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Pay your way clean. That’s one way to do it, anyway.

Further to my post relating to Sportingbet attacking Betfair the other day, I see news about the company appeared today.

I’d say it rather reinforces the thoughts I expressed last week about how curious it is that they should be throwing stones at anyone. I’m not sure I’ve seen a bigger glass house than theirs.

Here’s the start of Gambling Compliance’s report.

Sportingbet has said it hopes to eventually return to the US market when online gambling becomes legal after agreeing to pay $33m to avoid prosecution over offering illegal gambling services.

The London-listed Internet gambling company agreed to forfeit the money – which represents its proceeds from US gaming – as part of a non-prosecution agreement with American prosecutors.

As part of the deal, which has taken three years to agree with the United States Attorney’s Office for the Southern District of New York, Sportingbet said it would also maintain a permanent restriction on providing Internet gambling services to US customers as required by current US law.

Posted in Betfair, Betting industry, Regulation, United States.

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