The Kentucky Supreme Court has reinstated an $870 million judgment against the owner of the PokerStars online gaming website.
The decision upholds a state suit seeking to extract treble damages from the poker site for the money Kentuckians lost on it between 2006 and 2011.
Despite the U.S. Supreme Court and state revenue departments warming to online betting, the Kentucky Supreme Court ruled that PokerStars was run by a “criminal syndicate” under state law. For roughly 4.5 years the site illegally took more than 246 million bets from Kentuckians, with half of those bets resulting in losses of $5 or ...
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