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Sports Betting Advertisement Numbers Actually Decreasing
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May 2, 2024
Sports Betting Advertisement Numbers Actually Decreasing
By: Jordan Briggs
Legal online sportsbetting, is still relatively new in America.[1] Over the last six years, as more states have legalized online sportsbetting, Americans have noticed more and more ads, leaving some feeling inundated with these ads.[2] But have Americans really seen more online sportsbetting ads, or have they only noticed more ads? Today, the American Gaming Association (“AGA”) published a summary of its research finding that in 2023, for the second year in a row, “fewer television ads for sports betting [aired] than for other familiar products marketed to adults.”[3] Americans are actually seeing 33% less ads for sportsbetting than they saw in 2021 and 15% less than in 2022. Additionally, according to the AGA, sportsbetting only accounted for 0.4% of…
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Ad-Tech Europe: The Moving Target Marking Targeted Advertising
April 26, 2024
Ad-Tech Europe: The Moving Target Marking Targeted Advertising
By: Nicole Kardell
The European Data Protection Board (“EDPB”) recently published an opinion on the legality of pay-or-consent models for online platforms offering services in Europe. While the opinion is non-binding and limited to “large online platforms[1],” companies that offer platforms large and small in Europe should pay attention to the EDPB’s analysis—it will inform their future guidance for entities large and small. The upshot: Pay-or-consent models [for…
CFPB Banking in Video Games and Virtual Worlds
April 25, 2024
CFPB Banking in Video Games and Virtual Worlds
By: Jordan Briggs
Converting your dollar to donuts,[1] or whatever in-game currency you choose, has never been easier. As microtransactions online become easier to execute and more prevalent, the in-game economies start to resemble traditional banking—minus the standard banking protections. This issue is not lost on the Consumer Financial Protection Bureau (CFPB). Earlier this month, the CFPB released an Issue Spotlight on “Banking in video games and virtual…
NFL Gambling Policy Can Benefit From Small Modification
May 10, 2023
NFL Gambling Policy Can Benefit From Small Modification
By: Steven Eichorn
Recently, the NFL suspended five players for violations of the league’s gambling policy. Three players received indefinite bans (with the right to apply for reinstatement after the 2023 season) because they were caught betting on NFL games in the 2022 season, while two other players received six-game suspensions for betting on non-NFL games at a league facility (i.e., they were betting on college games at…
Sports Betting Operators Find Opportunities and Challenges in New Artificial Intelligence Tools
May 2, 2023
Sports Betting Operators Find Opportunities and Challenges in New Artificial Intelligence Tools
By: Jacob Grubman
For bookmakers, who have honed their tools of prediction since the dawn of sports betting, artificial intelligence seems like a natural fit. With a diverse array of AI and AI-adjacent products reaching the market, sports betting operators are primed to exploit these technological developments to offer new and better products to their users. As these two frontier industries meet, regulatory hurdles and obligations are likely…
Ifrah Law at NFT.NYC: Web3 Gaming’s Growing Pains and Maturity
April 26, 2023
Ifrah Law at NFT.NYC: Web3 Gaming’s Growing Pains and Maturity
By: Jake Gray
From April 12th to April 14th, NFT.NYC held its fourth inaugural event since its launch in 2019, boasting more than 1,500 speakers across seven different categories and a featured section. Moving from an array of venues spread throughout Times Square to a centralized location North Javits, Hudson Yards, the event was significantly less well attended than the previous year. Official attendance numbers have not been…
Ifrah Law on Web3: Web3.0’s Solutions
April 19, 2023
Ifrah Law on Web3: Web3.0’s Solutions
By: Jake Gray
At issue in Web2.0 was the centralization of web platforms and protocols under a user-independent authority, and therefore users’ inability to meaningfully exert control over their web experience, interactions, and data. While such a dynamic provided significant benefits in making the web accessible to a much wider population by lowering the technical barrier to entry, a concomitant effect was that large technology companies retained much…
Ifrah Law on Web3: Origins of the Web
April 17, 2023
Ifrah Law on Web3: Origins of the Web
By: Jake Gray
In parts (1) and (2) of this series, we’ll cover the basics of the Web and aspects of its technical history up to the present, and then discuss how Web3 technologists are trying to revolutionize the Web in its current iteration by solving its characteristic problems, respectively. In the following parts, (3) and (4), we’ll survey a popular Web3 sub-industry—gaming—and learn more about an entity…
