Tag: PokerStars Kentucky
PokerStars Kentucky: The Final Chapter
The PokerStars Kentucky battle has been raging for years! With roots in the UIGEA from 2006, and the Black Friday seizures of 2011! But things really heated up in 2015 when the state sued the poker operator for hundreds of millions of dollars! But now, the battle is over, just short of making an appearance is the US Supreme Court! SO who won? Howdy friends! J Todd here with another edition of This Week in Gambling! And right after I film this video my ass is on an airplane for Las Vegas to attend the Global Gaming Expo! More on…
Long Running PokerStars Kentucky Battle Ends
In a dispute with root tied to Black Friday, 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…
PokerStars Lawsuit Nets Kentucky Over $1 Billion
In another primes example of good ol’ boy politics in the 21st Century, the PokerStars lawsuit filed by the Bluegrass buddies of Kentucky will apparently cost PokerStars over $1 billion. Originally, Kentucky filed the lawsuit as a result of the poker operator accepting bets from the state post-UIGEA. The ruling in the PokerStars lawsuit case originally awarded $870 million, but was overturned on appeal. Now, the Kentucky Supreme Court was happy to find a way to award the state the full amount plus interest which total $1.3 billion. The governor of the state said that no amount of money would…