How New Jersey Became The U.S. Gambling Expansion Leader

Jeff Ifrah, the founder of Internet Development and Economic Association (iDEA) and a longtime adviser to companies seeking to engage in U.S. gambling expansion, said that it stems from “bad economic theory.” “States don’t fully understand a couple of things,” Ifrah said. “No one understands like New Jersey does that there is an entire offshore…

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Ifrah Law and EGR Announce Winner of First Annual Pitch Contest for Small Businesses in Gaming Industry

Ifrah Law, the D.C.-based boutique law firm nationally ranked in the area of gaming law, and EGR, the leading information service for the online gaming industry, have announced the winner of their first co-sponsored ‘Ifrah Pitch’ contest, a competition specifically aimed at showcasing new startup companies in the ever-growing U.S. online gaming market. Ifrah Pitch…

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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…

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It’s March, But NCAA, Unlike Professional Leagues, Is Yet To Budge On Legal Sports Betting

It is hard to believe that as recently as three years ago—prior to the Supreme Court’s May 2018 decision declaring that the Professional and Amateur Sports Protection Act (PASPA) was unconstitutional—Americans seeking to wager on the NCAA basketball tournament had to choose between either traveling to Nevada or wagering illegally, whether with an offshore provider…

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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…

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