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Reviving the Statute of Anne: Should Lawyers Mine Centuries-Old Statutes for Profit?
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June 16, 2025
Reviving the Statute of Anne: Should Lawyers Mine Centuries-Old Statutes for Profit?
By: Robert Ward
For most of American history, state governments strictly prohibited nearly every form of gambling. In the last 100 years, however, many states have loosened gambling prohibitions in favor of a legal, regulated gambling industry. Still, remnants of strict, anti-gambling attitudes remain on the books in many states in the form of “loss recovery acts.” These centuries-old statutes allow a losing gambler to sue the winner and recover their losses. In many states, the statutes go one step further, allowing third parties to recover as much as three times the amount of the loss. While some statutes grant half the amount recovered to the state or local government, many permit the third party to retain the total amount recovered. These statutes,…
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Top 3 Takeaways from North American Gaming Regulators Association’s Annual Training
June 9, 2025
Top 3 Takeaways from North American Gaming Regulators Association’s Annual Training
By: Abbey Block
Last week, members of the gaming industry from all corners of the country traveled to Nashville, Tennessee to attend the North American Gaming Regulators Association’s (“NAGRA”) Annual Training and Education Conference. The conference featured panels and presentations from leaders in the gaming industry, including regulators, responsible gaming advocates, legislators, and technological experts. For many regulators, the NAGRA conference offers an opportunity to gain perspective regarding…
Ohio, the Grass is Greener: Neighboring States Set the Example in iGaming
June 6, 2025
Ohio, the Grass is Greener: Neighboring States Set the Example in iGaming
By: Jordan Briggs
Ohio has a budget problem. This is not an uncommon problem among states right now, but Ohio has the opportunity to fix it without the major cuts other states are considering by introducing a new vertical—online gaming (iGaming). Neighboring states Michigan and Pennsylvania introduced iGaming several years ago and have recently recognized record revenues. iGaming in Michigan generated $451.4 million in tax revenue and fees…
Terraform Labs Ruling Reels Back Ripple Enthusiasm
August 4, 2023
Terraform Labs Ruling Reels Back Ripple Enthusiasm
By: George Calhoun
The recent ruling in SEC v. Ripple Labs had the cryptocurrency industry standing tall. As we discussed recently, however, the Ripple ruling was less favorable – or at least less comprehensive – than it was being portrayed. Another ruling from the Southern District of New York – SEC v. Terraform Labs Pte.Ltd. and Do Hyeong Kwon – has further tapped the breaks on a major…
The Upside to the College Betting Scandals
July 21, 2023
The Upside to the College Betting Scandals
By: Steven Eichorn
In May 2023, several high-profile sports betting scandals involving collegiate athletic personnel, including both coaches and players, came to light, spawning discussions about the relationship between sports integrity and sports betting. Two months after those reports, NCAA President Charlie Baker indicated that the NCAA has found 175 infractions of its sports-betting and gambling policy since 2018, with an additional 17 ongoing investigations. On its surface,…
Ripple Decision Shakes Up US Crypto
July 14, 2023
Ripple Decision Shakes Up US Crypto
By: George Calhoun
In an apparent boon to the cryptocurrency and broader blockchain industries, a judge in the US District Court for Southern New York ruled on Thursday that Ripple Labs Inc. did not violate federal securities laws in the offering and sale of the XRP token on public exchanges, meaning that the token could be relisted on public U.S. exchanges. Indeed, Coinbase, the United States’ largest cryptocurrency…
Thinking of Starting Your Own DFS Company?
July 3, 2023
Thinking of Starting Your Own DFS Company?
By: Sara Dalsheim
The expansion of daily fantasy sports (“DFS”) is on the rise in the United States. As the country prepares for the 2023-24 NFL season, it is around this time we see new products come to the market. Unlike sports betting, launching a DFS product has less regulatory barriers. Although, there are a few key states with regulatory compliance requirements that new contest operators should keep…
Circuit Court for the District of D.C. Upholds Compact: What this Means for Sports Betting in Florida
June 30, 2023
Circuit Court for the District of D.C. Upholds Compact: What this Means for Sports Betting in Florida
By: Abbey Block
Today, the Court of Appeals for the D.C. Circuit issued a decision in West Flagler Associates, Ltd. v. Haaland, that will have meaningful implications for the future of online sports betting in Florida along with the interpretation of the Indian Gaming Regulatory Act (“IGRA”). By way of background, in the spring of 2021, the State of Florida and the Seminole Tribe announced a compact under IGRA purporting…
