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In the Market for Judicial Review: Circuit Split on CFTC Preemption Makes SCOTUS a Predictable Destination
FEATURED
September 1, 2026
In the Market for Judicial Review: Circuit Split on CFTC Preemption Makes SCOTUS a Predictable Destination
By: John Mikuta
The ongoing legal battle over whether the federal Commodity Futures Trading Commission (“CFTC”) or state regulators have the authority to regulate sports-related prediction markets is heating up. Last week, the U.S. Court of Appeals for the Ninth Circuit turned away a challenge by Kalshi, the largest prediction market in the United States, to the Nevada Gaming Control Board’s letter ordering it to cease and desist operations in the state of Nevada.[1] The Ninth Circuit held that the lower court did not abuse its discretion in concluding that Kalshi was not entitled to a preliminary injunction because it did not establish a likelihood that the federal Commodity Exchange Act (“CEA”) preempts state gaming regulations. The Ninth Circuit’s ruling stands in direct…
A Ticket to Win: Are Travel Points a Thing of Value?
August 21, 2026
A Ticket to Win: Are Travel Points a Thing of Value?
By: Abbey Block
With the end of summer drawing near, many American families may be hoping to book a last-minute getaway. Some of those travelers may be hoping to take advantage of credit card points to book their trips on the cheap. Credit card points have become a ubiquitous part of American capitalism – particularly those offered by airlines, often referred to as “travel points.” According to the…
Advertising Prediction Markets? The CFTC Just Sent a Clear Message to Affiliates.
August 17, 2026
Advertising Prediction Markets? The CFTC Just Sent a Clear Message to Affiliates.
By: Kyra Pulliam
The Commodity Futures Trading Commission (CFTC) recently issued guidance directed to designated contract markets (DCMs) concerning the marketing and offering of event contracts. The guidance was addressed to DCMs because no swap execution facilities (SEFs) currently list event contracts. However, the CFTC’s analysis is equally applicable to futures commission merchants (FCMs) and introducing brokers (IBs), as well as the advertising affiliates and marketing partners that…
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…
