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Kentucky's request for triple Lawsuit vs Pokerstars Approved
Thursday December 24,2015 : JUDGE WINGATE STICKS IT TO POKERSTARS - AGAIN (Update)
Franklin Circuit Court Judge allows Kentucky to treble his earlier $290 million damages award.
Franklin Circuit Court Judge Thomas Wingate hit the headlines again Wednesday, granting the Commonwealth of Kentucky's request for triple damages on the $290 million award he made against Pokerstars and parent Amaya Gaming in November .
That could see the two online gambling companies saddled with a total of $870 million...and that's not counting the exorbitant 12 percent interest a year that Judge Wingate tacked on for good measure.
InfoPowa readers will recall that the case turns on a 1942 state law that allows third parties to claim amounts lost to illegal gambling if the actual losers have not claimed within a specific timeframe. Working on a contingency basis, the state's legal representatives came up with a potentially lucrative wheeze to exploit the law by going after Pokerstars in respect of its activities in Kentucky between 2006 and 2010.
Amaya, which is to appeal the judge's finding, has already produced numbers from its records showing that the amounts deposited by Kentucky players over that period are nowhere near Judge Wingate's $290 million award, let alone the punitive tripling of the amount just granted.
Judge Wingate has ruled consistently against Pokerstars through several court actions, and is still deliberating a request from the Poker Players Alliance to join the action in order to ensure that any award goes into the losing players' pockets and not the state coffers.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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