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Lessons from the Restructuring of an Online Sports Betting Company
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June 12, 2026
Lessons from the Restructuring of an Online Sports Betting Company
By: George Calhoun
The U.S. has seen numerous casino bankruptcies, including, most recently, Maverick Gaming in July 2025. What it has not seen, until now, is the bankruptcy of an online sportsbook. Previously, when companies exited a state, they cut deals with as many creditors as possible and just left the state (or the United States). Examples of this in recent years include Betfred, Betway, Unibet, and in some states WynnBet. Because some of the failed online offerings were the products of established land-based operators, they typically cut deals and pulled out of markets without formal restructuring proceedings. What has not happened on any real scale is the bankruptcy and sale of assets of an operating sportsbook. OTG changed that. OTG filed a…
CFTC Predicting Litigation Success over Multiple State
June 8, 2026
CFTC Predicting Litigation Success over Multiple State
By: John Mikuta
Through recent litigation actions, the Commodity Futures Trading Commission (“CFTC”) continues to stake out an aggressive position in the fight over who has the authority to regulate prediction markets. On May 18, 2026, Minnesota Gov. Tim Walz signed into law SF 4760, an omnibus public safety bill that made it a felony to operate or assist in operating a prediction market.[1] The next day, the…
Michelle Cohen on iGaming Marketing: Five Critical Steps When Regulators Call
May 26, 2026
Michelle Cohen on iGaming Marketing: Five Critical Steps When Regulators Call
By: Ifrah Law
Michelle Cohen guides and defends Ifrah Law’s iGaming clients when government agencies launch enforcement actions alleging unlawful gambling, advertising, and marketing practices. Michelle has decades of experience advising and defending organizations facing these and other claims related to consumer protections and privacy. When faced with cease-and-desist orders and costly litigations, Michelle’s clients count on her credibility, diligence, and deep knowledge of iGaming advertising and consumer…
CalvinAyre.com Interviews Jeff Ifrah at G2E 2014 on NJ Sports Betting
October 15, 2014
CalvinAyre.com Interviews Jeff Ifrah at G2E 2014 on NJ Sports Betting
By: Ifrah Law
This year’s G2E Conference in Las Vegas was held at the Sands Expo & Convention Center from September 29th to October 2nd. This premier gaming event is the largest floor show in North America with over 450 vendors and exhibitors, and also features key presentations by leaders in the industry. Firm founder, Jeff Ifrah was in attendance at G2E 2014 as the Moderator for the session titled, “Bad Actors:…
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…
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…
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…
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…
