Ky., US Reach $6M Deal To End Poker Site Claims

Law360, Los Angeles (June 18, 2013, 6:19 PM EDT) -- The state of Kentucky has agreed to drop its fraud claims against gaming sites PokerStars, Full Tilt Poker and Absolute Poker, after the U.S. government agreed to transfer $6 million in settlement funds to the state, according to documents filed in New York federal court Monday.

The stipulation and order of settlement comes less than a year after PokerStars said it would pay a total of $731 million and absorb fellow gaming site Full Tilt Poker in order to settle the government’s wide-ranging fraud allegations. PokerStars...
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