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…

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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…

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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…

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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…

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State 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…

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NCLGS 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…

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