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Kentucky Court of Appeals reverses $870m judgment against The Stars Group

24th December 2018 8:27 am GMT

Toronto-listed betting and gaming operator The Stars Group has confirmed that the Kentucky Court of Appeals has ruled in its favor and reversed in its entirety the $870m judgment issued against the company three years ago.

The appeal relates to a lawsuit filed by the Commonwealth of Kentucky in 2010, approximately four years prior to The Stars Group's acquisition of PokerStars. It sought recovery of alleged losses by Kentucky residents who played real-money poker on PokerStars' website [...]

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