Because regulators want to ensure that player funds are safeguarded in the event of corporate financial difficulties, such as bankruptcy, and may not be used to repay corporate debts, several states require Fantasy Sports operators...

These days, it’s getting harder for some of us to follow the instructions in Monty Python’s The Life of Brian, and to “always look at the bright side of life.” But I’m going force you...

The U.S. Court of Appeals for the Third Circuit dealt another blow to New Jersey’s hopes of legalizing sports gambling in its casinos and racetracks. In a 2-1 decision, the Third Circuit sided with the...

In an attempt to modernize regulation of online gambling in the EU, the European Commission has formally adopted a recommendation to EU member states, urging them to legislate new consumer protections, including restrictions on the...

The recent legalization and licensing of online gambling in New Jersey and Nevada has led to a significant flurry of online gambling ads. While online gambling ads were once anathema – usually run by offshore...

On November 26, 2013, New Jersey residents and visitors will be able to play poker and an array of other casino games online.  As we’ve reported before, the New Jersey legislature  passed the New Jersey Internet...

In an important decision for fantasy sports sites, the United States District Court for the Northern District of Illinois ruled today (October 9, 2013) that a suit brought under Illinois’ Loss Recovery Act against FanDuel...

On September 17, a panel of the federal Court of Appeals for the Third Circuit upheld a lower court’s decision invalidating a 2012 New Jersey statute that would allow sports betting at licensed casinos and...

Today, the Second Circuit handed down its decision in United States v. DiCristina, No. 12-3720 (2d Cir. Aug. 6, 2013).  The Court reversed the District Court’s order setting aside Lawrence DiCristina’s conviction under the Illegal...

The Justice Department sent jolts of concern through virtual currency providers last week, with its indictment against Liberty Reserve – a shadowy and anonymized virtual currency that, according to the Indictment against it, was “a...