5Dimes Casino is a US-friendly online casino which offers over 200 casino games and 1000 total betting options every day. 5 Dimes also offers a sportsbook, bingo site, racebook, lottery gaming, poker room, mini games, and live dealer games. Each gaming option uses the same player account, providing one-stop shopping for the Internet gambler.
The 5Dimes brand became a popular site for US players after Black Friday. The major sports betting and internet gaming operators departed the US market after that April 2011 bombshell of indictments and seizures, so 5Dimes stepped in. Whether characterized as brazen or opportunistic – or both – 5Dimes moved into a market that craved an option.
Offshore gambling operator 5Dimes announced late on Monday that it would soon be ceasing US operations. In a post on its website, it informed players that it would no longer take bets from US customers starting on September 21 at noon, ET. Although 5Dimes’s primary product is its sportsbook, it offers a full suite of gambling products.
5Dimes Announces Sudden Suspension of US Offshore Operations. September 9, 2020 by Bethany H. Popular American-facing sportsbook 5Dimes has announced a temporary suspension of its services, with plans to start a new business venture in the near future within the evolving legal landscape of the USA. 5Dimes has made a sudden and surprising announcement that it will be suspending its services for US players.
There are two feasible, and plenty of other less likely, explanations for 5Dimes decision to pull out of the US market. Those reasons are: The company is prepping for a US relaunch as a licensed, regulated sportsbook. 5Dimes has run into issues (payment processing or otherwise) in its dealing with US customers.
5dimes Reputation If Old is Gold then 5dimes sportsbook is the best Gold in the market having been in operation since the close of the 20th century. The sportsbook boast of a big wealth of experience through the many years which have contributed to making it undoubtedly the biggest online book not only in the USA but also in the world.
Early this month, offshore sportsbook 5Dimes announced that it was closing to U.S. customers and would update on next steps by Sept. 30. The announcement caused plenty of speculation, lots of frustration and confusion among customers, and left open the question of “what now?”.
5Dimes and the U.S. Department of Justice reached a $46.8 million settlement of an investigation into illegal US sports betting operations, as well as money laundering and wire fraud. The company announced an intent to enter the US sports betting market following the deal, although state regulators likely will balk at the long list of criminal activity detailed in the settlement.
After weeks of speculation, 5Dimes closure to American customers is part of an agreement reached with the U.S. Attorney's Office for the Eastern District of Pennsylvania to avoid continued ...