Fantasy Sports

Fantasy Sports Pool Betting May Soon Be Legal in Nevada

In a previous post, we detailed the recent developments involving Nevada’s law authorizing interstate poker compacts with partnering states. In another unprecedented first, it appears that Nevada may allow fantasy sports players to pool their resources and bet collectively. Details of Nevada Senate Bill 346 Last week, Nevada Senate Bill 346 was introduced to the

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Iowa Set to Legalize Fantasy Sports Gambling?

Individuals have been engaging in Internet-based fantasy sports leagues since 2006, when the Federal Government created a specific carve-out for fantasy sports in the Unlawful Internet Gaming Enforcement Act.  However, the ability to collect monetary prizes was left to the discretion of the individual states.  While the vast majority of states allow residents to collect

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Is It Illegal to Have Cash Prizes For Fantasy Sports Contests?

The short answer to the question posed in the title is, “it depends on the jurisdiction and the features of the fantasy sports game.” In terms of federal law, the 2006 Unlawful Internet Gambling Enforcement Act (“UIGEA”) created a specific carve out for fantasy sports games that meet certain criteria.  In order to fall within

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New Jersey Sports Gambling Law Suffers a Setback

A New Jersey State law legalizing sports gambling in Atlantic City casinos suffered a major setback in federal court yesterday.  The New Jersey law legalizing sports gambling was passed in early 2012, and was almost immediately challenged in court by the NFL, NHL, NBA, Major League Baseball and the NCAA.  In addition, the NCAA has

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