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Ifrah Law Secures Major Victory for iGaming Operators as Massachusetts Court Reinforces Arbitration Rights
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October 8, 2026
Ifrah Law Secures Major Victory for iGaming Operators as Massachusetts Court Reinforces Arbitration Rights
By: John Mikuta
In a significant victory for iGaming operators, a Massachusetts trial court issued a sweeping decision reinforcing the enforceability of arbitration agreements against third-parties who seek to recover alleged gambling losses under Massachusetts law.[1] The ruling represents a major win for Ifrah Law’s iGaming clients and underscores Ifrah Law’s ability to navigate novel legal challenges, develop sophisticated strategies, and achieve meaningful results at a time when iGaming companies face increasingly aggressive and creative legal threats. Massachusetts, along with about 30 other states, has a “Loss Recovery Act” that allows a losing gambling to sue the winner and recover their losses. Like the statutes in several other states, if the gambling loser does not file a lawsuit within three months, a third…
CFTC Opens the Door for Passive Software Providers in Derivatives Markets
September 28, 2026
CFTC Opens the Door for Passive Software Providers in Derivatives Markets
By: John Mikuta
In a new no-action letter, the Commodity Futures Trading Commission (“CFTC”) recently opened the door for software developers building software to facilitate trading in derivatives and futures. The CFTC’s Market Participants Division (“MPD”) issued a no-action position providing that it would not recommend bringing an enforcement action against a “passive software provider,” or “PSP”, for failing to register as an introducing broker (“IB”) or associated…
Trust the Future You Trade: Lessons About Prediction Market Surveillance from the DACOM Summit
September 23, 2026
Trust the Future You Trade: Lessons About Prediction Market Surveillance from the DACOM Summit
By: John Mikuta
Prediction markets are no longer a niche offering confined to a small corner of the internet. The rapid growth of prediction markets has launched them into the mainstream as a meaningful part of the financial ecosystem. But with that growth comes many of the same market integrity and compliance challenges that more traditional financial markets have long encountered. Prediction markets have faced public scrutiny over…
Social Casino Survives Latest “Gambling” Lawsuit
May 13, 2016
Social Casino Survives Latest “Gambling” Lawsuit
By: Ifrah Law
It’s a familiar sight: rows of men and women, on a bus or a subway, hands and eyes glued to their phones. But they’re not talking or texting or e-mailing. They are playing slots, though not for real money. This is the world of social casino – the subgenre of social gaming featuring casino-style games such as slots, blackjack, and poker. And it’s a huge…
Monmouth Park Brings Exchange Wagering to the United States
May 11, 2016
Monmouth Park Brings Exchange Wagering to the United States
By: Ifrah Law
Exchange wagering—a fixed-odds variant of pari-mutuel betting—is making its U.S. debut today. Monmouth Park, a racetrack in New Jersey, has begun offering on-site and online exchange wagering in cooperation with Betfair US. Beyond its own races, Monmouth Park has agreements for simulcast exchange wagering on ten racetracks around the country, with plans to expand the number of tracks offered as interest grows. New Jersey legalized…
New Jersey Issues Bulletin Clarifying Licensure Standards for Internet Gaming
April 19, 2016
New Jersey Issues Bulletin Clarifying Licensure Standards for Internet Gaming
By: Ifrah Law
Today, the New Jersey DGE issued a “Director’s Advisory Bulletin” clarifying how it would apply its suitability rules to gaming license applicants who conduct internet gaming in other jurisdictions. If you offer a game that is illegal in any jurisdiction, the DGE will consider you unsuitable and bar you from the New Jersey market. The new Bulletin clarified what New Jersey considers illegal: If you…
New York DFS: Sites Agree To Armistice, Not A Settlement
March 22, 2016
New York DFS: Sites Agree To Armistice, Not A Settlement
By: Ifrah Law
The New York Attorney General, FanDuel, and Draft Kings announced yesterday that a settlement had been reached in the litigation over the future of daily fantasy sports (“DFS”) in New York. Effective immediately, FanDuel and DraftKings will discontinue operations in New York and pay out existing balances to New Yorkers. This sounds like a major victory for the AG, and a surprising capitulation by the…
Guitar Hero for Cash! New Jersey Issues Temporary Regulations for Skill-Based Gaming
February 25, 2016
Guitar Hero for Cash! New Jersey Issues Temporary Regulations for Skill-Based Gaming
By: Michelle Cohen
Just last month at the National Council of Legislators from Gaming States (“NCLGS”) winter meeting in Orlando, I discussed the strong interest in skill-based games by casino owners, regulators, legislators, and the public. In an effort to appeal to millennials, fill empty slot seats, and expand the demographic at Atlantic City casinos, New Jersey’s Division of Gaming Enforcement (“DGE”) just announced new temporary regulations for “skill-based…
