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Professional boxing, or prizefighting, is regulated, sanctioned boxing. Professional boxing bouts are fought for a purse that is divided between the boxers as determined by contract. Most professional bouts are supervised by a regulatory authority to guarantee the fighters' safety. Most high-profile bouts obtain the endorsement of a sanctioning body, which awards championship belts, establishes rules, and assigns its own judges and referees. Professional boxing was banned in Cuba from 1961 to April 2022. So was also the case in Sweden between 1970 and 2007, and Norway between 1981 and 2014.

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