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Author: Brian Pempus
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What Is ‘Responsible’ Sports ‘Trading’? Gambling Term Explained
A stock-market-style form of sports betting is sweeping the United States. Some of the numerous companies peddling the addictive product are using the new euphemism “responsible trading” to hook their customers. So-called “prediction markets” are a form of federally “regulated” online sports gambling — at least for now, until the courts settle the legal issue.…
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Missouri Gambling Addiction Treatment, Help & Free Counseling
Help is available for sports betting problems in Missouri.
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British Online Casino Tax Will Nearly Double To 40%
Online casinos in Great Britain will soon see a near doubling of their taxes owed on the gambler losses they rake in. Online gambling can cause severe harm, including being a major factor in suicide in some cases. In Great Britain, 1.4 million people are problem gamblers, with a further 1.6 million at risk. A…
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Why Does ‘Prediction Market’ Polymarket Take Bets On War?
The so-called “prediction market” betting platform Polymarket has been slammed this week for a social media post using an ethnic slur against Indian people. The post came in response to a recent X/Twitter update that revealed the location of user accounts. Apparently, some of the accounts promoting Polymarket were based in countries other than those…
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DraftKings Recklessly Promotes ‘Record’ $22M Online Slot Jackpot
DraftKings Casino announced “the largest online casino jackpot in U.S. history,” claiming that a Michigan gambler turned 20 cents into $22.4 million. The promotion of the historic jackpot came with no explanation of the odds and no mention of any gambling addiction hotline number. Notably, there was also no proof of the jackpot. No information…
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