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A Blog About Online Gaming and Entertainment Regulations

During the debate to legalize sports wagering in the United States opponents claimed that it would lead to increased corruption and match fixing in sports. However, Sportsradar’s annual Betting Corruption and Match-Fixing Integrity Services Report for 2022 revealed that the number of suspicious matches has declined in North America. According to the Report the number of suspicious matches in North America declined 25% compared to the year before. While the Report stated that over 99.5% of sporting events have no instances of match-fixing and no one sport had a suspicious match ratio of over 1%, across 12 sports and 92 countries, it was found that 630 suspicious matches were reported in Europe, 240 reported in Asia, 225 reported in South America, 93 reported throughout Africa, and only 24 in North America. Perhaps the reason behind the decline in North America, is the drastic increase in sports wagering regulation in the United States. There are 36 states (and Washington, D.C.) that have legalized sports wagering, and 27 of those... Read more

Recently, the NFL suspended five players for violations of the league’s gambling policy. Three players received indefinite bans (with the right to apply for reinstatement after the 2023 season) because they were caught betting on NFL games in the 2022 season, while two other players received six-game suspensions for betting on non-NFL games at a… Read More

For bookmakers, who have honed their tools of prediction since the dawn of sports betting, artificial intelligence seems like a natural fit. With a diverse array of AI and AI-adjacent products reaching the market, sports betting operators are primed to exploit these technological developments to offer new and better products to their users. As these… Read More

From April 12th to April 14th, NFT.NYC held its fourth inaugural event since its launch in 2019, boasting more than 1,500 speakers across seven different categories and a featured section. Moving from an array of venues spread throughout Times Square to a centralized location North Javits, Hudson Yards, the event was significantly less well attended… Read More

Ifrah Law on Web3: Web3.0’s Solutions
April 19, 2023

Ifrah Law on Web3: Web3.0’s Solutions

By: Jake Gray

At issue in Web2.0 was the centralization of web platforms and protocols under a user-independent authority, and therefore users’ inability to meaningfully exert control over their web experience, interactions, and data. While such a dynamic provided significant benefits in making the web accessible to a much wider population by lowering the technical barrier to entry,… Read More

Ifrah Law on Web3: Origins of the Web
April 17, 2023

Ifrah Law on Web3: Origins of the Web

By: Jake Gray

In parts (1) and (2) of this series, we’ll cover the basics of the Web and aspects of its technical history up to the present, and then discuss how Web3 technologists are trying to revolutionize the Web in its current iteration by solving its characteristic problems, respectively. In the following parts, (3) and (4), we’ll… Read More

Critical Crypto-Securities Issue May Soon Come to a Head in SEC v. Ripple
February 8, 2023

Critical Crypto-Securities Issue May Soon Come to a Head in SEC v. Ripple

By: Jacob Grubman and Jake Gray

This work was originally published in Business Law Today for the American Bar Association’s Business Law Section. A lawsuit filed by the U.S. Securities Exchange Commission (“SEC”) against Ripple Labs, Inc. (“Ripple Labs”), creator of the popular cryptocurrency token known as XRP, represents a turning point for the cryptocurrency and wider blockchain-technology industries in their… Read More

On December 1, 2022, the Massachusetts Gaming Commission (“MGC”) held an Open Meeting to discuss a number of items ahead of the upcoming launch of retail sports wagering and later launch of online sports wagering. Of particular note was a topic brought up by the Director of the Investigations and Enforcement Bureau, Loretta Lillios, requesting… Read More