July 10, 2019 At the end of June, Illinois Governor J.B. Pritzker signed into law a massive gaming initiative, which includes legalized sports gambling. While the sports gambling law’s passage does not mean that wagers on sporting events can be accepted right away, it does represent a major legal change in one of the country’s […]
Illinois Enacts Sports Gambling Law Read More »
February 20, 2019 On February 6, 2019, Mr. David Rebuck, Director of the New Jersey Division of Gaming Enforcement (the “Division” or “NJDGE”), notified Oddsshark.com and its operators that their promotion of illegal gaming sites violated Federal, and New Jersey State gambling marketing laws. In response to the notification, Oddsshark.com has posted an “ACCESS DENIED”
OddsShark.com Bitten by New Jersey Gambling Marketing Laws Read More »
January 21, 2019 The Office of Legal Counsel for the United States Department of Justice (“DOJ”) has released an opinion updating the DOJ’s interpretation of the federal Wire Act. The new Wire Act opinion letter expands the scope of the Wire Act’s interstate prohibitions as they have existed since 2011. However, given the potentially drastic
Justice Department Releases Wire Act Opinion Letter Read More »
By Zachary Zagger. Law360 (October 31, 2018, 5:16 PM EDT) — A New York state court’s recent ruling that daily fantasy sports contests are gambling exposes operators like DraftKings Inc. and FanDuel Inc. to legal risks that were thought to be resolved and may force the companies to lobby for an amendment to the state
NY Daily Fantasy Sports In Jeopardy After Gambling Ruling Read More »
September 12, 2018 The Securities and Exchange Commission (“SEC”) recently settled two lawsuits against sports betting funds which the agency accused of violating the Securities Act. The settlement culminates a nearly two-year investigation, and the first known prosecution of a sports betting fund since Nevada legalized such pooled wagering. What were the nature of the
SEC Settles Lawsuits Against Nevada Sports Betting Funds Read More »
August 29, 2018 Last week, Utah Senator Orrin Hatch gave a speech from the Senate floor lamenting the lack of congressional debate over sports gambling in the months following the Supreme Court’s decision to strike down the Professional and Amateur Sports Protection Act (“PASPA”). Hatch, an original PASPA co-sponsor, touched upon both the risks he
Federal Sports Gambling Legislation on the Way? Read More »
June 4, 2018 Following the recent landmark Supreme Court decision striking down the Professional and Amateur Sports Protection Act (“PASPA”), New York State Assemblyman Gary Pretlow said that he expects to introduce a bill before the Assembly this week that would legalize sports gambling in the State. In order for the bill to become law,
New York Moving Fast to Legalize Sports Gambling Read More »
April 11, 2018 The United States Court of Appeals for the Ninth Circuit recently rendered a decision based on the State of Washington’s gamling law, known as the Recovery of Money Lost at Gambling Act (“the RMLGA”), that could have broad implications for online gaming platforms. In the lawsuit, Plaintiff Cheryl Kater (“Kater”) sued Defendant
Gaming Law in Washington State: Court Rules that Virtual Chips are “Things of Value” Read More »
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