{"id":44056,"date":"2020-12-18T09:46:57","date_gmt":"2020-12-18T09:46:57","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=44056"},"modified":"2020-12-18T09:46:57","modified_gmt":"2020-12-18T09:46:57","slug":"flutter-entertainment-hit-with-870-million-court-ruling","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/flutter-entertainment-hit-with-870-million-court-ruling\/","title":{"rendered":"Flutter Entertainment Hit With $870 Million Court Ruling"},"content":{"rendered":"<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-27586\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/08\/court-judgement-300x188.jpg\" alt=\"\" width=\"300\" height=\"188\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/08\/court-judgement-300x188.jpg 300w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/08\/court-judgement.jpg 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Flutter Entertainment were said to be shocked by the decision of the Kentucky Supreme Court reinstating the original ruling against the Stars Group which is now owned by Flutter.<\/p>\n<p style=\"text-align: left;\">Back in 2018 The Stars Group successfully appealed against a ruling by the Kentucky Court on operating online poker in the state from 2006 to 2011 and fined the poker firm $290 million.<\/p>\n<p style=\"text-align: left;\">However the Supreme Court in Kentucky ruling now has decided that the full amount liable is to be $870 million, the owner of The Stars Group said it was likely to appeal the decision given that back in 2006 to 2011 the company hosting online poker in Kentucky was called Oldford and had total revenues for that period of $18 million.<\/p>\n<p style=\"text-align: left;\">While the online poker industry in the US was under a grey area it was eventually deemed illegal but Poker Stars still acquired Oldford.<\/p>\n<p style=\"text-align: left;\">Flutter Entertainment did mention the legal issue with the Stars Group back in its prospectus to shareholders when purchasing the poker firm but said it did not believe the impact of any legal dispute would be significant.<\/p>\n<p style=\"text-align: left;\">Shares in Flutter Entertainment have dropped almost 2% in Friday trading on the news.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Flutter Entertainment were said to be shocked by the decision of the Kentucky Supreme Court reinstating the original ruling against the Stars Group which is now owned by Flutter. Back in 2018 The Stars Group successfully appealed against a ruling by the Kentucky Court on operating online poker in the state from 2006 to 2011 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":38357,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3,8,18],"tags":[],"class_list":["post-44056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","category-igaming","category-latest","category-n-america"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Flutter Entertainment Hit With $870 Million Court Ruling - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/flutter-entertainment-hit-with-870-million-court-ruling\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flutter Entertainment Hit With $870 Million Court Ruling - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Flutter Entertainment were said to be shocked by the decision of the Kentucky Supreme Court reinstating the original ruling against the Stars Group which is now owned by Flutter. Back in 2018 The Stars Group successfully appealed against a ruling by the Kentucky Court on operating online poker in the state from 2006 to 2011 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gaming-awards.com\/NEWS\/flutter-entertainment-hit-with-870-million-court-ruling\/\" \/>\n<meta property=\"og:site_name\" content=\"iGaming Post\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-18T09:46:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2019\/05\/flutter.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1025\" \/>\n\t<meta property=\"og:image:height\" content=\"626\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Debbie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:site\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Debbie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/flutter-entertainment-hit-with-870-million-court-ruling\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/flutter-entertainment-hit-with-870-million-court-ruling\\\/\"},\"author\":{\"name\":\"Debbie\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#\\\/schema\\\/person\\\/ec908169f7d4e72f9d6188460253f623\"},\"headline\":\"Flutter Entertainment Hit With $870 Million Court Ruling\",\"datePublished\":\"2020-12-18T09:46:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/flutter-entertainment-hit-with-870-million-court-ruling\\\/\"},\"wordCount\":196,\"publisher\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/flutter-entertainment-hit-with-870-million-court-ruling\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/flutter.jpg\",\"articleSection\":[\"Headlines\",\"iGaming\",\"Latest\",\"N. 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