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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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…

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Legalized Online and Retail Sports Betting on its Way to Maine

April 26, 2022

Legalized Online and Retail Sports Betting on its Way to Maine

By: Sara Dalsheim

This week, Maine’s state House and Senate both approved a bill that would legalize online and retail sports betting.  The legislation provides the state’s four federally recognized Indian tribes with a monopoly on mobile sports betting rights.  The state’s two casinos, the Oxford Casino and the Hollywood Casino and Raceway in Bangor have the ability, under the legislation, to offer an in-person sportsbook.  The bill…

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Pennsylvania Finally Drops Under 5% Shareholder Licensee Registration Requirement

April 25, 2022

Pennsylvania Finally Drops Under 5% Shareholder Licensee Registration Requirement

By: Steven Eichorn

The Pennsylvania Gaming Control Board (Board) issued a letter to enact a policy change to raise the ownership interest threshold from one percent to five percent for ownership interests held in privately-owned entities. This immediately impacts the licensing requirements of “principal” applications in Pennsylvania and is effective for both existing licensees (or pending applications) and to future applicants. Who Does This Apply To? Further, it…

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State Securities Regulators Intervene In Virtual Casino NFT Sales

April 18, 2022

State Securities Regulators Intervene In Virtual Casino NFT Sales

By: Jake Gray

State regulators in three states took the first steps in regulating non-fungible tokens (“NFTs”) as securities, issuing cease-and-desist orders against the online casino developer Sand Vegas Casino Club (“Sand Vegas”) and its co-founders for allegedly offering unregistered securities and violating various other securities-related regulations. As we have written, NFTs use smart contracts to offer holders novel functionality, like granting them access to certain services, events,…

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ADA Accessibility Guidance for the iGaming Industry

April 5, 2022

ADA Accessibility Guidance for the iGaming Industry

By: Jake Gray

The broader gambling industry is transitioning into an increasingly online and mobile-based industry. Proliferation and popularity of online and mobile sports betting have evinced a burgeoning consumer demand for web-based gaming options. As the internet gaming (“iGaming”) market expands, gaming companies need to follow the Department of Justice’s (“DOJ”) new Guidance on web accessibility under the Americans with Disabilities Act (“ADA”) to ensure customers’ adequate…

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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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