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Wednesday, October 20, 2021
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This Week in Gambling: News from PokerStars and Kentucky
 

PokerStars has finally settled its long battle with the state of Kentucky, with roots all the way back to the 2006 law that criminalized online gambling. And in other gambling news, we're heading to Las Vegas this week.

This week's gambling news follows a dispute with roots tied to Black Friday. But now, the long and bitter PokerStars Kentucky fight has finally come to an end. This battle has been slowly simmering for a decade, beginning after the passage of the UIGEA, and escalating with the events of April, 2011, when the US Department of Justice seized the domains of the major online poker rooms.

The state of Kentucky alleged that PokerStars offered “illegal gambling to state residents between 2007 and 2011. As a result, the state imposed a fine on the company of $290 million to Amaya Gaming, who were then the owners of the sight. Then the fight was on. In the process of fighting the fine, Kentucky thought it would be cute to increase the damages to $870 million, which Amaya and PokerStars appealed to the state’s highest court.

In the meantime, PokerStars was purchased by Flutter and the fight found it’s way to the Kentucky Supreme Court. In a 4-3 decision, the court upheld the fine and added ‘damages’, bringing the total fine owed by PokerStars to a staggering $1.3 billion (with interest). However, PokerStars and Flutter continued to battle until the matter was set to go before the U.S. Supreme Court. And now, gambling news finds that this dispute has finally come full circle.



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