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pokerstars, part of flutter, betfair's owner, has been told to pay back player losses in the netherlands.
Online poker sites PokerStars and Bwin must refund over $450,000 to cover losses by players on their sites, a Dutch court ruled on Wednesday.
In a significant ruling that may have widespread ramifications for both players and sites, two Dutch players sought reimbursement for losses incurred on PokerStars and Bwin while the sites operated in the Netherlands without proper licensing.
The court eventually ruled the gambling agreements null and void, meaning the losses — which occurred between 2006 and 2021 — must be repaid.
https://www.pokernews.com/news/2024/04/poker-sites-ordered-to-refund-losses-to-players-45803.htm
Could be many millions involved if other players file claims and the appeal fails. Did the exchange operate there?
Online poker sites PokerStars and Bwin must refund over $450,000 to cover losses by players on their sites, a Dutch court ruled on Wednesday.
In a significant ruling that may have widespread ramifications for both players and sites, two Dutch players sought reimbursement for losses incurred on PokerStars and Bwin while the sites operated in the Netherlands without proper licensing.
The court eventually ruled the gambling agreements null and void, meaning the losses — which occurred between 2006 and 2021 — must be repaid.
https://www.pokernews.com/news/2024/04/poker-sites-ordered-to-refund-losses-to-players-45803.htm
Could be many millions involved if other players file claims and the appeal fails. Did the exchange operate there?
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