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Kentucky announces online gaming settlement

FRANKFORT, Ky. (AP) - For the second time this month, Kentucky has announced an Internet gaming-related settlement, this time recovering $15 million in online gambling losses by Kentucky residents.

Gov. Steve Beshear's office said Kentucky filed a case against bwin.party in August 2010 and reached an agreement earlier this month.

Justice and Public Safety Cabinet spokeswoman Jennifer Brislin said the money will go into the state's General Fund. Another $6 million was earlier announced to be headed for Kentucky's General Fund from a settlement of unrelated federal court actions in New York and Maryland stemming from online gambling.

Beshear said in a statement that bwin.party was trying to comply with U.S. law and be known for "integrity and honesty in this industry."


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