JUST IN: A major law firm warns card pack apps could legally count as lotteries, especially when they let you instantly cash a card back out.
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BREAKING: A draft EU law lumps collectible card packs in with loot boxes, saying they “share the speculative features of gambling.” It would force odds disclosure and ban them in products aimed at kids.
JUST IN: Yahoo Sports is pushing $70 and $200 card packs to fantasy players, promising “grails” worth 35-60x the pack price. Comes with a 20% promo code and sales timed to NFL games.
JUST IN: Britain’s betting lobby claims £500 million will go to illegal bookies this jump racing season, with no methodology published. In August, it put the same season at £800 million.
BREAKING: A UK court threw out a lawsuit from the family of a man whose death a coroner linked to gambling addiction. FanDuel’s sister brand Betfair argued that betting companies owe addicted customers no general duty of care.