Lessons from the Restructuring of an Online Sports Betting Company

Lessons from the Restructuring of an Online Sports Betting Company

June 12, 2026

Lessons from the Restructuring of an Online Sports Betting Company

By: George Calhoun

The U.S. has seen numerous casino bankruptcies, including, most recently, Maverick Gaming in July 2025. What it has not seen, until now, is the bankruptcy of an online sportsbook. Previously, when companies exited a state, they cut deals with as many creditors as possible and just left the state (or the United States). Examples of this in recent years include Betfred, Betway, Unibet, and in some states WynnBet. Because some of the failed online offerings were the products of established land-based operators, they typically cut deals and pulled out of markets without formal restructuring proceedings. What has not happened on any real scale is the bankruptcy and sale of assets of an operating sportsbook. OTG changed that. OTG filed a…

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CFTC Predicting Litigation Success over Multiple State

June 8, 2026

CFTC Predicting Litigation Success over Multiple State

By: John Mikuta

Through recent litigation actions, the Commodity Futures Trading Commission (“CFTC”) continues to stake out an aggressive position in the fight over who has the authority to regulate prediction markets. On May 18, 2026, Minnesota Gov. Tim Walz signed into law SF 4760, an omnibus public safety bill that made it a felony to operate or assist in operating a prediction market.[1]  The next day, the…

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Michelle Cohen on iGaming Marketing: Five Critical Steps When Regulators Call

May 26, 2026

Michelle Cohen on iGaming Marketing: Five Critical Steps When Regulators Call

By: Ifrah Law

Michelle Cohen guides and defends Ifrah Law’s iGaming clients when government agencies launch enforcement actions alleging unlawful gambling, advertising, and marketing practices. Michelle has decades of experience advising and defending organizations facing these and other claims related to consumer protections and privacy. When faced with cease-and-desist orders and costly litigations, Michelle’s clients count on her credibility, diligence, and deep knowledge of iGaming advertising and consumer…

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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]…

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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…

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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…

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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…

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Terraform Labs Ruling Reels Back Ripple Enthusiasm

August 4, 2023

Terraform Labs Ruling Reels Back Ripple Enthusiasm

By: George Calhoun

The recent ruling in SEC v. Ripple Labs had the cryptocurrency industry standing tall.  As we discussed recently, however, the Ripple ruling was less favorable – or at least less comprehensive – than it was being portrayed. Another ruling from the Southern District of New York – SEC v. Terraform Labs Pte.Ltd. and Do Hyeong Kwon – has further tapped the breaks on a major…

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Articles and Presentations by Our Firm Attorneys

Lessons from the Restructuring of an Online Sports Betting Company

Lessons from the Restructuring of an Online Sports Betting Company
By: George Calhoun

CFTC Predicting Litigation Success over Multiple State

CFTC Predicting Litigation Success over Multiple State
By: John Mikuta

Michelle Cohen on iGaming Marketing: Five Critical Steps When Regulators Call

Michelle Cohen on iGaming Marketing: Five Critical Steps When Regulators Call
By: Ifrah Law

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