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Reply To: Sporting Bet Settles in US – $33 million

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#812336
Anonymous
Inactive

With UIGEA not very popular or enforceable, the DOJ probably aimed to get as much money as possible from this. This is probably a drop in the bucket for Sportingbook, and it basically exhonerates them. And like the poster above said, the gain in shares easily outpaced the cost of the fine, so it was a wise move for them.