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…

Read More about Horses, Casinos, and Prediction Markets – Old & New in Saratoga Springs
Blog Series

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…

Read More about Gambling Industry Takes on Addiction Prevention

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…

Read More about FAIR Treatment of Lost Bets

The Push to Legalize NJ Sports Betting- Bloomberg Law Radio Interview with Jeff Ifrah

September 17, 2014

The Push to Legalize NJ Sports Betting- Bloomberg Law Radio Interview with Jeff Ifrah

By: Ifrah Law

Last week, the administration of New Jersey Governor Chris Christie issued a directive to the state’s casinos and racetracks allowing them to offer sports betting.  The direction was surprising to many who believed that the governor had yielded to the Supreme Court’s refusal to hear the state’s appeal on the federal sports betting ban. Recently, founding partner of Ifrah Law, Jeff Ifrah took the time to discuss the legal issues…

Read More about The Push to Legalize NJ Sports Betting- Bloomberg Law Radio Interview with Jeff Ifrah

Rolling the Dice with Casino VIP Lists

September 2, 2014

Rolling the Dice with Casino VIP Lists

By: Michelle Cohen

In the competitive world of land-based casinos, high roller “VIP” players are courted with a host of special perks and privileges. A casino’s proprietary VIP customer list represents one of its most valuable assets, almost akin to the secret formula of Coca-Cola. This is why the Maryland Live! Casino filed suit in federal court in Maryland against Helena Wong. Ms. Wong is a former VIP…

Read More about Rolling the Dice with Casino VIP Lists

Apparently, the Wizard of Oz Notwithstanding, Kansas Frowns upon Fantasy

August 28, 2014

Apparently, the Wizard of Oz Notwithstanding, Kansas Frowns upon Fantasy

By: Ifrah Law

Last week, the Kansas Gaming & Racing Commission (“KGRC”) updated the “Frequently Asked Questions” on its website to reflect its position that fantasy sports leagues violate Kansas law against gambling.  Under Kansas law, a “bet” is defined as “a bargain in which the parties agree that, dependent upon chance, one stands to win or lose something of value specified in the agreement,” K.S.A. 21-6403(a), and…

Read More about Apparently, the Wizard of Oz Notwithstanding, Kansas Frowns upon Fantasy

Gov. Christie Vetoes Latest Sports Betting Bill

August 11, 2014

Gov. Christie Vetoes Latest Sports Betting Bill

By: Ifrah Law

On Friday, New Jersey Governor Chris Christie vetoed a bill that marked the latest effort to bring legal sports betting to the state’s casinos and racetracks marking another temporary setback, though the efforts may not be over.  The Governor stated in his veto message that the Third Circuit’s opinion from earlier this year striking down New Jersey’s first attempt to legalize sports betting “may not…

Read More about Gov. Christie Vetoes Latest Sports Betting Bill

Kentucky Becomes Latest State to Move Toward Online Lottery Ticket Sales

July 31, 2014

Kentucky Becomes Latest State to Move Toward Online Lottery Ticket Sales

By: Ifrah Law

  Earlier this month, the Kentucky Lottery Corporation (“KLC”) presented state lawmakers with a timeline for the launching of an online lottery ticket sales platform by the middle of 2015.  The KLC’s plan is to launch multi-state drawing games such as Powerball first and then launch other lottery products in the following months.  Online lottery ticket sales represent an untapped market for state lotteries that…

Read More about Kentucky Becomes Latest State to Move Toward Online Lottery Ticket Sales

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

Subscribe to Ifrah Law’s Insights