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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…
Betting on Transparency
March 10, 2020
Betting on Transparency
By: James Trusty
Professional sports leagues are struggling to take coherent and consistent positions on the emerging market for legalized sports betting. Commissioners are issuing edicts to their leagues about the danger gambling poses to their sport, but they are also beginning to officially partner with the gaming industry due to the promising bottom-line impact and growing acceptance of sports betting in general. Their wobbling between moral opposition…
For the Children! Seeking to Advance Special Interests Against Online Gaming Under the Guise of Child Welfare
March 9, 2020
For the Children! Seeking to Advance Special Interests Against Online Gaming Under the Guise of Child Welfare
By: Nicole Kardell
Want an example of legislative redundancy? Here’s a good one: “The Prevention of Deceptive or Child-Targeted Advertising in Violation of the Unlawful Internet Gambling Enforcement Act.” It’s proposed legislation seeking to justify new legislation to make that which is illegal… illegaler? Or, want an example of legislation that uses children’s welfare as a pretense to achieve some outside goal with less public appeal? You can…
“What are we supposed to do? Call the cops? It’s already out there!”: Recent MGM hack exemplifies the uncontainable results of a data breach
February 21, 2020
“What are we supposed to do? Call the cops? It’s already out there!”: Recent MGM hack exemplifies the uncontainable results of a data breach
By: Nicole Kardell
A hacker has posted to a public forum the personal details for more than 10.6 million former hotel guests of MGM Resorts. Information now available for all to see includes: full names, home addresses, phone numbers, emails, and dates of birth. Making it most newsworthy is that the likes of Justin Bieber, Jack Dorsey (Twitter’s billionaire CEO), among other celebs, prominent business folks, and government…
Presentation Recap: Jackpot! How D.C. Can Successfully Introduce Legalized Sports Betting and Navigate the Changing Regulatory Landscape
January 13, 2020
Presentation Recap: Jackpot! How D.C. Can Successfully Introduce Legalized Sports Betting and Navigate the Changing Regulatory Landscape
By: Jeffrey Hamlin
On January 9th, the DC Bar Association hosted a presentation by Ifrah Law entitled Jackpot! How D.C. Can Successfully Introduce Legalized Sports Betting and Navigate the Regulatory Landscape. For an hour and forty-five minutes a four-person panel discussed the District of Columbia’s legalization and regulation of sports betting in the wake of Murphy v. Nat’l Collegiate Athletic Ass’n. Ifrah Law’s Founding Member and online-gaming expert…
Advancing the Ball, Take Two: Google Opens Online Gaming Advertising in Four States
December 16, 2019
Advancing the Ball, Take Two: Google Opens Online Gaming Advertising in Four States
By: Nicole Kardell
Google will revise its advertising policies to allow ads for online casinos in several states where online gaming is legal and regulated. Notice of the change is posted on Google’s support forum which states that the revision will happen this month: “In December 2019, Google will update the Gambling and games policy to allow state-licensed entities to promote online casinos in Delaware, Nevada, New Jersey,…
