Category: Online Gaming and Entertainment
Who Needs a License for Online Sports Betting and Gaming in New Jersey?
With online sports betting and gaming now legal in New Jersey, many businesses are seeking to jump into this flourishing industry. However, the regulations require that any company seeking to offer this kind of entertainment be associated with a land-based casino in the state, and that kind of association requires a specific legal status. Companies… Read More
A Guide To Getting A Legal Online Gaming License
Now that states have the right to decide whether to allow sports betting within their borders, the floodgates have opened: numerous states are passing bills so that this form of entertainment can start generating revenue within their borders. Because many consumers will want to engage in this kind of online gaming on their mobile devices,… Read More
Why We Won’t See A Federal Sports Betting Bill Soon
Following the Supreme Court decision to overturn The Professional and Amateur Sports Protection Act (PASPA) in Murphy v. NCAA, in June Delaware became the first state to take advantage of the new ruling. Delaware governor John Carney placed the state’s first legal single-game bet: $10 on the Philadelphia Phillies in their game against the Chicago… Read More
Industry Experts Agree: Online and Mobile Wagering is Critical to the Success of Sports Betting
The recent University of Nevada Las Vegas Institute on Gaming Regulation’s Understanding Sports Betting seminar included presentations by professors from UNLV, practicing attorneys in the field, sports book operators, and regulators from the Nevada Gaming Control Board, who provided a wide range of viewpoints on the ins-and-outs of sports betting regulation. The one topic on… Read More
Effective Sports Betting Regulation Must Cover Mobile and Online Betting, Too.
On May 14, 2018, the Supreme Court struck down the Professional and Amateur Sports Protection Act (“PASPA”), clearing the way for states to legalize sports gambling. In its wake, many states are now rushing to do just that. Currently fourteen states have legislation pending that would authorize some degree of sports wagering. An additional five… Read More
Ifrah Law Article on SCOTUS Sports Betting Decision in George Washington Law Review
In their recent article published in the George Washington Law Review, firm founder Jeff Ifrah and associate David Yellin describe the three immediate effects of the groundbreaking Supreme Court decision in Murphy v. NCAA: “this ruling immediately legalizes sports betting in New Jersey, opens up a logjam that states, casinos, and foreign sportsbooks have been hoping… Read More
Apple Decides To Clean House
App developers, take note: due to Apple’s latest “clean-up” project, you should review your current apps to ensure that they meet Apple’s new App Store Review Guidelines. Make sure that your app is not a clone, does not offer spam or pirated material, is up-to-date, and has a “unique feel.” What prompted Apple’s clean-up project?… Read More
Supreme Court Ruling on Sports Betting Case Could Level the Playing Field
This month Ifrah Law submitted an amicus brief to the United States Supreme Court in Christie v. NCAA, a pivotal case with far reaching implications for the gaming industry and state coffers across the country. The case asks whether New Jersey can offer sports betting in regulated casinos and race tracks in New Jersey. A… Read More
SEC Continues to Focus on ICOs
A new enforcement initiative by the Securities and Exchange Commission, part of its proclaimed efforts to address cyber-based threats and protect retail investors, indicates that the agency is including Initial Coin Offerings (ICOs) under its broad blanket of protection. Recent actions by the agency in the case of REcoin give more clues to its position… Read More
ICOs Facing an Uncertain Future in China and the U.S.
This week, in a joint statement issued by the People’s Bank of China, the securities and banking regulators, and other government agencies, the Chinese government declared that initial coin offerings (ICOs) constitute “illegal open financing behavior” and immediately froze all ICO activity. The joint statement explained that the tokens issued in ICOs do not have… Read More
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