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Lifting the minimum age to use social media won’t be enough to protect older teenagers from trying online gambling, the former Tabcorp chief executive says. The strategy presented to hoteliers and clubs says the bookmaker will set aside $50 million for betting inducements and $80 million to overhaul its terminals. A SkyCity shareholder brought an application seeking to start a derivative action, where he would sue former executives and directors on behalf of the company.
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