5Dimes Seeks to Enter Legal New Jersey Sports Betting Market

Written by:
Jagajeet Chiba
Published on:
Oct/28/2020

The widow of deceased 5Dimes founder Sean "Tony" Creighton is seeking to obtain a sports betting license in the state of New Jersey after entering into a $47 million settlement agreement with the US feds and shutting the book down to the US market.


*6 weeks free trial - test drive - best in the biz
*Deposit with Bitcoin - They'll double it!
*Get your own domain, customized website, logo
*Switch in under an hour, earn mrore $$ for doing so
*Odds featured on DonBest.com
*Thousands of betting options daily + live in-play
*Easy and discreet payment options include gift cards
*Walmart gift cards also accepted
Start Earning Money From Your Sheet Here

Creighton was kidnapped and killed two years ago in Costa Rica where 5Dimes is based.  At the time, feds were probing his business for money laundering activity tied to the unauthorized payment processing of Amazon gift cards.

Creighton was close to a guilty plea on tax, money laundering, illegal gambling and payment fraud charges when he was kidnapped, Mike Lowe of the department’s economic crimes unit confirmed.

His widow, Laura Varela, had been running the business since Creighton's disappearance.  The settlement also vindicated Varela from any wrongdoing. 

“The Department of Justice understood. I felt their sympathy throughout this long process,” said Varela. “I am very, very happy and very excited the agreement reflects the fact that I was never involved in any of the wrongdoing.”

5Dimes alone handled billions in bets each year, and could significantly enlarge New Jersey’s industry if it brings a chunk of that business to the state, according to industry experts, writes Joseph N. DiStefano of the Philadelphia Inquirer.

But 5Dimes also cancelled many outstanding future bets in their haste to shut down to the US market.  This along with the money laundering activities could put a damper on the company's plans.  State law governing sports betting requires a company have “good character, honesty and integrity.”

“We have no comment,” said Leland Moore, spokesman for New Jersey Attorney General Gurbir Grewal, whose office oversees the Division of Gaming Enforcement that handles applications from online gambling companies.

- Jagajeet Chiba, Gambling911.com

Gambling News

Say No to Sportsbook Blacklist

Since Gambling911.com revealed that seven sportsbooks had gotten together to share player information, everybody in the industry is talking.

How to Withdraw Funds From Online Casinos?

Navigating the world of online gambling, especially when it comes to withdrawing your winnings, can seem daunting at first. However, with the right knowledge and understanding, the process can be smooth and secure.

Syndicate