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Soccer 'stock market' slashes payouts, works to fix cash crunch

Mar 7, 2021 A U.K. gambling website that calls itself a “real money virtual stock market” offering bets on soccer players said it’s in talks to fix a liquidity crunch and paused a technology project with Nasdaq. Football Index also said it would slash payouts, or “dividends,” to clients in a move that caused an angry backlash on social media. The decision was made following consultation with legal and financial advisers, “in order to ensure the long-term sustainability of t...
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