Flutter settles Kentucky court ruling for $200 million [Reuters]
FLUTTER ENTMT UNSP/ADR (PDYPY)
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Source: Reuters
Flutter Entertainment plc See all The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. DUBLIN, Sept 22 (Reuters) - Flutter (FLTRF.I) has agreed to pay $200 million to the Commonwealth of Kentucky in addition to $100 million previously forfeited to settle an $870 million judgement reinstated last year, the PokerStars and Fanduel parent said on Wednesday. The original award of damages was made in 2015 against The Stars Group - which Flutter bought in a $6 billion deal in 2019 - but was vacated in its entirety by the Kentucky Court of Appeals three years later, Flutter said last year. read more The litigation had sought recovery of alleged losses by PokerStars players in Kentucky from 2006 and 2011. Flutter and the Stars Group said it had relied on a centuries-ol
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