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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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Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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