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The founder of PokerStars admitted Wednesday to running an illegal online gambling business, nine years after he and other online poker executives were indicted by prosecutors in New York.
Staking is simply an investment strategy and investing in a product, company or a competitor in a game of skill is perfectly legal.
(a) As used in this article: (i) "Calcutta wagering" means wagering on the outcome of amateur contests, cutter horse racing, dog sled racing, professional rodeo events or professional golf tournament in which those who wager bid at auction for the exclusive right to "purchase" or wager upon a particular contestant or entrant in the event and when the … In the wake of a pair of poker room raids in Houston, KPRC2 picked her brain on what is illegal and what is legal when it comes to gambling in Texas. The Ukrainian parliament passed the law "On Prohibition of Gambling Business in Ukraine" (Gambling Ban Law) banning gambling business and any participation in … It can be, in a jurisdiction that poker is illegal, but the staking itself is not the problem.
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August 15, 2019.