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Prediction Markets at a Crossroads: Licensing, Compliance, and Future(s)

Prediction Markets at a Crossroads: Licensing, Compliance, and Future(s)

October 20, 2026

Prediction Markets at a Crossroads: Licensing, Compliance, and Future(s)

By: Kyra Pulliam

Last week I had the honor of attending the inaugural PREDICT Conference hosted by DealFlow Events in New York City. This event should not be confused with the NEXTPredict Summit, taking place October 22-23, or Predict 2026, scheduled for December 7-9, both of which will also be held in New York. If the growing number of prediction market conferences borders on excessive, it is easy to understand why: Prediction markets are the current hot topic as a novel industry with the potential to generate revenues rivaling, if not exceeding, traditional i-gaming products. Of course, that potential all depends on which way the legal winds blow. Much of the current discourse focuses on whether the Supreme Court will grant certiorari in…

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Problem Gaming or Problem Industry Players?

October 14, 2026

Problem Gaming or Problem Industry Players?

By: Michelle Cohen

Over the summer, I attended the National Council on Problem Gambling’s (“NCPG”) annual conference in Nashville. NCPG is the nation’s leading nonprofit organization dedicated to reducing the harms associated with problem gambling. NCPG is a membership-supported organization whose members include major gaming companies, professional sports leagues, nonprofit organizations, and state government regulatory agencies. In Nashville, I learned from various stakeholders, including doctors, therapists, and individuals…

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Sara Dalsheim on Successful Licensing, Marketing and Regulatory Strategies for iGaming Clients

October 12, 2026

Sara Dalsheim on Successful Licensing, Marketing and Regulatory Strategies for iGaming Clients

By: Ifrah Law

For businesses competing in the rapidly evolving iGaming industry, it is a huge advantage to have a lawyer who knows the game and has an intense desire to win. Sara Dalsheim combines her life-long passion for sports with diverse experience in sports betting and iGaming law. She is adept at guiding clients through regulatory and licensing processes, negotiating agreements, and structuring business partnerships that seek…

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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…

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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…

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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…

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Virginia Poised to Legalize iGaming

January 14, 2026

Virginia Poised to Legalize iGaming

By: Sara Dalsheim

There has been chatter for some time that Virginia will soon become the next state to join in on the fun of legalized iGaming. Today, House Bill 161 and Senate Bill 118 will be officially offered as proposed legislation (the bills were pre-filed on January 6, 2026). House Bill 161 will officially be introduced by Delegate (“Del.”) Marcus Simon proposing to amend and reenact the…

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The United Kingdom Institutes a Voluntary Code of Good Practice for Operators of Prize Draws

November 26, 2025

The United Kingdom Institutes a Voluntary Code of Good Practice for Operators of Prize Draws

By: John Mikuta

The United Kingdom has published a Voluntary Code of Good Practice for operators of prize draws and competitions (“PDCs”).[1]  The Code contains a wide range of key measures that operators are expected to implement to improve player safety and transparency.  Because the Code is voluntary, operators are not legally bound to abide by it.  However, dozens of operators and other relevant entities in the United…

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Articles and Presentations by Our Firm Attorneys

Prediction Markets at a Crossroads: Licensing, Compliance, and Future(s)

Prediction Markets at a Crossroads: Licensing, Compliance, and Future(s)
By: Kyra Pulliam

Problem Gaming or Problem Industry Players?

Problem Gaming or Problem Industry Players?
By: Michelle Cohen

Sara Dalsheim on Successful Licensing, Marketing and Regulatory Strategies for iGaming Clients

Sara Dalsheim on Successful Licensing, Marketing and Regulatory Strategies for iGaming Clients
By: Ifrah Law

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