Missouri Welcomes sporting betting

Missouri Votes for Legalized Online and Retail Sports Betting

Missouri Votes for Legalized Online and Retail Sports Betting

November 6, 2024

Missouri Votes for Legalized Online and Retail Sports Betting

By: Sara Dalsheim

Yesterday, the citizens of Missouri voted in favor of Amendment 2 to legalize online and retail sports betting by a small margin of under 7,500 votes.  Missouri is now set to be the 39th state to legalize sports betting. Under the amendment, the retail and online sports wagering rights were granted to Missouri casinos and professional sports teams, each with the right to have one retail and one online license. The amendment also permits the state to offer two online sports betting licenses without a link to a Missouri casino or professional sports team. Individuals physically located within Missouri who are at least 21 years old will be able to place sports bets. The approved amendment provides that sports betting…

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Stories of successfully resolved iGaming client issues and challenges.

A Modest Proposal to Reduce AI Liability: Add Warnings

November 4, 2024

A Modest Proposal to Reduce AI Liability: Add Warnings

By: Abbey Block

CONTENT WARNING:  This blog includes discussion of suicide.[1] Imaginary friends are a common staple of childhood. Indeed, many children invoke the companionship of imaginary friends – relying on their creativity and imagination for entertainment and friendship. However, nowadays, young people no longer need to rely solely on their own creativity to conjure up a fictional companion. Rather, generative artificial intelligence (“AI”) programs such as Character.AI…

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CFTC “Special Rule” Interpretation Led to an October Surprise

October 23, 2024

CFTC “Special Rule” Interpretation Led to an October Surprise

By: Robert Ward

On October 2, 2024, the Court of Appeals for the District of Columbia Circuit issued a decision that permitted KalshiEx LLC (“Kalshi”) to legally offer election contracts, which allow buyers to put down money based on their predictions as to party control of Congress and presidential election results.[1]  This decision, and the district court decision that the Commodity Futures Trading Commission (“CFTC”) sought to stay,…

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Maryland Regulators Pick Away at Latest Fantasy Offerings

September 6, 2024

Maryland Regulators Pick Away at Latest Fantasy Offerings

By: Robert Ward

On August 29, just as football fans were gearing up for the 2024-2025 NFL season, the Maryland State Lottery and Gaming Control Agency issued a new round of proposed regulations for both sports betting and daily fantasy sports. The proposed sports betting regulations address a wide range of topics, from geolocation and multifactor authentication to wind-down procedures for sportsbooks.[1] The proposed daily fantasy sports regulations,…

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New Sports Betting Options as NFL Season Takes Off

August 27, 2024

New Sports Betting Options as NFL Season Takes Off

By: Jake Gray

The 2024-2025 NFL season is fast approaching—kickoff is set for Thursday night, September 5th, between the Baltimore Ravens and Kansas City Chiefs in which MVP quarterbacks Lamar Jackson and Patrick Mahomes will duel it out for the fifth time. This is their first matchup since the Chiefs knocked the Ravens out of the playoffs in the AFC Championship Game for the chance to play in…

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Too Late to Get Licensed for the 2024 NFL Season?

August 22, 2024

Too Late to Get Licensed for the 2024 NFL Season?

By: Sara Dalsheim

Each NFL season, as more states join the legalized sports betting market, there are record-breaking numbers in wagering related revenue. Along with the rise in the number of states and revenues, there are more vendors and suppliers eager to work with and offer their products/services to the sports wagering operators. However, what these vendors may not realize are the regulatory barriers at play in such…

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Gambling, Sports Betting, and America’s Evolving View

August 21, 2024

Gambling, Sports Betting, and America’s Evolving View

By: Steven Eichorn

No less an authority than the Supreme Court has posited that “Americans have never been of one mind about gambling, and attitudes have swung back and forth.”[1] Shifting considerably over time, America’s views and social acceptance of gambling builds on a nearly 100-year trend towards the expansion of legalized gambling. By the end of the 19th century, American society viewed gambling as a moral failure…

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Massachusetts Gaming Commission Signals Intent to Regulate Sports Wagering Limits and Invites Operators to Join the Conversation

August 2, 2024

Massachusetts Gaming Commission Signals Intent to Regulate Sports Wagering Limits and Invites Operators to Join the Conversation

By: Abbey Block

At a public meeting held on August 1st, members of the Massachusetts Gaming Commission (the “Commission”) voiced their frustration with sports betting operators’ unwillingness to publicly discuss their position on the issue of bettor and wager limits. Although the Commission has yet to propose any rules that would limit the operators’ ability to impose wager limits on certain bettors, it has indicated its interest in…

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Articles and Presentations by Our Firm Attorneys

Michigan Sets the Stage for Legal Sports Betting

Michigan Sets the Stage for Legal Sports Betting
By: Ifrah Law

Why is Player Betting a Cardinal Sin?

Why is Player Betting a Cardinal Sin?
By: James Trusty

Legal Sports Betting Arrives in The Centennial State

Legal Sports Betting Arrives in The Centennial State
By: Ifrah Law

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