Shells
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In December of 2020, Kentucky's Supreme Court had ruled, pokerstars owed the state of Kentucky $1.2 Billion, a fine that was originally placed against PokerStars in 2015. However, that number has decreased to $300 million.
How did the Kentucky state lawyers come to the amount of $1.2 Billion? Here are their calculations:
State lawyers estimated that between 2007 and 2011, 34,000 Kentuckians wagered $290 million through PokerStars. They then tripled that figure and added 12% interest, bringing their total claim to $1.3 billion in 2015.
More details are in the article linked below.
PokerStars Settles Kentucky Lawsuit for $300 Million
How did the Kentucky state lawyers come to the amount of $1.2 Billion? Here are their calculations:
State lawyers estimated that between 2007 and 2011, 34,000 Kentuckians wagered $290 million through PokerStars. They then tripled that figure and added 12% interest, bringing their total claim to $1.3 billion in 2015.
More details are in the article linked below.
PokerStars Settles Kentucky Lawsuit for $300 Million