Cozen O’Connor Negotiates Historic Settlement for Offshore Sports-Betting Company

Thursday, October 1, 2020

Cozen O’Connor attorneys Barry Boss, Stephen Miller, and Kara Kapp negotiated a historic non-prosecution agreement involving 5Dimes, a major offshore sports-betting operator. The agreement represents a major shift in the U.S. Department of Justice’s approach to offshore sports betting. Through this agreement, U.S. Attorney’s Office for the Eastern District of Pennsylvania has provided a template by which 5Dimes and other offshore gambling companies could enter the regulated U.S. sports-betting market. The unprecedented settlement, and the innovative agreement negotiated by Boss, Miller, and Kapp has received widespread praise and national attention.

 

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