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PartyPoker Pays Kentucky 15 Million USD

Saturday June 29, 2013 : ANOTHER ONLINE GAMBLING WINDFALL FOR KENTUCKY
 
This time it's $15 million from Bwin.Party.
 
For the second time this month, the US state of Kentucky has announced an Internet gaming-related settlement, this time recovering $15 million from the European giant Bwin.Party Digital Entertainment in respect of online gambling losses incurred by Kentucky residents.
 
Gov. Steve Beshear announced the settlement Friday in a statement that revealed the agreement has its roots in Party Pokers Kentucky activities pre-UIGEA (the Unlawful Internet Gambling Enforcement Act), which came into force in 2006.
 
Although Bwin.Party (then Party Gaming) pulled out of the US market in the wake of the law, which disrupted financial transactions between punters and online gambling firms, Kentucky filed a civil action against the gambling group in August 2010, and earlier this month reached an agreement with Bwin to settle Kentucky claims for $15 million.
 
Bwin.Party is keen to get back into the legalised US online poker market; it has partnership agreements with major US companies in Nevada, and has expressed an interest in legalisation developments in New Jersey.
 
Breaking news of the settlement, Governor Beshear said: “I’m pleased that we were able to recover losses on behalf of Kentuckians. bwin.party is making every effort to comply with the laws of the United States and demonstrate that they want to be known for their integrity and honesty in this industry.”
 
In 2009, Bwin.Party coughed up $105 million in a settlement with the US Department of Justice to clean its pre-UIGEA American slate.
 
Interestingly, neither Bwin.Party nor Party Gaming was named in another key anti-online gambling initiative by Kentucky - the 2008 attempt to confiscate 141 Internet domain names.
 
The Bwin.Party payment is the second online gaming-related settlement received by Kentucky this month.
 
Just last week, Beshear announced that Kentucky would receive $6 million in a settlement of unrelated federal court actions in New York and Maryland concerning the activities of  Absolute Poker and Ultimate Bet.
 
Secretary of Justice and Public Safety J. Michael Brown, who filed the Bwin suit on behalf of the state, said Kentucky will continue to pursue action against Internet gaming companies identified in its pending lawsuits, which include PokerStars and Full Tilt Poker.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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