Following a ban on Online Gaming, Sportingbet revealed its exit from the U.S. market would cost the company 210 million pounds sterling ($393 million dollars).

The internet gaming company left once lucrative US market last week. It sold its sportsbetting, casino and poker operations to Antigua-based Jazette Enterprises Ltd. on the day that President Bush signed a law that criminalizes funds transfers for Online gambling.

Sportingbet Chief Executive Andrew McIver referred to a decision by U.S. Senate Majority Leader Bill Frist to rush through the anti-gaming legislation tagged onto a Safe Port Act as “one man’s blind political ambition.”