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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…
CFTC Plants the Flag on Regulating Prediction Markets
March 4, 2026
CFTC Plants the Flag on Regulating Prediction Markets
By: John Mikuta
On February 25, 2026, the Commodity Futures Trading Commission (“CFTC”), the governmental body primarily responsible for overseeing prediction markets, took a significant step toward consolidating its authority to oversee trading activities on prediction-market platforms.[1] The CFTC’s Division of Enforcement issued a “Prediction Markets Advisory” describing two enforcement actions brought by Kalshi, the world’s largest prediction market.[2] Both enforcement actions involved trades by Kalshi users who…
Jeff Ifrah Talks iGaming M&A: Opportunities, Strategies, and Smart Plays
February 18, 2026
Jeff Ifrah Talks iGaming M&A: Opportunities, Strategies, and Smart Plays
By: Ifrah Law
One of the best-known power players in iGaming, Jeff Ifrah is both the team captain and the founding MVP of Ifrah Law’s nationally ranked Online Gaming and Sports Betting practice. His strength as a litigator is matched by his depth as a business strategist and counselor. A respected dealmaker, Jeff has helped to incubate, structure and advise on many of the industry’s game-changing M&A transactions…
Secrets of a Compliance and Licensing Analyst: What Clients Find Most Surprising About Applying for a Gambling License
February 11, 2026
Secrets of a Compliance and Licensing Analyst: What Clients Find Most Surprising About Applying for a Gambling License
By: Amanda Holi
Drawing from my experience on the front lines at Ifrah Law—a firm dedicated to the complexities of gaming and gambling-related applications—I’ve observed that even the most prepared clients can be blindsided by the sheer depth of the licensing process. To help you prepare, here are the four most common ‘surprises’ our clients encounter: Suitability is a Deep Dive, Not a Surface Check In the gambling…
Beyond the Approval: 3 Critical Tips for Renewing Your Gambling License
February 3, 2026
Beyond the Approval: 3 Critical Tips for Renewing Your Gambling License
By: Amanda Holi
As a former regulator, I’ve sat on the other side of the desk, reviewing hundreds of applications and watching promising applicants stumble over the same hurdles. Now, as a licensing specialist at a law firm, I help my clients avoid those “regulatory red flags” before they happen. Securing your initial license is a monumental achievement, but maintaining it is where the real work begins. In…
Prediction Markets Raising Predictable Questions of Regulation, Public Policy
January 27, 2026
Prediction Markets Raising Predictable Questions of Regulation, Public Policy
By: John Mikuta
On January 3, 2026, the United States carried out a shocking military strike against Venezuela, resulting in the capture of Venezuelan President Nicolas Maduro.[i] Maduro was taken from his home in Caracas and flown to New York, where he faces narco-terrorism conspiracy, cocaine importation conspiracy, and weapons possession conspiracy charges.[ii] While the strike surprised most of the world, a few traders on Polymarket seemingly anticipated…
