Sportingbet pays last installment to the Feds

Mousey

Ueber Meister Mouse
Joined
Sep 12, 2004
Location
Up$hitCreek
You do not have permission to view link Log in or register now.
...
As part of its settlement reached in September 2010 relating to previous illegal gambling between 1998 and 2006, Sportingbet has paid its third and final payment of $6m (£4m) to the US Justice of Department, which in exchange will not prosecute the British firm. Sportingbet has now coughed up a total of $33m under the terms of the settlement.

Andrew McIver, chief executive, said yesterday: "This final payment formally closes any risk which the company may have faced from its former activities in the US. ....
 
I think a lot of companies have had to cough up over the years. I wonder how much the DOJ have managed to squeeze out of online gaming firms over the past 5 years, its must be billions now. No doubt Calvin Ayre will be getting his cheque book out next.
 

Users who are viewing this thread

Meister Ratings

Back
Top