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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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When Sports Bettors Win, So Does the IRS

October 7, 2024

When Sports Bettors Win, So Does the IRS

By: Ifrah Law

Sports betting and adjacent industries have exploded in the United States.  One area that continues to cause confusion is the taxation of these businesses – both for the companies and the individual players. For individual bettors, the IRS has clear rules on gambling income that predate the recent explosion of the sports betting industry. In short, the proceeds from a successful sports wager are taxable…

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Illinois Expanding Regulations over Gaming Ads

October 2, 2024

Illinois Expanding Regulations over Gaming Ads

By: Jordan Briggs

The Illinois Gaming Board (“IGB”) adopted a new proposed uniform advertising regulation for sports wagering, casino gambling, and video gaming operators at its September meeting. Sports wagering is already subject to certain advertising and marketing restrictions, captured in “Rule 340.”[1] IGB proposed amendments to strengthen Rule 340 for sports wagering, and, for the first time, proposed to extend Rule 340 to casino gambling and video…

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Maryland Regulators Pick Away at Latest Fantasy Offerings

September 6, 2024

Maryland Regulators Pick Away at Latest Fantasy Offerings

By: Robert Ward

On August 29, just as football fans were gearing up for the 2024-2025 NFL season, the Maryland State Lottery and Gaming Control Agency issued a new round of proposed regulations for both sports betting and daily fantasy sports. The proposed sports betting regulations address a wide range of topics, from geolocation and multifactor authentication to wind-down procedures for sportsbooks.[1] The proposed daily fantasy sports regulations,…

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New Sports Betting Options as NFL Season Takes Off

August 27, 2024

New Sports Betting Options as NFL Season Takes Off

By: Jake Gray

The 2024-2025 NFL season is fast approaching—kickoff is set for Thursday night, September 5th, between the Baltimore Ravens and Kansas City Chiefs in which MVP quarterbacks Lamar Jackson and Patrick Mahomes will duel it out for the fifth time. This is their first matchup since the Chiefs knocked the Ravens out of the playoffs in the AFC Championship Game for the chance to play in…

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Too Late to Get Licensed for the 2024 NFL Season?

August 22, 2024

Too Late to Get Licensed for the 2024 NFL Season?

By: Sara Dalsheim

Each NFL season, as more states join the legalized sports betting market, there are record-breaking numbers in wagering related revenue. Along with the rise in the number of states and revenues, there are more vendors and suppliers eager to work with and offer their products/services to the sports wagering operators. However, what these vendors may not realize are the regulatory barriers at play in such…

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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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