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Prediction Markets at a Crossroads: Licensing, Compliance, and Future(s)

Prediction Markets at a Crossroads: Licensing, Compliance, and Future(s)

October 20, 2026

Prediction Markets at a Crossroads: Licensing, Compliance, and Future(s)

By: Kyra Pulliam

Last week I had the honor of attending the inaugural PREDICT Conference hosted by DealFlow Events in New York City. This event should not be confused with the NEXTPredict Summit, taking place October 22-23, or Predict 2026, scheduled for December 7-9, both of which will also be held in New York. If the growing number of prediction market conferences borders on excessive, it is easy to understand why: Prediction markets are the current hot topic as a novel industry with the potential to generate revenues rivaling, if not exceeding, traditional i-gaming products. Of course, that potential all depends on which way the legal winds blow. Much of the current discourse focuses on whether the Supreme Court will grant certiorari in…

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Problem Gaming or Problem Industry Players?

October 14, 2026

Problem Gaming or Problem Industry Players?

By: Michelle Cohen

Over the summer, I attended the National Council on Problem Gambling’s (“NCPG”) annual conference in Nashville. NCPG is the nation’s leading nonprofit organization dedicated to reducing the harms associated with problem gambling. NCPG is a membership-supported organization whose members include major gaming companies, professional sports leagues, nonprofit organizations, and state government regulatory agencies. In Nashville, I learned from various stakeholders, including doctors, therapists, and individuals…

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Sara Dalsheim on Successful Licensing, Marketing and Regulatory Strategies for iGaming Clients

October 12, 2026

Sara Dalsheim on Successful Licensing, Marketing and Regulatory Strategies for iGaming Clients

By: Ifrah Law

For businesses competing in the rapidly evolving iGaming industry, it is a huge advantage to have a lawyer who knows the game and has an intense desire to win. Sara Dalsheim combines her life-long passion for sports with diverse experience in sports betting and iGaming law. She is adept at guiding clients through regulatory and licensing processes, negotiating agreements, and structuring business partnerships that seek…

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“The Devil Made Me Bet It” – the Third Circuit Considers Arguments in Bettor’s Case Against Casino

December 16, 2024

“The Devil Made Me Bet It” – the Third Circuit Considers Arguments in Bettor’s Case Against Casino

By: Abbey Block

Can a casino be held liable for encouraging its patrons to gamble, particularly when those patrons exhibit signs of problem gambling? That is the question the Third Circuit Court of Appeals was left to contemplate following oral arguments in the case of Antar v. The Borgata Hotel Casino and Spa, LLC et al., which took place last week.[1] The plaintiff in the case, Sam Antar,…

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Missouri Votes for Legalized Online and Retail Sports Betting

November 6, 2024

Missouri Votes for Legalized Online and Retail Sports Betting

By: Sara Dalsheim

Yesterday, the citizens of Missouri voted in favor of Amendment 2 to legalize online and retail sports betting by a small margin of under 7,500 votes.  Missouri is now set to be the 39th state to legalize sports betting. Under the amendment, the retail and online sports wagering rights were granted to Missouri casinos and professional sports teams, each with the right to have one…

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A Modest Proposal to Reduce AI Liability: Add Warnings

November 4, 2024

A Modest Proposal to Reduce AI Liability: Add Warnings

By: Abbey Block

CONTENT WARNING:  This blog includes discussion of suicide.[1] Imaginary friends are a common staple of childhood. Indeed, many children invoke the companionship of imaginary friends – relying on their creativity and imagination for entertainment and friendship. However, nowadays, young people no longer need to rely solely on their own creativity to conjure up a fictional companion. Rather, generative artificial intelligence (“AI”) programs such as Character.AI…

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CFTC “Special Rule” Interpretation Led to an October Surprise

October 23, 2024

CFTC “Special Rule” Interpretation Led to an October Surprise

By: Robert Ward

On October 2, 2024, the Court of Appeals for the District of Columbia Circuit issued a decision that permitted KalshiEx LLC (“Kalshi”) to legally offer election contracts, which allow buyers to put down money based on their predictions as to party control of Congress and presidential election results.[1]  This decision, and the district court decision that the Commodity Futures Trading Commission (“CFTC”) sought to stay,…

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SAFEly symbolic?

October 14, 2024

SAFEly symbolic?

By: Sara Dalsheim

Last month two U.S. lawmakers, Rep. Paul Tonko D-N.Y. and Sen. Richard Blumenthal, D-Conn., introduced the Supporting Affordability and Fairness with Every Bet Act (i.e., the SAFE Bet Act).[1] The Act sought to implement federal minimum standards for all sports betting operators throughout the United States. The lawmakers seemingly put forth the bill because of concerns that citizens are being subject to too many sports…

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Articles and Presentations by Our Firm Attorneys

Prediction Markets at a Crossroads: Licensing, Compliance, and Future(s)

Prediction Markets at a Crossroads: Licensing, Compliance, and Future(s)
By: Kyra Pulliam

Problem Gaming or Problem Industry Players?

Problem Gaming or Problem Industry Players?
By: Michelle Cohen

Sara Dalsheim on Successful Licensing, Marketing and Regulatory Strategies for iGaming Clients

Sara Dalsheim on Successful Licensing, Marketing and Regulatory Strategies for iGaming Clients
By: Ifrah Law

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