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BETonSPORTS In Talks to End Criminal Charges
Online gaming company
BETonSPORTS PLC said it is
negotiating with the US
Department of Justice to
eliminate the criminal charges
against the company.
The company said it will plan
for its Antiguan unit to pay
customers on money recovered as
it is closing its Costa Rica and
Antiguan operations.
The company said other Asian
facing brands continue to trade
normally and it continues to
assess the options for the
business.
The company reached a settlement
Thursday with a federal
prosecutor that permanently bars
the London-based company from
accepting any bets from the US
ending a massive civil case US
Attorney Catherine Hanaway filed
this summer.
In Costa Rica, BoS has reached
an agreement with the Ministerio
de Trabajo (Labour Ministry) to
pay its former employees 30% of
their salaries and severance pay
by today, November 10, with the
balance due on December 15.
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