5Dimes to Relaunch Online Sportsbook & Casino Products Following Receipt of Isle of Man Gaming License

The launch comes after 5Dimes agreed to forfeit over $46.8 million in proceeds to resolve criminal investigation in September of 2020.

The settlement with US Dept. of Justice freed the company to once again explore the possibility of global expansion.

And now with a license issued by the Isle of Man Gambling Supervision Commission, 5Dimes can establish an international operation in both the online casino and sports betting markets.

Speaking of the news, Laura Varela, Member of 5Dimes Sportsbook’s Board of Directors said:

The brand will now look to establish a management and operations team on the Isle of Man before relaunching globally.

Varela went on to add:

Ciaran McEneaney

Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.