Quote: LSE listed companies that accept sports bets from US customers such as BetOnSports or SportingBet have been violating US laws for years without consequences unless their execs got caught in US and only rarely in that case.
Sports books or other operations abroad are not subject to US laws if they are not physically present in the US. This makes no more sense than saying that Dutch coffee houses are breaking US law by selling pot to American citizens. What they are doing is legal where they are doing it.
Quote: without consequences unless their execs got caught in US and only rarely in that case.
Several have been "caught" in the US recently. None have been prosecuted, let alone convicted of anything.