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In the American state of West Virginia and prominent sportsbook operator FanDuel Group has reportedly failed in an attempt to offer markets concerning who will be elected in November to serve as the nation’s 46th President.Reportedly read a statement from Legal Sports Reports’ John Holden…“Wagering on political markets is explicitly prohibited by statute in a number of states and most states have found it incompatible with public policy in a nuAbrupt about-face:But, Legal Sports Report detailed that this same West Virginia authority reversed its initial decision only two hours later by pronouncing that it believed a member of its staff had ‘jumped before being given an approval....
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”The Stockholm-headquartered innovator used an official Wednesday press release to declare that the judgement involves the endorsement of a wide range of its processes including those dealing with infrastructure, development and network configuration alongside an affirmation that it has demonstrated a ‘commitment to information security management.’ This change of heart purportedly put paid to a book that was to have also contained markets on whether a Republican or a Democrat will be the next resident of the White House alongside who may serve as their Vice-President....
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However, the West Virginia Lottery has asked FanDuel [Group] to refrain from offering the markets until we have time to fully work through the implications and research it further. It explained that these sites utilize platforms from Gamanza Group AG and Alands Penningautomatforening respectively and that it moreover hopes to go live ‘with several other licensed Swiss operators’ over the next few months. It explained that these sites utilize platforms from Gamanza Group AG and Alands Penningautomatforening respectively and that it moreover hopes to go live ‘with several other licensed Swiss operators’ over the next few months....
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The move, according to the firm, due to client demand and the “response of their game content in the region.Fagerlund’s statement read…“We continue to deliver on our strategy to grow by strengthening our position in regulated markets.’ This change of heart purportedly put paid to a book that was to have also contained markets on whether a Republican or a Democrat will be the next resident of the White House alongside who may serve as their Vice-President....
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It cited a section of the West Virginia Code as defining bets placed ‘on any election held in this state as being unlawful’ even though many observers believe allowing such markets could actually increase voter turnout.Fagerlund’s statement read…“We continue to deliver on our strategy to grow by strengthening our position in regulated markets.”Belarus move:To kick off the month of April, the player-focused casino games developer announced that Belarus is the latest stage of its strategic European expansion strategy....
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