Gambling News from PokerStars and Kentucky!
🔞 THIS VIDEO INTENDED FOR ADULTS 18+ 🔞
📺 This week’s gambling news: PokerStars has finally settled their long battle with the state of Kentucky, with roots all the way back to the 2006 law that criminalized online gambling! And in other gambling news we’re heading to Las Vegas this week! This week’s special offer is from Wicked Bet: https://online.casinocity.com/casinos/wickedbet-casino/
🔔 PLEASE SUBSCRIBE to help support our channel: https://www.youtube.com/user/ThisWeekInGambling?sub_confirmation=1
✉️ JOIN OUR WEEKLY MAILER for news and videos: https://www.thisweekingambling.com/weekly-mailer/
🌐 VISIT OUR SITE for current gambling headlines: http://www.ThisWeekInGambling.
❤️ If you think you have an issue with gambling, free help is available:
▪️In the US: http://www.GamblersAnonymous.org
▪️In the UK: http://www.BeGambleAware.org
▪️ 00:00 – Welcome to TWiG: http://www.ThisWeekInGambling.com
▪️ 00:52 – PokerStars Gambling News: https://www.thisweekingambling.com/long-running-pokerstars-kentucky-battle-ends/
▪️ 02:08 – PokerStars $870 Million Fine: https://www.thisweekingambling.com/amaya-appeals-kentucky-870-million-fine/
▪️ 02:35 – Kentucky Supreme Court Fines $1.3 Billion: https://www.thisweekingambling.com/another-prime-example-of-goopokerstars-lawsuit-nets-kentucky-over-1-billion/
▪️ 05:02 – Rosh Immortality Cube: https://www.thisweekingambling.com/rosh-immortality-cube-megaways-from-gameart/
▪️ 06:26 – End Tag
The PokerStars Kentucky Battle:
This week’s gambling news follows a dispute with roots tied to Black Friday! But now, the long and bitter PokerStars Kentucky fight has finally come to an end. This battle has been slowly simmering for a decade, beginning after the passage of the UIGEA, and escalating with the events of April, 2011, when the US Department of Justice seized the domains of the major online poker rooms.
The state of Kentucky alleged that PokerStars offered “illegal gambling to state residents between 2007 and 2011. As a result, the state imposed a fine on the company of $290 million to Amaya Gaming, who were then the owners of the sight. Then the fight was on. In the process of fighting the fine, Kentucky thought it would be cute to increase the damages to $870 million, which Amaya and PokerStars appealed to the state’s highest court.
In the meantime, PokerStars was purchased by Flutter and the fight found it’s way to the Kentucky Supreme Court. In a 4-3 decision, the court upheld the fine and added ‘damages’, bringing the total fine owed by PokerStars to a staggering $1.3 billion (with interest). However, PokerStars and Flutter continued to battle until the matter was set to go before the US Supreme Court. And now, gambling news finds that this dispute has finally come full circle!
🛑 LEGAL NOTICES 🛑
®️ “This Week in Gambling” is a registered trademark with the USPTO. Use of our mark is not allowed and may result in legal action.
©️ “This Week in Gambling” is uploaded to this channel with a Standard YouTube License. Sharing our videos on personal websites, blogs and forums using the YouTube embed code is both allowed and appreciated. However:
▪️ You may NOT re-use, distribute, publish or embed our videos FOR PROFIT in any way;
▪️ You may NOT represent yourself as the owner or creator of our videos;
▪️ You may NOT download or capture our videos for the purpose of re-editing them; and
▪️ You may NOT download our videos and re-upload them to a video hosting platform, your servers, or another YouTube channel.
🔞 Videos from This Week in Gambling discuss casino games and gambling news. They are intended to be viewed by adults age 18 and older, or age 21 and older where required by law. Our videos are for information and entertainment purposes and do not endorse illegal or underage gambling. Viewers should always comply with their local, state, and federal gambling laws. Those who participate in games of chance and gambling are encouraged to play responsibly, within their means, and are responsible for their own actions. The show hosts, producers, partners, participants, parent company(s), guests, sponsors, employees, contracted help, and associates not listed here accept no liability or responsibility whatsoever for any losses directly or indirectly caused by the gambling or gaming activity of viewers.
✅ Permitted Re-Use: Parties interested in working with us for the WHITE LABELING and/or RE-BRANDING of our content may contact us directly:
▪️ Via YouTube: https://www.youtube.com/user/ThisWeekInGambling/about
▪️ On Our Website: http://www.thisweekingambling.com/
#GamblingNews #PokerStars #UIGEA #PokerNews