Prior to the passage of the Unlawful Internet Gambling Enforcement Act of 2006, Sportsbook.com was owned by Sportingbet, whose sports betting network, also including AllStar.com and Hollywood Sportsbook, was collectively named the "Best U.S. Sportsbook" in 2005 and 2006 by industry magazine eGaming Review. After passage of the Safe Port Act, Sportingbet sold all its U.S.-facing sportsbooks to a privately owned company, Jazette Enterprises Limited, for the sum of $1.
On October 16, 2001, the New Jersey Attorney General initiated civil actions against several online gambling web sites, including Sportsbook.com. The Director of Gaming Enforcement was quoted as saying "The citizens of New Jersey need to be aware that these sports betting operations are not regulated and they are illegal. Regardless of their occasional claims of 'licensing' and 'legality,' they answer to no one and are therefore not held to the same scrutiny as our Atlantic City casinos." The case never went to court.