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New York Mobile Sports-Betting Deal Growing Nearer Amid Budget Talks

Meanwhile, online gambling industry association iDEA Growth reaffirmed calls for the budget talks to result in a competitive sports betting model, citing the findings of a state-commissioned study by Spectrum Gaming Group released earlier this year. “Spectrum Gaming concluded that a competitive environment that allowed consumers a choice would also build out the most robust… Read More

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Ifrah Law Welcomes New Associate to Online Gaming & Sports Betting Practice

Ifrah Law is pleased to welcome new associate, Sara Dalsheim to our online gaming and sports betting practice. A graduate of American University Washington College of Law, Sara served as Vice President of the Sports and Entertainment Law Society, Vice President of the Alternative Dispute Resolution Honor Society, and was a member of the Sports… Read More

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Soaring DraftKings Stock Makes CEO Jason Robins A Billionaire

The company’s forecast is rooted in the mainstream spread of legal gambling, which is currently being considered in California, Texas, Florida and New York, and their combined population of over 100 million people. “That’s probably like 60% of the sports betting market in the US,” says Jeff Ifrah, a founding partner at Ifrah LLC. “The… Read More

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Virginia’s privacy law vs. California’s and which state might be next

A private right of action can give private citizens the right to sue, rather than the government. Under Virginia’s law, the state attorney general is given exclusive authority to enforce the law, which is set to become effective Jan. 1, 2023. “[In] Virginia, individuals would not be able to pursue their own civil claims under the… Read More

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Amazon expands palm-reading payment system as pandemic drives down cash use

One potential risk for the new contactless payment method is how it will be regulated. Several state laws are beginning to cover biometrics as part of privacy laws designed to protect personal information. The new laws outline requirements around the collection of that data, including express consent and the ability to opt out of participating in a program… Read More

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U.S. Appeals Court Rejects Trump-Era Wire Act Memo

In a potentially historic opinion, a federal appeals court on Wednesday rejected an appeal by the U.S. Department of Justice that posed a threat to the future expansion of the gambling industry. Two judges from the First U.S. Circuit Court of Appeals in Boston affirmed a June 3, 2019 decision by a New Hampshire federal… Read More

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ErisX and RSBIX Introduce Sporting Event Based Futures Contracts

Kevin O’Neill calls in for hour one to talk government overreach before previewing #2 Notre Dame’s clash with #3 Clemson. Russell Rhoads calls in for hour two. Chief and Russell welcome Tom Chippas, CEO of ErisX, and Jeff Ifrah of Ifrah PLLC & RSBIX, to discuss their new Sporting Event based Futures Exchange. Coverage on the Stocks and Jocks Podcast… Read More