Shop shut down in 2006
Almost $50 million banked in Swiss banks by an illegal online sports betting firm will be split by the United States and Switzerland, according to the Associated Press.
The assets of BetOnSports, which was shut down in 2006, have finally been released, says the Swiss Justice Ministry. The U.S. Treasury rewarded the Swiss government by splitting the take, which amounts to more than 50 million Swiss francs ($49 million).
BetOnSports was based in Costa Rica-based. The AP reported that it caused customers to lose millions in illegal bets.