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How One Brewing Company Tried to Gamble $50 Million of Investor Cash

” “The powers that be don’t seem to like gambling as much as we do,” the company wrote on its website. It’s not hard to guess why. “First and foremost, roulette is not legal in many states and places outside the United States,” Thomas Simeone, a partner at the Washington, D.C., law firm Simeone & Miller, tells VinePair in an email. “So, offering to place a bet for someone who may not be legally allowed to do so themselves — which is exactly what BrewDog was offering to do — can be aiding and abetting a violation of the law where the investor lives.””

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How One Brewing Company Tried to Gamble $50 Million of Investor Cash