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gambling contract

   Also found in: Financial 0.02 sec.
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Noun1.gambling contract - a contract whose performance by one party is contingent on the outcome of a bet; unenforceable by statute in most jurisdictions
contract - a binding agreement between two or more persons that is enforceable by law


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The company also brought an end to another loss making project, its interactive gambling contract with ITV.
This should mean that gambling contracts will be deemed to be consumer contracts in the same way that other commercial transactions are.
Common examples are contracts of insurance and suretyship, as well as gambling contracts.
 
 
 
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