Horses, Casinos, and Prediction Markets – Old & New in Saratoga Springs

Horses, Casinos, and Prediction Markets – Old & New in Saratoga Springs

August 22, 2025

Horses, Casinos, and Prediction Markets – Old & New in Saratoga Springs

By: Michelle Cohen

Last week, I moderated a panel on the sizzling topic of prediction markets at the annual Racing and Gaming Conference at Saratoga. This conference brings together legislators, regulators, and industry professionals from a wide range of organizations in the gaming ecosphere – from horse trainers, to representatives of game suppliers and sports betting companies. It is a conference where the “old” (horse racing) and the “new” (i-Gaming and other online operations such as skill games and sweepstakes) converge. So what’s new in the “traditional” world of horse racing?  Panelists shared insights into the challenges faced at our nation’s horse tracks, including staffing the tracks in light of changes in immigration policies. One panel focused on off-track betting as a possible…

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Real Experience. Real Results.

Stories of successfully resolved iGaming client issues and challenges.

Gambling Industry Takes on Addiction Prevention

July 28, 2025

Gambling Industry Takes on Addiction Prevention

By: Jordan Briggs

Last week, the National Council on Problem Gambling hosted advocates, regulators, counselors, and other industry participants in Columbus, Ohio for the National Conference on Gambling Addiction & Responsible Gambling 2025. With such a broad range of attendees, the conference offered many unique sessions geared towards different industry groups, including wellness sessions and recovery meetings alongside the overviews of ongoing, broad research and the operator-specific talks…

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FAIR Treatment of Lost Bets

July 25, 2025

FAIR Treatment of Lost Bets

By: Avner Kronisch

Introduction On July 7, 2025, Representatives Dina Titus (D-NV) and Ro Khanna (D-CA) introduced H.R. 4304, the Fair Accounting for Income Realized from Betting Earnings Taxation Act, commonly known as the FAIR Bet Act.[1] Two days later, Senators Catherine Cortez Masto (D-NV),  Jacky Rosen (D-NV), and Ted Cruz (R-TX) introduced the Senate companion bill, S. 2230, titled Facilitating Useful Loss Limitations to Help Our Unique…

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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

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 relationship with regulators. As a significant part of the SEC’s…

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How Regulated Sportsbooks Can Ensure Sports Integrity: A Case Study from the Recent UFC Scandal

January 2, 2023

How Regulated Sportsbooks Can Ensure Sports Integrity: A Case Study from the Recent UFC Scandal

By: Jake Gray

In the four years since the Supreme Court struck down the federal law prohibiting state-regulated sports betting in Murphy v. NCAA (2018), more than 30 states have legalized and are regulating sports betting in some capacity. Indeed, since the ruling, the nascent US sports betting industry enjoys rapid growth, especially in states where retail, mobile, and online betting platforms are permitted for consumers. For example,…

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Florida Sports Betting Opponents and Government Stakeholders Head to Oral Argument in Federal Appellate Court

December 15, 2022

Florida Sports Betting Opponents and Government Stakeholders Head to Oral Argument in Federal Appellate Court

By: Jacob Grubman

This week’s oral argument in West Flagler Associates, Ltd. v. Haaland is the latest step in the dispute over whether the State of Florida and the Seminole Tribe of Florida can offer online sports betting throughout the state and not just on tribal land.

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Massachusetts Lessens Licensing Burden on Marketing Affiliates… For Now

December 1, 2022

Massachusetts Lessens Licensing Burden on Marketing Affiliates… For Now

By: Sara Dalsheim

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 that the MGC, at least temporarily, lessen the licensing requirements…

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Four States Coordinate Against Metaverse Casino’s NFT Sales

October 25, 2022

Four States Coordinate Against Metaverse Casino’s NFT Sales

By: Jake Gray

On Thursday, October 20th, state securities regulators from Alabama, Kentucky, New Jersey, and Texas filed coordinated enforcement actions to stop sales of non-fungible tokens (“NFTs”) by an organization in the country of Georgia. The actions accuse Slotie NFT (“Slotie”) of “illegally and fraudulently selling NFTs to raise capital relating to gaming in online and metaverse casinos” in like manner to the offer and sale of…

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Articles and Presentations by Our Firm Attorneys

Horses, Casinos, and Prediction Markets – Old & New in Saratoga Springs

Horses, Casinos, and Prediction Markets – Old & New in Saratoga Springs
By: Michelle Cohen

Gambling Industry Takes on Addiction Prevention

Gambling Industry Takes on Addiction Prevention
By: Jordan Briggs

FAIR Treatment of Lost Bets

FAIR Treatment of Lost Bets
By: Avner Kronisch

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