- When the stakes are high—examining the enforceability of gambling contracts
- Can a stake in a company wagered and lost on a poker game (or similar event) be enforced, even where the offer was only made as part of a verbal contract?
- Are there any exceptions made for those people who were intoxicated, either voluntarily/involuntarily when they made the bet?
- What steps can the losing party take to seek to rectify the situation/avoid having to relinquish company shares?
- What types of gambling debts are enforceable under the current legislation? Has there been any new regulation in this area recently?
- What is the Gambling Commission suggesting in relation to vulnerable users?
- Is there a role to play for local authorities either through licensing or general wellbeing duties?
- Are there any other interesting trends or developments affecting gambling law at present?
Commercial analysis: Can a stake in a company wagered and lost in a gambling contract be enforced in any circumstances and what can the losing party do in terms of damage limitation? Melanie Ellis, senior associate at Harris Hagan, provides a guide to the legislative landscape.
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