Maryland Just Voted To Legalize Sports Betting At Stadiums and Casinos. What Happens Next?
By: DOMINIQUE MARIA BONESSI Marylanders have overwhelmingly approved legalizing sports betting, but it may take more than a year before they can make their first legal wager. State voters approved of the ballot question by a 2-1 margin on Tuesday. Proceeds will be used to help fund K-12 public education. The Maryland legislature has some…
Read MoreState Regulators Vary on How They Approach Sports Betting
It’s been more than two years since the Supreme Court invalidated the Professional and Amateur Sports Protection Act (PASPA), allowing states to regulate sports betting within their borders. And while nearly 50 percent of jurisdictions across the United States have passed legislation doing exactly this, these states are limited by a federal law known as…
Read MoreNCLGS to feature Jeff Ifrah in “Expanding Gaming Landscape: New Entrants, New Challenges”
Registration Link & Webinar Description listed below: The growth of non-gaming revenue and the expansion of new forms of digital gaming, esports and sports betting creates new opportunities and challenges. New entrants – from restaurant chains to sports teams and beyond – are seeking their spot in the legal gaming firmament. This expansion raises new…
Read MoreMichelle Cohen is recognized as a 2020 Elite Boutique Trailblazer in the National Law Journal
2020 National Law Journal Elite Boutique Trailblazers In an industry traditionally underrepresented by women, Cohen leads the firm’s data privacy practice and guides major gaming clients including Sportsradar and PokerStars and emerging new companies including the online lending company Kabbage. Specializing in sweepstakes promotions, Cohen advises clients on eligibility questions, state registrations, and making sure…
Read MoreIfrah Law client resolves claims and looks forward to brighter future!
Costa Rica-based sportsbook 5Dimes reaches $46.8 million settlement with feds 5Dimes, a popular Costa Rica-based sportsbook, has reached a $46.8 million settlement with the U.S. government following a federal money-laundering investigation, according to a settlement agreement obtained by ESPN on Wednesday. 5Dimes agreed to pay $15 million in cash, forfeit more than $30 million in…
Read MoreTen Years Of The Gaming Intelligence Hot 50: Where Are They Now?
There will always be work for lawyers in this industry. One of the very best is Jeff Ifrah of Ifrah Law, the very first American to feature in the Hot 50. His handling of Full Tilt’s legal affairs after Black Friday won him a place in the Hot 50 and he has gone on to represent PokerStars,…
Read MoreDoes Congress Have an Insider Trading Problem?
It wasn’t until after the Great Depression was underway in the 1930s that any meaningful regulation of Wall Street shenanigans came along, and it took another eight decades for Capitol Hill to regulate its improprieties (after intense public pressure). “For many, many years there was kind of a full embracing of the idea that insider trading was…
Read MoreMeet lawyer Jeff Ifrah, the Buffalo native helping the gambling industry form its future
Attorney Jeff Ifrah had never worked as hard to pick up a client in his 28-year legal career. Finally, during a trip home to Western New York to visit family, he drove to Niagara Falls and barged into the Seneca Gaming Corp. offices to once more try to convince management to set up sports betting…
Read MoreCoinbase Hire Signals Hot Market for Digital Currency Lawyers
That’s exactly what Jeff Ifrah, the founder of Ifrah Law PLLC who specializes in cryptocurrency and blockchain, wants to see. “In order to succeed, they need to bring on talent like former federal judges. They can’t afford the continued reputation of operating in the shadows like some sort of gray market,” Ifrah said. Despite digital…
Read MoreApple Faces Lawsuit Over Loot Boxes
In February, the Eastern District Court of North Carolina dismissed a lawsuit alleging that Epic Games misled consumers about the loot boxes in its online shooter game Fortnite. “Courts have already ruled in related cases that virtual loot is not the functional equivalent of real money and this cannot be the basis for satisfying consideration…
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