Flutter to pay $300m out of court settlement in Kentucky lawsuit

FTSE 100 operator “considers the matter closed” and escapes $1.3bn fine in historic PokerStars case

Flutter Entertainment has agreed to pay more than $300m (£219.7m) to the Commonwealth of Kentucky to settle a long-running legal dispute with authorities over alleged illegal gambling. Issuing an update on the London Stock Exchange, Flutter confirmed that $200m would be paid to the Bluegrass State, in addition to a $100m supersedeas bond previously paid…

Finance | Flutter Entertainment | Kentucky | PokerStars | Regulation | The Stars Group | US