The data released by Twitter shows that bettors of all levels use the platform to help their handicapping. Some diligently search for the latest information; others simply look to tail the picks of popular betting personalities and discuss the action as the games play out. Even sophisticated betting syndicates rely heavily on Twitter.

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It also recommends the creation of a regulatory body to distinguish games based on luck and those that require skills. In addition, the new regulations would clearly define which gaming formats fall into which category.

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