A Washington appeals court has ruled that eBay-style peer-to-peer
betting site Betcha.com does not violate the state’s gambling
laws as gamblers are not legally obliged to pay out on losing bets.
Legal concerns elsewhere in the US leave the website likely to remain
dormant, however.
The global gambling industry is in a state of constant flux, evolving and growing at pace. The regulatory landscape requires professionals to stay on top of an increasing volume of complex regulatory demands.
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