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    DraftKings Launching Microbetting Prediction Markets: Innovation or Regulatory Arbitrage?

    DraftKings is preparing to launch a new prediction market platform, DraftKings Exchange, which will feature microbetting. This move is seen as a significant innovation in the betting space, though some question if it's also a strategy to navigate regulations.

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    Bookies slash or suspend Manchester City relegation odds after guilty verdicts

    Bookies slash or suspend Manchester City relegation odds after guilty verdicts

    Following Manchester City's guilty verdict on 114 financial regulation breaches, major bookmakers in the UK have either suspended or significantly adjusted their Premier League relegation markets. Operators like William Hill, bet365, Paddy Power, and Sky Bet swiftly reacted to the news. This move reflects the significant perceived risk of potential penalties, despite an expected appeal process.