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October 6, 2022

Gambling and Insurance Contracts

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Gambling is the act of placing an amount of money on an uncertain outcome. The stakes and risks involved in gambling must be carefully considered. Insurance contracts, for example, are a form of gambling. A person can win money or receive a prize if their bet wins. However, the game of gambling is not for everyone. Legal gambling In most states, gambling is still illegal. Fortunately, some states are taking giant steps towards legalizing the activity. New Jersey, for instance, recently made it legal to play online casino games. This […]

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