William Creighton was born in Smithtown, New York, in 1975. At the age of 5 years, he and his parents moved to Bridgeport in West Virginia. Moving out of Ohio turned into a routine because of the lack of growth and inflation or stagflation. Many middle-class families saw their jobs evaporate under a severe economic crisis…
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Rise and dead of 5Dimes Tony: A Tragedy for the Online Gambling world
5Dimes turned William Sean Creighton into a smarter applied mathematician and sharper businessman. He had a vision for the company of becoming one of the top sportsbooks in cyberspace. Once the business was up and running, Sean got busy. He created algorithms in order to make be able to fully exploit the nascent AI technology…
Continue reading5Dimes after William Sean Creighton: The Legacy Continues
5Dimes is a very successful company, in a very competitive landscape: Digital Gambling services. Not only has it consistently grown in financial performance. Its services are appreciated and praised by its users. The key to a two-decades of successful life span is the plan deployed by its founder, Mr. William Sean Creighton. He created the algorithms that nurture this outstanding performance…
Continue readingViolence in Central America
Mounting crime rates are beginning to become an unsurmountable development barrier in Central America in the so-called Northern Triangle Countries- El Salvador, Guatemala and Honduras—crime rates are among the top five in Latin America. In Costa Rica, Nicaragua and Panama exhibit lower violence and crime rates but these have been consistently mounting for the last decade.
Continue readingThe resilient sports betting companies
Like every other economic significant activity, sportsbook throughout the world have borne the brunt of Covid-19. Some have seen their fortunes improved due to the affluence of regular gamblers deprived from attending casinos and bingo halls on account of health-related shutdowns. Others have seen their clientele shrink on account of the impact of unemployment and the reduction of economic activity…
Continue readingWilliam Sean Creighton’s life in Costa Rica
Sean arrived in Costa Rica in July 1999 witch his lifelong friend Jimmy. None spoke Spanish but had a rudimentary understanding of the language. They however were very clear that their final goal was to establish a successful gambling/ sportsbooks business. Sean came with the concept for 5Dimes after he had collected great prizes betting and winning in several sportsbooks and gambling outlets. The owner of one such place proposed a deal to Sean when he could not pay him the prizes he had won…
Continue readingAddressing the Sequels of UIGEA on electronic gambling
The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) was passed into law with a view to bringing internet gambling to a halt. According to its sponsors’ legislation needed to be enacted so as to curb unwanted effects from electronic gambling which include lack of collectability of debts stemming from Internet gambling, fraud, money laundering, and pathological and underage gaming.
Continue readingA New Era for Online Gambling and Sports Betting
Sports betting is the fastest-growing segment of gaming in the US and the world. Total sports betting reached in 2019 Us$ 69 billion with the state of Nevada taking a share of US $ 2.5 billion. The proportion of Americans betting on sports have risen from about 5% in the 1950s to 20% today…
Continue readingOn Regulation and Innovation
25 years have passed since the makeshift launch of the online gaming portals in the 1990s. Indeed, it was in 1996 when InterCasino the first online casino launched. The industry now is about to enter the world of virtual and augmented reality as well as that of esports big time. With a valuation of around 50 billion US dollars online gambling is not only entering a new development stage but building on the creations of its pioneering generation of innovative leaders.
Continue readingInnovation, Gambling & Maths
As technology reshapes most human endeavors, gambling operators scramble to absorb its business growing attributes and to reduce the negative impact upon the trade. For all player groups, online gaming presents a tremendous opportunity for the industry. A recent industry report projects that the online gambling and betting market will reach nearly $95 billion globally by 2024, growing at a CAGR of approximately 11 percent.
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