Insights < BACK TO ALL INSIGHTS
Cold Water on Insider Trading Fears: Prediction Markets Miss the 2026 NFL Draft
FEATURED
April 29, 2026
Cold Water on Insider Trading Fears: Prediction Markets Miss the 2026 NFL Draft
By: John Mikuta
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 and prediction-market platforms allowed customers to risk money predicting which player would be selected first, how many quarterbacks would be chosen, and when particular players would come off the board.[2] NFL Draft betting took off in 2020, when COVID-19-related shutdowns brought most sports to a grinding halt. Until then, a typical draft garnered only about $1 million in wagers. The 2020 NFL Draft, however, saw…
After Ciminelli: Are the Feds Betting Too Big on Wire Fraud?
April 23, 2026
After Ciminelli: Are the Feds Betting Too Big on Wire Fraud?
By: Abbey Block
Can a technical violation of a website’s terms and conditions constitute a violation of the federal wire fraud statute? A federal court will soon decide just how broadly the statute may sweep, and whether all such forms of potentially dishonest conduct are subject to such stringent criminalization. On Monday, all eyes will be on the District Court for the Eastern District of New York when…
The Cost of Moving Too Fast: Is Your Company Really Ready to Apply for a US Gaming License?
April 21, 2026
The Cost of Moving Too Fast: Is Your Company Really Ready to Apply for a US Gaming License?
By: Amanda Holi
The allure of the US gaming and gambling market is undeniable. As more states legalize sports betting and online gaming, it seems full of possibilities. But as someone who navigates these regulatory waters daily, I often have to ask new clients a tough question: Is your company actually prepared to apply for a US gaming license? Entering the US isn’t just about having a great…
A Cautionary Tale Courtesy of Fortnite
September 21, 2023
A Cautionary Tale Courtesy of Fortnite
By: Steven Eichorn
A fast-growing segment of online gaming is the in-game purchase on (sometimes free) games/apps in exchange for virtual items. The virtual items can be mere cosmetic game enhancements, features that increase a player’s likelihood of success, and many other options. Because these virtual items are purchased with real world funds, companies must be vigilant in employing good practices such as clear and conspicuous disclosures of…
Navigating the High-Stakes World of Online Gaming Advertising: Policies, Permissions, and Enforcement
August 28, 2023
Navigating the High-Stakes World of Online Gaming Advertising: Policies, Permissions, and Enforcement
By: Sara Dalsheim
A top concern of online gaming regulators is the control and dissemination of advertising. In connection with these concerns sites like Meta, X (formerly known and commonly referred to as Twitter), and Google have released online gambling advertising policies and requirements. To run online gambling and gaming advertising on Meta / Facebook users are required to obtain written permission to promote online gambling and gaming.[1]…
G2E 2023: Outlook and Trends
August 16, 2023
G2E 2023: Outlook and Trends
By: Steven Eichorn
This year’s G2E (the premier gaming conference in North America), held annually in Las Vegas, Nevada (October 9-11, 2023 this year) is shaping up to once again be the premier conference for the gaming industry. The expected number of worldwide attendees from the global gaming industry is over 25,000 and it promises to once again bring together the entire gaming industry under one roof. It…
NCLGS Provides Clarity on their Responsible Gaming and Problem Gambling Resolution
August 8, 2023
NCLGS Provides Clarity on their Responsible Gaming and Problem Gambling Resolution
By: Sara Dalsheim
This past July the National Council of Legislators From Gaming States (NCLGS) Summer Meeting took place in Denver, Colorado. The Meeting occurs twice a year and brings together state legislators, regulators, attorneys, and industry representatives to discuss and confer on developments within the gaming industry. Throughout the Meeting there was an emphasis on responsible gaming and combatting problem gambling. During the first full day of…
Come on Barbie, Let’s go Gamble: Is gambling advertising allowed in a Barbie world?
August 7, 2023
Come on Barbie, Let’s go Gamble: Is gambling advertising allowed in a Barbie world?
By: Abbey Block
By now, you’ve probably heard that the film Barbie has been a smash hit. Since opening on July 21, 2023, the film has drawn in huge audiences and earned hundreds of millions of dollars. Much of the film’s success has been attributed to a diligent and far-reaching marketing campaign. The film has partnered with several widely known brands such as Target, Airbnb, Burger King, and…
