{"id":816,"date":"2020-09-11T10:38:52","date_gmt":"2020-09-11T10:38:52","guid":{"rendered":"https:\/\/www.casinosites.us\/news\/?p=816"},"modified":"2020-09-11T10:38:54","modified_gmt":"2020-09-11T10:38:54","slug":"5dimes-suspends-services-for-the-united-states","status":"publish","type":"post","link":"https:\/\/www.casinosites.us\/news\/5dimes-suspends-services-for-the-united-states\/","title":{"rendered":"5Dimes Suspends Services for the United States"},"content":{"rendered":"\n<p>One of the biggest gambling firms operating on the United States from beyond the mainland, <strong>5Dimes<\/strong>, has announced its intention to withdraw from the market while it\u2019s negotiating a re-entry into the regulated markets on a state-by-state basis.<\/p>\n\n\n\n<p>While 5Dimes hasn\u2019t confirmed its intentions to apply for licenses in individual states, this is what most observers agree must be the most likely motivation of the company.<\/p>\n\n\n\n<p>With a gigantic base of players, 5Dimes wants to capitalize on the legal gambling market in the United States, poised to be the 2<sup>nd<\/sup> in the world behind only China. Enacting these measures, 5Dimes will no longer accept bets from the United States effective <strong>September 21<\/strong>.<\/p>\n\n\n\n<p>Players must withdraw their funds by <strong>September 25<\/strong> and any funds that haven\u2019t been claimed by <strong>September 30<\/strong> would be deemed abandoned. While 5Dimes is yet to give an official confirmation that it is making this shift to enter the regulated market, there have been some signs to suggest that.<\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Your questions answered: <a href=\"https:\/\/t.co\/dg3jCinZBs\">https:\/\/t.co\/dg3jCinZBs<\/a> <a href=\"https:\/\/t.co\/swrFDfinMN\">pic.twitter.com\/swrFDfinMN<\/a><\/p>&mdash; 5Dimes \ud83d\udc10 Sportsbook (@5DimesSB) <a href=\"https:\/\/twitter.com\/5DimesSB\/status\/1303326481934843904?ref_src=twsrc%5Etfw\">September 8, 2020<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>For starters, most sports betting and casino gaming states do not want to work with offshore operators. For a brand to enter New Jersey, after previously operating an offshore product, for example, <strong>the company would need to wait around five years<\/strong> before it can apply for a license. <\/p>\n\n\n\n<p><strong>In a statement to customers, 5Dimes had this to say:<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u201c5Dimes is excited to announce that it is embarking on a new business venture. With the evolving legal landscape in the United States, we want to take advantage of the opportunity to offer an improved online sports betting experience to our many US customers. In order to do this, we need to suspend temporarily our service of the US market so that we can launch our new operations with a fresh start.\u201d<\/em> <\/p><\/blockquote>\n\n\n\n<p>While restructuring in the US market may be afoot, 5Dimes will naturally continue to service other regions outside of North America, which are essential to the platform\u2019s revenues.<\/p>\n","protected":false},"excerpt":{"rendered":"One of the biggest gambling firms operating on the United States from beyond the mainland, 5Dimes, has announced its intention to withdraw from the market while it\u2019s negotiating a re-entry into the regulated markets on a state-by-state basis. While 5Dimes hasn\u2019t confirmed its intentions to apply for licenses in individual states, this is what most [&hellip;]","protected":false},"author":3,"featured_media":822,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[98,99],"class_list":["post-816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headline","tag-5dimes","tag-us-market"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5Dimes Suspends Services for the United States | Casino Sites News<\/title>\n<meta name=\"description\" content=\"One of the biggest US gambling firms has moved to suspend services to US customers. 5Dimes customers have til the 30th to empty accounts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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