gambling News Sports Society News Back to articles