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Cold Water on Insider Trading Fears: Prediction Markets Miss the 2026 NFL Draft
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April 29, 2026
Cold Water on Insider Trading Fears: Prediction Markets Miss the 2026 NFL Draft
By: John Mikuta
From April 23 to April 25, the National Football League (“NFL”) held its annual player selection draft. Over 800,000 fans gathered in Pittsburgh, Pennsylvania to watch Commissioner Roger Goodell announce the picks live, with millions more watching on TV and other digital platforms.[1] But the NFL Draft is not just a spectator event—both traditional sportsbooks and prediction-market platforms allowed customers to risk money predicting which player would be selected first, how many quarterbacks would be chosen, and when particular players would come off the board.[2] NFL Draft betting took off in 2020, when COVID-19-related shutdowns brought most sports to a grinding halt. Until then, a typical draft garnered only about $1 million in wagers. The 2020 NFL Draft, however, saw…
After Ciminelli: Are the Feds Betting Too Big on Wire Fraud?
April 23, 2026
After Ciminelli: Are the Feds Betting Too Big on Wire Fraud?
By: Abbey Block
Can a technical violation of a website’s terms and conditions constitute a violation of the federal wire fraud statute? A federal court will soon decide just how broadly the statute may sweep, and whether all such forms of potentially dishonest conduct are subject to such stringent criminalization. On Monday, all eyes will be on the District Court for the Eastern District of New York when…
The Cost of Moving Too Fast: Is Your Company Really Ready to Apply for a US Gaming License?
April 21, 2026
The Cost of Moving Too Fast: Is Your Company Really Ready to Apply for a US Gaming License?
By: Amanda Holi
The allure of the US gaming and gambling market is undeniable. As more states legalize sports betting and online gaming, it seems full of possibilities. But as someone who navigates these regulatory waters daily, I often have to ask new clients a tough question: Is your company actually prepared to apply for a US gaming license? Entering the US isn’t just about having a great…
Minnesota Phases Out State Lottery-Operated Online Games
May 21, 2015
Minnesota Phases Out State Lottery-Operated Online Games
By: Michelle Cohen
Minnesota’s legislature recently passed a bill that bars the Minnesota Lottery from offering online games, following a four month transition period. Specifically, the new law bans the lottery director from offering “the play of, on an electronic terminal, through a Web site, or by any other means or device, casino-style games, including but not limited to blackjack, craps, keno, dice games, roulette, or poker.” The…
The “Fight of the Century” in its 13th Round
May 8, 2015
The “Fight of the Century” in its 13th Round
By: Nicole Kardell
It’s not uncommon to see sports fans get emotional at a game, match, race, or fight. They feel invested in their team, invested in their athlete. For the sports bettors out there, that investment may be literal, but for most it’s largely emotional. So at the hour of defeat do disappointed fans have a legal right to a return on their investment if the contest…
Wisconsin Indian Tribe Prevails – State Cannot Ban Electronic Poker on Reservation
May 6, 2015
Wisconsin Indian Tribe Prevails – State Cannot Ban Electronic Poker on Reservation
By: Ifrah Law
The U.S. Court of Appeals for the Seventh Circuit has overturned a federal district court ruling that had permitted the State of Wisconsin to prohibit the Ho Chunk tribe from offering electronic poker on its reservation although such games are not explicitly and uniformly prohibited in that state. This ruling may have implications for the ability of tribes to offer online poker – an issue…
Many Firsts Surrounding This Year’s GiGse Conference
April 23, 2015
Many Firsts Surrounding This Year’s GiGse Conference
By: Ifrah Law
The 2015 Global iGaming Summit & Expo (GiGse) took place last week in San Francisco, and coincided with many exciting industry firsts. GiGse is the largest and most established event in North America which annually attracts over 700 iGaming and related industry professionals from all over the world. On April 20th, eGaming Review (EGR) North America, named Ifrah Law “Best Legal and Compliance Partner” in the U.S. at their inaugural…
Phoenix Project: Atlantic City Can Rise From The Ashes
April 8, 2015
Phoenix Project: Atlantic City Can Rise From The Ashes
By: Ifrah Law
Most of the news from the Atlantic City Boardwalk over the last couple of years has not been promising. Several of the massive casino resort properties there have closed and/or slipped into bankruptcy, and the resale or reopening of the properties has been stalled by legal and financial hurdles. But a new plan for development of the Boardwalk hopes to take the area in a…
