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Maryland Regulators Pick Away at Latest Fantasy Offerings
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September 10, 2024
Maryland Regulators Pick Away at Latest Fantasy Offerings
By: Robert Ward
On August 29, just as football fans were gearing up for the 2024-2025 NFL season, the Maryland State Lottery and Gaming Control Agency issued a new round of proposed regulations for both sports betting and daily fantasy sports. The proposed sports betting regulations address a wide range of topics, from geolocation and multifactor authentication to wind-down procedures for sportsbooks.[1] The proposed daily fantasy sports regulations, on the other hand, appear to further cement the agency’s longstanding opposition to pick ‘em-style fantasy sports competitions, which have drawn scrutiny from regulators across the country.[2] Pick ‘em-style contests differ from “traditional” fantasy sports contests. In traditional fantasy sports, players compete against others by drafting a lineup of athletes, subject to a salary cap,…
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New Sports Betting Options as NFL Season Takes Off
August 27, 2024
New Sports Betting Options as NFL Season Takes Off
By: Jake Gray
The 2024-2025 NFL season is fast approaching—kickoff is set for Thursday night, September 5th, between the Baltimore Ravens and Kansas City Chiefs in which MVP quarterbacks Lamar Jackson and Patrick Mahomes will duel it out for the fifth time. This is their first matchup since the Chiefs knocked the Ravens out of the playoffs in the AFC Championship Game for the chance to play in…
Too Late to Get Licensed for the 2024 NFL Season?
August 22, 2024
Too Late to Get Licensed for the 2024 NFL Season?
By: Sara Dalsheim
Each NFL season, as more states join the legalized sports betting market, there are record-breaking numbers in wagering related revenue. Along with the rise in the number of states and revenues, there are more vendors and suppliers eager to work with and offer their products/services to the sports wagering operators. However, what these vendors may not realize are the regulatory barriers at play in such…
Legal Sports Betting Arrives in The Centennial State
November 7, 2019
Legal Sports Betting Arrives in The Centennial State
By: Ifrah Law
Yesterday, Colorado voters narrowly approved a sports betting referendum, establishing Colorado as a sports betting leader in the Mountain West. The referendum was a long time coming, with the bill allowing the referendum to go forward having been passed last May. Signed by Governor Polis on May 29, House Bill 1327 placed a referendum on November’s ballot that would legalize sports betting at three existing…
NCAA Announces Groundbreaking Decision to Allow Compensation for College Athletes
October 30, 2019
NCAA Announces Groundbreaking Decision to Allow Compensation for College Athletes
By: Steven Eichorn
Yesterday, the NCAA Board of Governors unanimously voted to allow college athletes to receive some form of compensation.The permitted compensation is limited to “the opportunity to benefit from the use of their name, image, and likeness,” however, athletes will still not be permitted to receive compensation for their actual on-field play. To view the official NCAA Release, Click Here The concession to allow some form…
Google Advances the Ball for Online Gaming in the U.S., With a Boost from Sports Betting
October 23, 2019
Google Advances the Ball for Online Gaming in the U.S., With a Boost from Sports Betting
By: Nicole Kardell
Google is planning to unblock online casino advertisements in the regulated U.S. gambling market in early 2020, according to a . The lift on casino ads in markets where it is legalized and regulated should help the industry get traction, boost revenues, and pave the way for other states to come online. Importantly, it should also help offset the imbalance between (1) nascent legal, regulated…
Ifrah Law: 10 Years in the Online Gaming and Sports Betting Industry
October 17, 2019
Ifrah Law: 10 Years in the Online Gaming and Sports Betting Industry
By: Ifrah Law
As Ifrah Law celebrates its 10th anniversary this year, we are pleased with the recent legal breakthroughs that have the potential to bring online interactive gaming into the U.S. mainstream, where it can create jobs and offer a secure, exciting experience for adults nationwide. For our firm’s founder, Jeff Ifrah, a passion for advancing online gaming was kindled in 1999, when as a member of…
Ifrah Law’s “The Definitive Guide to Online Gaming and Betting in the U.S.” is Available for Download
October 8, 2019
Ifrah Law’s “The Definitive Guide to Online Gaming and Betting in the U.S.” is Available for Download
By: Jeff Ifrah
Complimentary eBook offers a comprehensive overview of the rapidly evolving U.S. online gaming and betting industry. “The Definitive Guide to Online Gaming and Betting in the U.S.” is now available – at no cost – as a downloadable eBook from Ifrah Law, which has been forging the legal framework for the online gaming industry for more than a decade. This concise but comprehensive Guide brings…