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Lessons from the Restructuring of an Online Sports Betting Company
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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…
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…
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…
Twitch Bans Casino Game Links in First Step Toward Improved Regulation of Gambling Content
August 13, 2021
Twitch Bans Casino Game Links in First Step Toward Improved Regulation of Gambling Content
By: Jacob Grubman
Video game streaming platform Twitch has issued a new rule prohibiting the sharing of links and referral codes to sites offering certain casino games, signaling an increased focus on a gambling streaming market that had caught fire in recent months. “To prevent harm and scams created by questionable gambling services that sponsor content on Twitch, we will prohibit sharing links and/or referral codes to sites…
How does a Supplier Register to Participate in CT iGaming and Sports Betting?
July 15, 2021
How does a Supplier Register to Participate in CT iGaming and Sports Betting?
By: Sara Dalsheim
Connecticut legalized sports betting this year and is hoping to launch in time for the 2021 NFL season. However, the registration process for operators and suppliers has yet to be set forth. The focus in Connecticut is largely on licensing fantasy operators in time for the 2021 NFL season. As a result of protests from players in the fantasy sports industry, Connecticut lawmakers added a…
Did the Supreme Court Just Clear the Way for Student Athletes to Promote Sports Betting?
June 24, 2021
Did the Supreme Court Just Clear the Way for Student Athletes to Promote Sports Betting?
By: Sara Dalsheim
The Supreme Court’s recent ruling in NCAA v. Alston, et al. could be the catalyst that transforms the NCAA’s student athlete regulation of the benefits/compensation provided to college athletes. The Court, in a decision written by Justice Neil Gorsuch, upheld the lower courts’ ruling that the NCAA violates antitrust laws by placing limits on the education-related benefits schools can offer to their athletes. Colleges and…
NJ Gaming Chief: “It’s a Wonderful World to Be an iGaming Operator”
June 11, 2021
NJ Gaming Chief: “It’s a Wonderful World to Be an iGaming Operator”
By: Jacob Grubman
With a new bill authorizing online gaming in New Jersey for the first time in 2013, Department of Gaming Enforcement Director David Rebuck and his staff went looking for ways to assuage industry concerns that online firms would “cannibalize” business from the already-struggling retail operations in Atlantic City. “It was going to cannibalize it, intuitively: ‘We’re going to lose people; they’re not going to come…
Will New Jersey be the center of the Esports Universe? According to the Head of the NJ Division of Gaming Enforcement, that’s the goal
May 26, 2021
Will New Jersey be the center of the Esports Universe? According to the Head of the NJ Division of Gaming Enforcement, that’s the goal
By: Nicole Kardell
The EGR’s East Coast Virtual Briefing 2021, took place May 26, 2021 with a packed agenda, including revealing the winner of the Ifrah Pitch Competition. We wanted to provide some highlights on developments in esports as a gambling vertical. Esports was the focus of a Q&A session hosted by Chris Grove, a partner at Eilers & Krejcik Gaming. Grove interviewed the director of New Jersey…
