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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But today I am still just a Bill

October 22, 2018

But today I am still just a Bill

By: James Trusty

By all accounts, a bill for legalized sports betting in D.C. (“The Sports Wagering Lottery Amendment Act of 2018”) was well-received last week by the City Council, but the byzantine process by which it might become a law leaves plenty of opportunities for mischief.  On Wednesday, Councilman Jack Evans introduced legislation with the support of Mayor Bowser and co-sponsorship of five other councilmembers, and with…

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Is the Daily Fantasy Sports Showdown in Texas Just for Show?

September 17, 2018

Is the Daily Fantasy Sports Showdown in Texas Just for Show?

By: Ifrah Law

It’s a showdown in Texas over the legality of daily fantasy sports (“DFS”) contests under Texas law. But it’s a showdown only for show, it seems. The drama over the legality of DFS in Texas began on January 19, 2016, when Texas Attorney General Ken Paxton unilaterally issued an opinion letter declaring fantasy sports illegal within the state. The fallout from this opinion was swift….

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Who Needs a License for Online Sports Betting and Gaming in New Jersey?

September 6, 2018

Who Needs a License for Online Sports Betting and Gaming in New Jersey?

By: Steven Eichorn

With online sports betting and gaming now legal in New Jersey, many businesses are seeking to jump into this flourishing industry. However, the regulations require that any company seeking to offer this kind of entertainment be associated with a land-based casino in the state, and that kind of association requires a specific legal status. Companies seeking to do business with a New Jersey casino need…

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A Guide To Getting A Legal Online Gaming License

August 29, 2018

A Guide To Getting A Legal Online Gaming License

By: Ifrah Law

Now that states have the right to decide whether to allow sports betting within their borders, the floodgates have opened: numerous states are passing bills so that this form of entertainment can start generating revenue within their borders. Because many consumers will want to engage in this kind of online gaming on their mobile devices, some forward-thinking jurisdictions have specifically included mobile sports betting in…

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Why We Won’t See A Federal Sports Betting Bill Soon

July 30, 2018

Why We Won’t See A Federal Sports Betting Bill Soon

By: Ifrah Law

Following the Supreme Court decision to overturn The Professional and Amateur Sports Protection Act (PASPA) in Murphy v. NCAA, in June Delaware became the first state to take advantage of the new ruling. Delaware governor John Carney placed the state’s first legal single-game bet: $10 on the Philadelphia Phillies in their game against the Chicago Cubs, and within 24 hours, Delaware drew more than $322,000…

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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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