The Commodities Futures Trading Commission (“CFTC”) is putting sports betting markets under the microscope. In just over a month, the agency will host a public roundtable to debate the rise of sports-related event contracts on prediction markets—an emerging trend that...
On Wednesday, the U.S. Supreme Court denied a request to order to stay the implementation of a gaming compact (“Compact”) between the State of Florida and the Seminole Tribe of Florida (“Tribe”). As a result, the...
Three nearly-identical class action lawsuits filed recently in New York and Illinois provide a valuable lesson for companies that offer credit-based promotions or promotions that use the word “free.” The complaints against gambling operators –...
Last week, the US District Court for the District of Rhode Island reaffirmed the First Circuit’s view that the Wire Act “definitively” applies only to sports betting. In other words, non-sports betting gambling, such as...