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Regulation

Novig Loses Court Protection Against New York Gambling Law Enforcement

(2 hours ago) · 1 source · Summarized by CryptoBipto

Novig, a peer-to-peer sports betting platform, has lost its legal shield in a New York court. The ruling means New York gambling laws can now be enforced against the platform, which had previously sought court protection to continue operating.

WHY IT MATTERS

This case matters because it shows how existing gambling laws can apply to newer types of betting platforms.

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SOURCES

  • cryptoslate.com

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