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One potential application of blockchain technology in the gambling industry is the use of smart contracts to automate certain aspects of the gambling process. Smart contracts can ensure that the rules of the game are followed and that the outcomes are fair and transparent. Smart contracts can also reduce the need for intermediaries, such as casinos and bookmakers, which can lower costs and increase transparency. However, the adoption of smart contracts in the gambling industry is still in its early stages, and there are several challenges to overcome, such as regulatory compliance and customer adoption

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