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A Ticket to Win: Are Travel Points a Thing of Value?
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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 Wall Street Journal, this summer’s travel season was “powered” by more than “$38 billion” worth of credit card-powered travel points. Given the increasing popularity with which folks are accumulating and using these travel points, gaming companies may be wondering if there’s a way for them to get in on the action and asking whether their…
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…
CFTC Sends Message to Prediction Markets: You Are Not a Sportsbook
August 11, 2026
CFTC Sends Message to Prediction Markets: You Are Not a Sportsbook
By: John Mikuta
In recent guidance, the Commodity Futures Trading Commission (“CFTC”) has made clear that event contracts offered by regulated prediction-market entities must not be marketed in a format commonly used by casino gambling bookmakers. The CFTC’s Division of Market Oversight and Market Participants Division issued a notice to all CFTC-regulated entities and affiliates regarding their obligations to refrain from engaging in misleading or deceptive practices when…
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…
Recap of RAWA House Subcommittee Hearing and What It Means for iGaming
March 30, 2015
Recap of RAWA House Subcommittee Hearing and What It Means for iGaming
By: Ifrah Law
The House Subcommittee on Crime, Terrorism, Homeland Security, and Investigations held a hearing last week to consider bill HR 707, the “Restoration of America’s Wire Act,” or RAWA. The proposed bill would prohibit most types of online gambling, whether or not they have been legalized and regulated by any state. The bill was drafted in response to 2011 Department of Justice opinion letter stating that…
Nevada Sports Books Will Be Going For The Gold During The Next Olympics
March 4, 2015
Nevada Sports Books Will Be Going For The Gold During The Next Olympics
By: Ifrah Law
It seems like, during the next Olympic Games in 2016, you will be able to bet your gold legally in Nevada on who will win the gold. Nevada gaming regulators have voted unanimously to permit the state’s sports books to accept wagers on the Olympic games for the first time in years. Nevada joins international sports books in a number of other countries that already…
Minnesota’s Lottery Quagmire: The State Legislature’s Continued Resistance to Online Lottery Ticket Sales
February 23, 2015
Minnesota’s Lottery Quagmire: The State Legislature’s Continued Resistance to Online Lottery Ticket Sales
By: Ifrah Law
As Minnesota’s lottery system turns 25 years old, director Ed Van Petten has sought to follow the lead of the most technologically-advanced state lottery systems in the country by expanding into the profitable market of online ticket sales. However, at a time when many states have enjoyed the additional revenue that online lottery sales can provide, Minnesota joins a small number of states that have…
Daily Fantasy Sports and the Start of Class Action Season
January 7, 2015
Daily Fantasy Sports and the Start of Class Action Season
By: Ifrah Law
While billions of dollars of sports betting continues in the shadowy world of illegal off-shore sports books, the fantasy sports business has been on fire. And as fantasy sports becomes the new hot “thing” online, it has continued to evolve: Dozens of companies are entering the market to offer everything thing from the increasingly common single day fantasy contests to the stock market-like contest offered…
