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Maryland’s Ever-Changing Gaming Landscape: Evolution, Adaptation, and Legal Tension
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March 23, 2026
Maryland’s Ever-Changing Gaming Landscape: Evolution, Adaptation, and Legal Tension
By: Abbey Block
Maryland’s Ever-Changing Gaming Landscape: Evolution, Adaptation, and Legal Tension Earlier this month I had the opportunity to attend the 3rd annual Town Hall Meeting, hosted by Morgan State University’s Center for Data Analytics and Sports Gaming Research and National Council of Legislators from Gaming States and participate in a lively discussion about the ever-changing face of gambling. Our panel covered the latest and greatest developments in the gaming industry, including prediction markets, sweepstakes, and iGaming, with particular attention to the way in which the developments in these areas are impacting Maryland’s gaming industry. In case you couldn’t attend, below are the highlights of the discussion. Prediction Markets – The Latest Model Under the Spotlight To understand why prediction markets have…
Major League Development: CFTC and MLB Agree to Monitor the Integrity of Prediction Markets
March 19, 2026
Major League Development: CFTC and MLB Agree to Monitor the Integrity of Prediction Markets
By: John Mikuta
In a watershed moment for the prediction market industry, the Commodity Futures Trading Commission (“CFTC”) signed a Memorandum of Understanding (“MOU”) with Major League Baseball (“MLB”) today. According to the CFTC’s press release, the groundbreaking agreement “establishes a framework for the CFTC and MLB to discuss, cooperate, and exchange information concerning issues of common interest including protecting the integrity of professional baseball and the relating…
Jim Trusty on Smart Legal Moves for Clients Under Pressure
March 18, 2026
Jim Trusty on Smart Legal Moves for Clients Under Pressure
By: Ifrah Law
A veteran federal prosecutor and formidable white-collar litigator, Jim Trusty clears a lane for clients facing a gauntlet of criminal charges, civil actions, investigations, and regulatory proceedings. From professional athletes facing sports wagering accusations or indictments, to gaming companies and executives involved in regulatory or white-collar matters, clients rely on Jim’s legal strategy, political savvy, and prosecutorial insights when the stakes are highest. Protecting iGaming…
The Rise of Legalized Sports Gambling: Michelle Cohen Moderates NYU Sports Law Colloquium Panel
March 9, 2022
The Rise of Legalized Sports Gambling: Michelle Cohen Moderates NYU Sports Law Colloquium Panel
By: Jake Gray
In less than four years since the Supreme Court struck down the federal ban on sports betting, thirty states have legalized sports betting with more expected to come in the near future. The proliferation of betting across the country gave rise to a host of questions addressed at the NYU Sports Law Association’s 11th Annual Sports Law Colloquium, where Ifrah Law partner Michelle Cohen hosted…
Ifrah on NFTs: New iGaming Tokens Raise Novel Securities Questions
February 25, 2022
Ifrah on NFTs: New iGaming Tokens Raise Novel Securities Questions
By: Jacob Grubman
Non-fungible tokens (“NFTs”) are becoming increasingly prominent in the broader blockchain and cryptocurrency market, as new projects rush to incentivize buyers with offerings of “unmatched benefits.” These utilities, however, do not come without potential legal drawbacks. In the first article of this series, we covered the basics of NFTs—unique virtual items recorded with immutable characteristics on the blockchain. We also introduced the concept of Utility…
NFL Ratings Rise With Expansion Of Legal Sports Betting
February 18, 2022
NFL Ratings Rise With Expansion Of Legal Sports Betting
By: Jacob Grubman
With Super Bowl LVI two days away, the relationship between sports betting and fan engagement has never been clearer. In 2021 alone, 11 states either legalized or launched sports betting in some form, with seven going online at or near the start of the NFL season. And the developments have gone both ways: In April of last year, the NFL announced three new “Official Sportsbook Partners,” with…
Ifrah Law on NFTs: Blockchain Gaming and Gambling Compliance
February 9, 2022
Ifrah Law on NFTs: Blockchain Gaming and Gambling Compliance
By: Jake Gray
In the first article of this series, we covered the basics of non-fungible tokens (“NFTs”)—unique virtual items recorded with immutable characteristics on the blockchain. We also introduced the concept of Utility NFTs, which are NFTs that serve some function beyond their value as collectibles. Part II in our series highlights newly developing applications of Utility NFTs in the online gaming space, with a focus on…
Ifrah Law on NFTs: What is an NFT?
February 7, 2022
Ifrah Law on NFTs: What is an NFT?
By: Jake Gray
It would be hard to over-exaggerate the hype that has grown around non-fungible tokens (“NFTs”) over the past year as a result of the meteoric rise of Bitcoin, cryptocurrencies, and other blockchain-based technologies. NFT sales skyrocketed in 2021 to $25 billion, a colossal increase from $94.9 million in 2020. [1] And the number of unique cryptocurrency wallets trading NFTs rose from 545,000 in 2020 to…
