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5Dimes, a popular Costa Rica-based sportsbook, has reached a $46.8 million settlement with the U.S. government following a federal money-laundering investigation, according to a settlement agreement obtained by ESPN on Wednesday.

Skip to main content. Mobile Site Help Center Register Here. HOME: SPORTSBOOK: CASINO: LIVE DEALER: BINGO: MINI GAMES: RACEBOOK. I try to requrst a payout for check and 5dimes.eu daid we dont do check right now. They dont want tto pay and make you wait and wait. Nate commented: 28 Oct 2017 I bet $100 to win $200. After I won, they said that they posted the wrong line so the bet was not valid.

5Dimes agreed to pay $15 million in cash, forfeit more than $30 million in assets and stop accepting wagers from U.S. customers while operating out of Costa Rica, according to the settlement agreement reached with the U.S. Attorney's Office for the Easten District of Pennsylvania.

The settlement also absolves Laura Varela, the widow of 5Dimes owner William Sean Creighton, of any criminal conduct alleged against the sportsbook. Varela assumed responsibility for 5Dimes' assets after her husband was kidnapped in September 2018 and found dead a year later, but she did not have 'day-to-day authority' over its operations, according to the settlement.

'The investigation was a complete success from our perspective,' Michael Lowe, assistant U.S. Attorney for the Eastern District of Pennsylvania, told ESPN. 'There was gambling going on, but we discovered it, we put a stop to it.'

The non-prosecution agreement allows 5Dimes and Varela to pursue opportunities in the expanding American sports betting market. Varela, who fully cooperated with the investigation, made 'significant changes' to 5Dimes's operations that make it 'suitable for participating in lawful gaming operations across the world,' according to the settlement agreement.

'We achieved the objective, which is, she is compliant with U.S. federal law right now,' Maria M. Carrillo, assistant U.S. Attorney for the Eastern District of Pennsylvania, told ESPN. 'What that means for her is she is not operating in violation of U.S. law, and she is not actively taking bets from U.S. bettors.

'Whether she's positioned well for regulators, that's up for the regulators to decide,' Carrillo said. '[5Dimes] certainly is no longer in violation of federal law.'

In an interview with ESPN, Varela said she is ' very, very happy and very excited about what the new chapter of 5Dimes can be.'

Creighton, a native of West Virginia, launched 5Dimes around 2000. At a time when sports betting in the U.S was restricted to primarily Nevada, 5Dimes grew it into one of the most popular online sportsbooks that served American bettors and eventually attracted attention from federal investigators.

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In 2016, the Eastern District of Pennsylvania, in conjunction with the Department of Homeland Security, revealed it was investigating 5Dimes for money laundering, according to a seizure warrant filed in U.S. District Court that year. In the warrant, an agent detailed how he believed 5Dimes instructed bettors based in the U.S. to use gift cards as a way to place and later cash out bets. Creighton was never formally charged; however, the investigation remained open for years.

5Dimes used third-party payment processors to accept illegal payments from U.S. customers, the U.S. Attorney's Office said in the settlement agreement. The third parties processed credit card transactions for 5Dimes that concealed the nature of the charges, and received funds from U.S. customers' credit cards that were then transferred to bank accounts of shell companies operated by Creighton, according to the settlement.

Varela, through her attorneys, contacted the Eastern District of Pennsylvania in the spring of 2019 and offered her cooperation to settle the case. According to the settlement, she helped retrieve assets, but the parties agreed that her cooperation 'did not include information about the identities of individual U.S.-based customes.' Gold coins, cryptocurrency, funds from the sale of season tickets to the Pittsburgh Pirates and West Virginia University basketball and football, and a 1948 George Mikan rookie basketball card that Creighton purchased for about $400,000 are among the forfeited assets.

The Department of Homeland Security gifted the Mikan card to the Smithsonian Institution in Washington, D.C, according to the settlement agreement.

On Sept. 7, 5Dimes posted a notice on its website that it would stop accepting online bets from U.S.-based customers and instructed them to withdraw funds by Sept. 25. Any funds not requested by bettors before the deadline will be turned over to Epiq, a third-party claims administrator who will help the distribution process. Any funds not claimed by Sept. 30, 2021, will be forfeited to the U.S government, according to terms in the settlement.

Varela's attorneys, Stephen A. Miller and Barry Boss of firm Cozen O'Connor, said 5Dimes has established a new corporate entity, 5D Americas LLC, in the State of Delaware, as the sportsbook eyes the U.S. betting market. Legal sportsbooks are operating in 18 states and the District of Columbia.

As part of the settlement, the U.S. Attorney's Office for the Eastern District of Pennsylvania said, at Varela's request, it will answer questions from interested parties, including state regulatory authorities, regarding 5Dimes and Varela.

Creighton was abducted by four men in a rented grey pickup truck around 10 p.m., on Sept. 24, 2018, after leaving the 5Dimes office in San Pedro, the Costa Rica judicial investigation department (OIJ) said last year. The kidnappers demanded a $5 million ransom and received $1 million from Creighton's family, but Creighton was not returned, OIJ said.

A year after Creighton's disappearance, the OIJ reported finding his body in a cemetery in the small fishing town of Queops, Costa Rica, approximately a three-hour drive from where investigators believe he was abducted.

In January 2019, authorities conducted raids in Costa Rica and Spain, leading to the arrest of 12 people believed to be involved in Creighton's disappearance, according to an OIJ statement at the time. Three suspects were extradited from Spain to Costa Rica in April 2019 and, as of September 2019, were being investigated for the crime of extortive kidnapping, according to the Costa Rica Office of Public Ministry.

The Assistant Prosecutor's Office against Drug Trafficking and Related Crimes for Costa Rica told ESPN in an Sept. 17 email that the case against Creighton's alleged kidnappers is in the 'final investigation phase.'

According to the settlement, Creighton was the founder and had exclusive control of 5Dimes until his disappearance and death. Varela told ESPN she had never been involved with the operation of 5Dimes and that the management team in place continued to run the sportsbook following Creighton's disappearance.

'Months kept going by, and he was not coming back, and the reality also starts hitting, that's really when I realized the best thing for me and my family to do was to look for legal counsel,' Varela told ESPN in an interview conducted on Zoom.

Creighton grew up in Bridgeport, West Virginia. After graduating from West Virginia University in 1998 with a degree in business administration, he moved to Costa Rica with a small group of friends to launch 5Dimes. He was 43 at the time of his disappearance.

Varela says the loss of her husband, the father of her two young children, is a tragedy she doesn't believe she'll ever get over. 'You just learn how to live with it,' she said.

5dimes Lottery Room

Today marks a sad day for US bettors across America as 5Dimes has announced they are closing their doors to U.S customers officially starting September 21st, 2020. However, not all is bad, as this is just temporary while they attempt to make a transition to legal U.S betting once new laws and regulations are passed, which is looking increasingly likely.

5Dimes has been operating since the early 2000’s and has been the home to many American bettors for equally as long. Sports Betting in US has been illegal and unregulated forever until recently last year the federal government has eased up on sports betting and is now allowing states to regulate, and offer it if they chose to.

Some of the early movers taking advantage of this, are New Jersey and Colorado. The lawmakers in Colorado seem to be privy to new markets as just like the marijuana industry, they know this can bring in a tremendous amount of tax revenue when sports betting is offered legally.

While there are only 2 states that are legal currently for Americans to place bets (outside of Vegas), it seems 5Dimes is trying to get a head start on their U.S operations, and to do that, they must stop offering Americans in all 50 states illegal access to betting, even though they have been doing so for over 15 years now. It is unknown how U.S regulators will see 5Dimes efforts to become legal, after operating illegally for so long, but time will tell.

U.S bettors currently playing on 5Dimes will two options on how to move forward. They can select to get a refund on their current account balance and pending wagers, or elect to have their bets transferred to another entity called ‘Betanysports.eu‘.

Players have until September 25th to decide how they would like to proceed either taking a refund or transferring their bets. If no option is selected and you miss the deadline, 5Dimes will be transferring balances and funds to a 3rd party claims administer who will then attempt to get your money back to you. Anyone that doesn’t claim the funds or make an effort to claim them will be forfeited by September 30th, 2021.

This marks an end of an era for 5Dimes, being a staple in the industry and providing players with access to some of the best odds, least amount of juice and most betting options of most books out there. They had very small, niche markets which you couldn’t find elsewhere. With that said, we are excited to see the new U.S legal betting they offer, if they are allowed to.

5Dimes USA Player FAQ

• Q. If I am an existing customer with a balance, can I continue playing even though you no longer accept U.S. customers?
  • A. We are only suspending service to customers located in the United States. If you are located in the United States and have not withdrawn your balance before September 25th, your funds will be transferred to a claims administrator who will attempt to return your balance to you. If you are located outside the United States, we will continue to offer our services.
• Q. If I continue to play and win, is there a time limit to withdraw my funds?
  • A. Yes, you must withdraw your funds before September 25th or your balance will be transferred to a claims administrator.
• Q. What will happen to my funds if I do not withdraw them in the specified period?
  • A. The remaining balance will be transferred to the claims administrator who will exercise its best efforts to return your money to you.
• Q. Will you allow higher limits on withdrawals for customers with large account balances?
  • A. Payouts with higher limits and frequency are allowed, only subject to each payment method’s limits and restrictions.
• Q. If I am a U.S. citizen living outside of the U.S., can I continue playing with 5Dimes?
  • A. Yes, as long as you are in a jurisdiction where online betting is legal and offered by 5Dimes.
• Q. Is 5Dimes closing permanently for U.S. players? If not, are there plans to come back to the U.S. market and when approximately?
  • A. No, we will be back, better than ever and hopefully very soon!
• Q. Why are you leaving the market?
  • A. We are relaunching the company into a better one for our customers, and to do it properly, we need to suspend service to U.S. customers, but it is only temporary.
• Q. I have an open bet that will not be settled until after September 25th, is it possible to get a refund on that wager?
  • A. Yes, refunds will be available.

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