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Kentucky Awarded $290 Million in Pokerstars Case
Thursday December 17,2015 : $290 MILL KENTUCKY COURT JUDGEMENT AGAINST POKERSTARS PARENT AMAYA
Controversial case exploits a Kentucky statute that allows a third party to litigate where a gambling loser or creditor does not do so.
A county level case in Kentucky that had its genesis in a failed 2008 attempt to seize the international domains of online gambling companies is back in the headlines this week with the news that Franklin Circuit Court Judge Thomas Wingate recently awarded a $290 million judgment against defendants Pokerstars and its parent group, Amaya Group Holdings.
Amaya is to appeal the issue.
Our readers will recall that Judge Wingate adjudicated the domains issue and a subsequent and related 2010 case against Pokerstars and Full Tilt. The current litigation was recently joined by the Poker Players Alliance action group, which claims that the state is trying to fill its own coffers at the expense of players and their interests, which the legal company's suit has ignored and the PPA seeks to represent.
The defendants in the case are being pursued - reportedly on a contingency basis - by a private legal company representing the Commonwealth of Kentucky under the auspices of a seventy-three-year-old state statute which allows third parties to take up a case where a loser or creditor fails to do so, subject to specific timeframes.
The same statute has provision for the award of damages of treble any award made by the judiciary
Amaya and the state's legal company are both seeking clarification from Judge Wingate on how he arrived at the monumental award, which Amaya claims is significantly more than deposits paid in to Full Tilt and Pokerstars by Kentucky players in the timeframe covered by the suit.
Amaya is also contesting whether the state can be defined as a person in terms of the 1942 statute, a question that speaks to whether the state has standing to make its claim.
A federal court has ruled that Kentucky can be regarded as a person for the purposes of this case, although US District Judge Gregory F. Van Tatenhove, in returning the matter to Wingate’s court, noted that the federal court did not have jurisdiction in a gambling-related matter.
The appeal process could drag out the issue for several more years as it is argued back and forth, but it could have negative repercussions for the online gambling group in its future quests for licensing approval in US states that decide to legalise online gambling, some observers have speculated.
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 -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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