(Andy McIver) revealed Sportingbet was, like rivals PartyGaming and 888.com, in talks with U.S. authorities to cut a deal to end the threat of retrospective prosecution for taking wagers from U.S. punters before online gambling was effectively outlawed a year ago.
"We are in talks. It's a very slow process, you work to their agenda," said McIver.
"They have never named a figure (fine) but talked about a formula... All the conversations we have had have all been amicable and have all been constructive."