Kentucky Supreme Court: Online poker site must pay state $1B
FRANKFORT, Ky. (AP) – The Kentucky Supreme Court has ruled that an online poker company must pay more than $1 billion to Kentucky. The ruling was for illegal gambling losses that began a decade ago.
The ruling from the state’s high court reinstated a Franklin Circuit Court judgement against PokerStars.com. Two years ago, the state appeals court rejected the collection of the gambling losses.
Gov. Andy Beshear says the total amount is nearly $1.3 billion that would be ordered to be recovered. The Kentucky Justice and Public Safety Cabinet filed the lawsuit in 2010.
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