00:00Is there an example of a bet that you've seen that maybe crossed the line?
00:04You know, we're certainly evaluating the facts associated with trading activity in each instance.
00:11There are contracts, and we've mentioned a few in our guidance that we put out recently around injury of players.
00:18That raises some concern because you can target a player, and that seems very potentially manipulable.
00:23There are other instances where you have unsportsmanlike conduct calls where somebody could, of course, manipulate that contract, arguably.
00:33And there are other examples.
00:35Or bets on whether somebody will survive or whatnot.
00:37That would presumably cross the line.
00:39Right, and our statute actually gives the agency broad authority to prohibit, when in the public interest, contracts on war,
00:47terrorism, assassination, and gaming, as well as illegal conduct under federal and state law.
00:52So we're certainly thinking about that when we're evaluating what contracts are listed.
00:57We have the ability to reject contracts that have been listed on a platform, and we take that action where
01:03it makes sense to do so.
01:04But the exchanges are the first line of defense, and they're evaluating these contracts as well.
01:08But presumably, these markets are going to be cautious about, they're not going to put something out there about, yes,
01:13whether somebody will be rescued or killed in a war or whatever.
01:17They're not going to want to put that out there.
01:19Absolutely, we'd likely reject those contracts or do a public interest analysis on those contracts.
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