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Horses, Casinos, and Prediction Markets – Old & New in Saratoga Springs
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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…
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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…
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…
New DOJ Opinion Paves Way to Legal Online Poker
December 26, 2011
New DOJ Opinion Paves Way to Legal Online Poker
By: Ifrah Law
On December 23, 2011, the U.S. Department of Justice revealed that it has reversed a long-held position by stating that the Wire Act applies only to sports betting. This marks a major change in policy for DOJ, which has long contended that the Wire Act prohibits all forms of Internet gambling, including poker. Late that day, the DOJ released a 13-page legal opinion dated September…
Illinois Court Ruling Upholds State’s New Video Gaming Act
August 2, 2011
Illinois Court Ruling Upholds State’s New Video Gaming Act
By: Ifrah Law
In a 7-0 decision, the Illinois Supreme Court recently upheld legislation that will allow video gaming in the state for the first time. Earlier this month, the court ruled in favor of the Illinois legislature’s 2009 omnibus bill for funding capital projects that included the Video Gaming Act. The legislation had been challenged by Chicago Blackhawks owner and liquor distributor Rockwell Wirtz as violating the…
Massachusetts Cracks Down on Gambling at Internet Cafes
July 15, 2011
Massachusetts Cracks Down on Gambling at Internet Cafes
By: Ifrah Law
Last month, citing evidence that illegal gambling was going on at “Internet cafés” throughout the state, Massachusetts Attorney General Martha Coakley issued a new permanent regulation banning gambling at such places. The regulation bans the operation of establishments “where a gambling purpose predominates over the bona fide sale of bona fide goods or services” – in this case, cyber cafés and phone card video game terminals….
DC Attorney General Testifies That DC Online Gaming Law Does Not Violate Federal Law
June 30, 2011
DC Attorney General Testifies That DC Online Gaming Law Does Not Violate Federal Law
By: Ifrah Law
The D.C. Council held a hearing on June 29, 2011, to discuss the implementation of a new law that is scheduled to go into full effect on Sept. 8, allowing legal online gaming within the D.C city limits. This would make the District of Columbia the first jurisdiction in the United States to legalize online gaming for money. The hearing also marked the first time…
New House Bill May Open Door to Legal Online Poker
June 26, 2011
New House Bill May Open Door to Legal Online Poker
By: Ifrah Law
The momentum toward federal legalization of online poker took a significant step forward on Friday, June 24, when Rep. Joe Barton (R-Tex.) held a press conference to discuss the details of his legalization bill. The “Internet Gambling Prohibition, Poker Consumer Protection, and Strengthening UIGEA Act of 2011” would both legalize online poker and create a new federal agency to oversee its administration. Rep. Barton said…
