Sponsiones ludicrae legal definition of sponsiones ludicrae
sponsiones ludicrae in the law of contract, promises relating to gaming. Historically, the courts considered them too trivial to be given legal effect but, betting and gaming being a huge industry, betting contracts ceased to be illegal in 2005.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive
Two points Dale - you're a bookie not a bank and check out your Latin phrasebook for Sponsiones Ludicrae
. Roughly translated it's tough s**t as a gambling debt isn't legally enforcable.