Finance Posts

Cold Water on Insider Trading Fears: Prediction Markets Miss the 2026 NFL Draft

Apr 29, 2026

Cold Water on Insider Trading Fears: Prediction Markets Miss the 2026 NFL Draft

From April 23 to April 25, the National Football League (“NFL”) held its annual player selection draft.  Over 800,000 fans gathered in Pittsburgh, Pennsylvania to watch Commissioner Roger Goodell announce the picks live, with millions more watching on TV and other digital platforms.[1]  But the NFL Draft is not just a spectator event—both traditional sportsbooks…

George Calhoun on Keeping iGaming Companies Competitive and Thriving

Apr 21, 2026

George Calhoun on Keeping iGaming Companies Competitive and Thriving

Chambers-ranked litigator George Calhoun acts as a strategic guide for Ifrah Law’s iGaming clients who face difficult business challenges. When iGaming operators are trapped in unfavorable legacy agreements or scrambling after their business partners suddenly bail out, George provides the strategic counsel they need in an industry defined by rapid expansion, complex agreements, and high…

Maryland’s Ever-Changing Gaming Landscape: Evolution, Adaptation, and Legal Tension

Mar 23, 2026

Maryland’s Ever-Changing Gaming Landscape: Evolution, Adaptation, and Legal Tension

Maryland’s Ever-Changing Gaming Landscape: Evolution, Adaptation, and Legal Tension Earlier this month I had the opportunity to attend the 3rd annual Town Hall Meeting, hosted by Morgan State University’s Center for Data Analytics and Sports Gaming Research and National Council of Legislators from Gaming States and participate in a lively discussion about the ever-changing face…

Major League Development: CFTC and MLB Agree to Monitor the Integrity of Prediction Markets

Mar 19, 2026

Major League Development: CFTC and MLB Agree to Monitor the Integrity of Prediction Markets

In a watershed moment for the prediction market industry, the Commodity Futures Trading Commission (“CFTC”) signed a Memorandum of Understanding (“MOU”) with Major League Baseball (“MLB”) today.  According to the CFTC’s press release, the groundbreaking agreement “establishes a framework for the CFTC and MLB to discuss, cooperate, and exchange information concerning issues of common interest…

CFTC Plants the Flag on Regulating Prediction Markets

Mar 4, 2026

CFTC Plants the Flag on Regulating Prediction Markets

On February 25, 2026, the Commodity Futures Trading Commission (“CFTC”), the governmental body primarily responsible for overseeing prediction markets, took a significant step toward consolidating its authority to oversee trading activities on prediction-market platforms.[1]  The CFTC’s Division of Enforcement issued a “Prediction Markets Advisory” describing two enforcement actions brought by Kalshi, the world’s largest prediction…

Jeff Ifrah Talks iGaming M&A: Opportunities, Strategies, and Smart Plays

Feb 18, 2026

Jeff Ifrah Talks iGaming M&A: Opportunities, Strategies, and Smart Plays

One of the best-known power players in iGaming, Jeff Ifrah is both the team captain and the founding MVP of Ifrah Law’s nationally ranked Online Gaming and Sports Betting practice. His strength as a litigator is matched by his depth as a business strategist and counselor. A respected dealmaker, Jeff has helped to incubate, structure…

Prediction Markets Raising Predictable Questions of Regulation, Public Policy

Jan 27, 2026

Prediction Markets Raising Predictable Questions of Regulation, Public Policy

On January 3, 2026, the United States carried out a shocking military strike against Venezuela, resulting in the capture of Venezuelan President Nicolas Maduro.[i]  Maduro was taken from his home in Caracas and flown to New York, where he faces narco-terrorism conspiracy, cocaine importation conspiracy, and weapons possession conspiracy charges.[ii] While the strike surprised most…

The United Kingdom Institutes a Voluntary Code of Good Practice for Operators of Prize Draws

Nov 26, 2025

The United Kingdom Institutes a Voluntary Code of Good Practice for Operators of Prize Draws

The United Kingdom has published a Voluntary Code of Good Practice for operators of prize draws and competitions (“PDCs”).[1]  The Code contains a wide range of key measures that operators are expected to implement to improve player safety and transparency.  Because the Code is voluntary, operators are not legally bound to abide by it.  However,…

Following in Florida’s Footsteps: Hub-and-Spoke Sports Betting Could Be Coming to Wisconsin.

Oct 28, 2025

Following in Florida’s Footsteps: Hub-and-Spoke Sports Betting Could Be Coming to Wisconsin.

Statewide online sports betting may soon be coming to Wisconsin. Last week, a bipartisan group of Wisconsin legislators introduced a bill, LRB-4723/1, which would legalize online sports betting in the state.[1]  If the bill is enacted into law, Wisconsin would become the 32nd state to allow online sports betting statewide. Wisconsin has not yet enacted…

As Predicted, Prediction Markets Dominate G2E Discussions

Oct 13, 2025

As Predicted, Prediction Markets Dominate G2E Discussions

Every year at the biggest gaming conference in the world, G2E, there is one topic on everyone’s lips. In past years, these topics have been legalized online sports wagering, daily fantasy sports, legalized iGaming, expansions of legalized online gaming, social gaming, and sweepstakes casinos. This year it was no different; the topic being – prediction…