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On 5 March 2009, France proposed new legal guidelines to regulate and tax Web gambling. Advance-deposit wagering (ADW) is a type of playing on the result of horse races by which the bettor should fund his or her account before being allowed to position bets. In distinction to ADW, credit shops permit wagers with out advance funding; accounts are settled at month-end. Racetrack homeowners, horse trainers and state governments sometimes obtain a share of ADW revenues. In many legal markets, online gambling service suppliers are required by law to have some form of li
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