Online Gambling – Loss Recovery Act

By: Derek Hawkins//January 19, 2016//

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7^th Circuit Court of Appeals

Case Name: Kelly Sonnenberg, et al. v. Amaya Group Holdings (IOM) Limited

Case No.: 15-1885; 15-1887

Officials: BAUER, POSNER, and KANNE, Circuit Judges

Practice Area: Online Gambling – Loss Recovery Act

Gamblers who lost money to internet gambling website sue website to recover loses – case is dismissed.

“Creating legal remedies for gambling losses as a way to discourage gambling seems a lost cause, since the usual gambling “loss” is not a real loss and hence is not a real spur to litigation unless the game is rigged. A gambler knows that the money he puts in the pot is at risk. It is not a risk he has to take; he takes it because he hopes to win the pot, or simply because he likes gambling or risk taking in general. If he loses $50 he may well say to himself “I’d rather have won, but $50 wasn’t too high a price to pay for a night of gambling, and en route to losing $50 I did after all win some nice pots and get compliments from the guys I was playing with.”

Affirmed

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Attorney Derek A. Hawkins is the managing partner at Hawkins Law Offices LLC, where he heads up the firm’s startup law practice. He specializes in business formation, corporate governance, intellectual property protection, private equity and venture capital funding and mergers & acquisitions. Check out the website at www.hawkins-lawoffices.com or contact them at 262-737-8825.

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