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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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Firm News

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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Firm News

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

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Article

An Imperfect Storm Has Sports Betting Operators Watching The EA Class Action

Sports wagering operators—along with anyone interested in the status of mandatory consumer arbitration—have their eyes on a class action lawsuit filed by three video game players in November against Electronic Arts EA -0.2% in the United States District Court for the Northern District of California. Electronic Arts’ EA Sports division is the developer of popular sports video game… Read More

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Maryland Legal Updates on Sports Betting

By a nearly 2:1 margin, Maryland voters overwhelmingly approved the expansion of sports betting ( titled “The Sports Betting Expansion Measure”) that was on the ballot for 2020. The approval has paved the way for the legalization of sports betting in Maryland at licensed facilities. Importantly, the ballot explicitly linked the new state revenues derived… Read More

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Speaking Engagement

Politics of Sports Podcast brings on Jeff Ifrah to talk Online Gaming

Hosts Geoff Embler and Jonathan Grella speak with online gaming attorney Jeff Ifrah about the trends and issues in the growing sports and online gaming industries. You can find it on Anchor via the link below, along with anywhere else the podcast is available. Give it a listen and share it with the world! https://anchor.fm/pospod/episodes/Episode-25–Online-Gaming-Attorney-Jeff-Ifrah-enbeur… Read More