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Gambling Industry Takes on Addiction Prevention
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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 on emerging customer service tools. I was fortunate enough to attend the conference, where I heard moving first-hand accounts and summaries of large-scale research across the country, both of which can be used to inform best practice recommendations in the gaming industry. Responsible Gaming is Not Only for Problem Gamblers Speakers and panelists often first…
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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…
Reviving the Statute of Anne: Should Lawyers Mine Centuries-Old Statutes for Profit?
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…
Responsible Financial Innovation Act Proposal To Bolster CFTC Authority Over Crypto-Industry
July 8, 2022
Responsible Financial Innovation Act Proposal To Bolster CFTC Authority Over Crypto-Industry
By: Jake Gray
Bipartisan legislation introduced in the Senate last month would mark the federal government’s first foray into cryptocurrency regulation, and it could be a welcome development as the industry navigates a period of regulatory and commercial uncertainty. On June 7, 2022, Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) introduced the Responsible Financial Innovation Act (“RFIA”) in the Senate, which aims to establish a comprehensive regulatory…
Legality of an All-Encompassing U.S. Sports Betting Advertising Strategy
June 21, 2022
Legality of an All-Encompassing U.S. Sports Betting Advertising Strategy
By: Sara Dalsheim
As the legality of online sports wagering grows, so too does the level of advertising for such activities across the United States. The biggest commodity for sports wagering operators is their market share, gained through growing a loyal customer base of wagers who continue to place wagers on their platform. In order to increase their customer base, sports wagering operators are turning to advertisements of…
Deposit Method Standards and Cryptocurrency in Regulated iGaming and Sports Betting Industries
June 13, 2022
Deposit Method Standards and Cryptocurrency in Regulated iGaming and Sports Betting Industries
By: Jake Gray
Despite being the most widespread form of non-fiat money, cryptocurrency has struggled to gain traction as a broader means of exchange and payment, including in the internet gaming (“iGaming”) and sports betting industries. While there are no industry-wide standards for acceptable deposit methods, gaming regulators have tended toward two approaches, neither of which explicitly permits the use of cryptocurrency. Gaming regulators in the United States…
Kansas is Anticipated to be Next for Legalized Sports Betting
May 4, 2022
Kansas is Anticipated to be Next for Legalized Sports Betting
By: Sara Dalsheim
As part of a rumored effort to lure the Kansas City Chiefs to move their stadium to the state of Kansas, late on April 28th, 2022, and extending into the earliest hours on the 29th, Kansas state lawmakers voted in favor of a bill to legalize mobile and retail sports betting. Now, the bill is headed to Governor Laura Kelly’s desk for signature. Gov. Kelly…
NCAA Allows Data Distribution Deals to Sportsbooks
April 29, 2022
NCAA Allows Data Distribution Deals to Sportsbooks
By: Jake Gray
The National College Athletic Association (“NCAA”) relaxed its long-established opposition to sports betting this Wednesday in a decision that will allow for the sale of data to sportsbooks. The decision comes in the same week that NCAA president Mark Emmert agreed to leave his role in the middle of his contract once a new president is named, a move which will allow the NCAA to…