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NYTimes.com explains that Virgin's planned return to gaming is to allow wagering on the outcome of Xbox 360 and PlayStation 3 games, which the Times explains "is legal in all but 11 states because the video games are considered games of skill, not chance." For the record, the U.S. states where this is not legal are Arizona, Arkansas, Delaware, Florida, Indiana, Iowa, Louisiana, Maryland, Montana, Tennessee, and Vermont. There are other sites offering similar services, but one difference here is that the Virgin site will determine the winners, rather than relying on users' reports on the outcomes of matches. The service will be open to those 18 years of age or older, and as financial safeguards, maximum wagers are limited to $1,000.00 USD and players can only deposit $500.00 a week into their accounts. Virgin's skim will be 12% of each bet. The countdown on the new Virgin website has reached zero, but the new site is not yet live.
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