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      "text": "We believed this new product would be bigger, better and safer with regulatory oversight. No initial oversight possible as CFTC does not regulate sports and state sports gaming commissions only regulated conventional bets. Petitioned NJ Division of Gaming to treat Mojo stock as a new, long-term sports futures contract and to regulate under gaming laws. Approval secured in August of 2022; Customer protections include age restrictions, risk disclosure requirements, deposit reserves and others",
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