Insights < BACK TO ALL INSIGHTS
Ifrah Law Secures Major Victory for iGaming Operators as Massachusetts Court Reinforces Arbitration Rights
FEATURED
October 8, 2026
Ifrah Law Secures Major Victory for iGaming Operators as Massachusetts Court Reinforces Arbitration Rights
By: John Mikuta
In a significant victory for iGaming operators, a Massachusetts trial court issued a sweeping decision reinforcing the enforceability of arbitration agreements against third-parties who seek to recover alleged gambling losses under Massachusetts law.[1] The ruling represents a major win for Ifrah Law’s iGaming clients and underscores Ifrah Law’s ability to navigate novel legal challenges, develop sophisticated strategies, and achieve meaningful results at a time when iGaming companies face increasingly aggressive and creative legal threats. Massachusetts, along with about 30 other states, has a “Loss Recovery Act” that allows a losing gambling to sue the winner and recover their losses. Like the statutes in several other states, if the gambling loser does not file a lawsuit within three months, a third…
CFTC Opens the Door for Passive Software Providers in Derivatives Markets
September 28, 2026
CFTC Opens the Door for Passive Software Providers in Derivatives Markets
By: John Mikuta
In a new no-action letter, the Commodity Futures Trading Commission (“CFTC”) recently opened the door for software developers building software to facilitate trading in derivatives and futures. The CFTC’s Market Participants Division (“MPD”) issued a no-action position providing that it would not recommend bringing an enforcement action against a “passive software provider,” or “PSP”, for failing to register as an introducing broker (“IB”) or associated…
Trust the Future You Trade: Lessons About Prediction Market Surveillance from the DACOM Summit
September 23, 2026
Trust the Future You Trade: Lessons About Prediction Market Surveillance from the DACOM Summit
By: John Mikuta
Prediction markets are no longer a niche offering confined to a small corner of the internet. The rapid growth of prediction markets has launched them into the mainstream as a meaningful part of the financial ecosystem. But with that growth comes many of the same market integrity and compliance challenges that more traditional financial markets have long encountered. Prediction markets have faced public scrutiny over…
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…
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…
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,…
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…
Fantasy Sports Passes the Test: New York High Court Rules Fantasy Sports Are Legal
March 22, 2022
Fantasy Sports Passes the Test: New York High Court Rules Fantasy Sports Are Legal
By: Steven Eichorn
In the lull of a midweek break from March Madness, New York’s highest court made noise Tuesday when it finally handed down its fantasy sports ruling, confirming that fantasy sports contests are legal in the state. Fantasy sports players might not have even noticed it was a question: Tens of millions of people play fantasy sports in the United States and Canada alone, and the…
