Sports Betting

News & Analysis as of

Italian Game Agency to Issue New Rules for Betting on Virtual Events

The Italian Game Agency is issuing new rules for betting on virtual events. Draft of a new decree (the “Decree”) was notified to the European Commission on March 31, 2016. The EC will verify that the Decree complies with...more

Fair Play! German Federal Government Proposes New Regulatory Frameworkd in Sports Law

The introduction of the new draft legislation with changes in German criminal law was deemed necessary as the "general" provision against fraud in German law often is ineffective as it requires to prove that bets were placed...more

Goliath Versus Goliath:  Three Takeaways From the En Banc Rehearing of NCAA v. New Jersey

Barring congressional action, the future of sports betting in the United States lies in the hands of the U.S. Court of Appeals for the Third Circuit. Last month, the en banc court heard argument in NCAA v. New Jersey, No....more

Is it a Gamble for Employers to Permit Office Pools During March Madness?

The American Gaming Association estimates that Americans will bet a total of $9.2 billion on March Madness brackets, pools and contests this year, an increase of approximately $200 million from last year. While estimates...more

The Final Four – Do Employers Care?

Much time will be spent this week in person and online trying to make money on the NCAA tournament. There’s the blog hook for today. Online technology, and social media in particular, have made it much easier for employees to...more

Tax Brackets: Revisiting the Tax on Gambling Winnings just in Time for the NCAA Tourney

March Madness is upon us and, at least until Thursday, all brackets have yet to be busted. When completing your bracket for your office pool or a pick ‘em group with friends, keep in mind the tax consequences if you hope to...more

Beware the Ides and Other March Madness

With the dust from Super Bowl and fantasy football pools barely settled, many employees throughout the Golden State will soon turn to their March Madness brackets. With all the chances to bet on sporting events, on the due...more

Virginia first state to pass fantasy sports consumer protection legislation

The new Virginia Fantasy Contests Act regulates consumer privacy on fantasy sports game websites, like DraftKings and FanDuel, and also requires fantasy sports companies to pay a licensing fee in Virginia to pay for the cost...more

“The Times They Are A Changin’” For New Jersey Gaming

As the saying goes, “What doesn’t kill you makes you stronger.” It’s no secret that Atlantic City has faced its share of troubles. Gaming statewide continues to face transition, but after the dust settles, gaming in New...more

Texas AG Hits Deep in the Heart of DFS

On January 19, 2016, the Texas AG issued an opinion that paid Daily Fantasy Sports (DFS) are illegal under Texas law, but noted that “traditional” fantasy sports leagues are, as a general rule, legal under Texas law. In so...more

Tips for Fantasy Sports Cos. As State AGs Target Industy

Selecting the roster of your fantasy football team can be a maddening exercise. You could spend hours analyzing running backs’ carries per game, yards-per-carry averages, and weighing your pass protection concerns against...more

Could We See a Major Shake Up in Advertising for DraftKings and FanDuel?

New York’s Attorney General Eric Schneiderman is going after daily fantasy sports’ sites, and he’s going after them hard.  On November 10, 2015, the New York Attorney General declared that daily fantasy sports constitute...more

Accepting Daily Fantasy Sports Payments and Proceeds May Be Unlawful: New York AG Accuses DFS Sites of Leading “Massive . . ....

New York Attorney General (“NYAG”) Eric Schneiderman has claimed that daily fantasy sports (“DFS”) sites, including FanDuel and DraftKings, violate New York state gambling laws. He has issued cease-and-desist letters, giving...more

Nevada Shuts Down Unlicensed Daily Fantasy Sports

In the latest regulatory salvo involving daily fantasy sports (DFS), the Nevada Gaming Control Board (NGCB) declared pay to play DFS to be gambling and has required DFS operators to cease and desist from operating in Nevada...more

White Paper - Why Daily Fantasy Sports Needs Regulation to Survive

As the first glimpses of the 2015 NFL and college football seasons began to appear on the horizon, something else also began to cloud TV screens: A massive front of daily fantasy sports (“DFS”) advertising spots urging...more

A Criminal Waste Of Space Foments Securities Law Problem

California Court of Appeal Justice William W. Bedsworth writes the popular syndicated column “A Criminal Waste of Space”.  In this month’s column, Justice Bedsworth expounds on the highly improbable case of a man who...more

Lucky You: Workplace Gambling Webinar Set for October 20th

My New York Football Giants are 0-2 so far this year. It’s been ugly. But all is not lost for me. Why? My fantasy football team — the Hartford Hotspurs (with a wink to my favorite soccer team, the Tottenham Hotspurs) —...more

Just a Fantasy? Toeing the Line between Fantasy Sports and Illegal Online Sports Betting

It’s fall. And in the professional sports world, that means the National Football League  is back and Major League Baseball is gearing up for its playoffs. But there are other leagues garnering increased attention as...more

Massachusetts Joins List of States Reviewing Daily Fantasy Sports

Despite Massachusetts being the home to DraftKings, Attorney General Maura Healey said it would be reviewing the legality of daily fantasy sports (DFS). This announcement comes on the heels of a request by Congressman Pallone...more

Gaming Legal News: Volume 8, Number 16: Uncommon Definitions Of Common Gaming Terms – A Field Guide For Non-Nevada Gaming...

Uncommon Definitions Of Common Gaming Terms – A Field Guide For Non-Nevada Gaming Practitioners In Nevada - Those not intimately familiar with Nevada gaming law are often confused about how certain terms, namely "mobile...more

Australia: Review of Interactive Gambling Laws Announced

The Australian Government has commissioned a review of Australia’s online gambling laws. The review will be led by Social Services Minister Scott Morrison and focus on the Interactive Gambling Act 2001 (Cth). The terms of...more

Updates to Nevada’s Gaming Laws – 2015 Legislative Session

Now that the dust has settled on the 2015 Nevada legislative session, we find the gaming landscape has been altered in some pretty interesting ways. There are a few bills that will allow Nevada gaming licensees to explore a...more

Three Point Shot - June 2015

Jockeying for Dollars: Kentucky Downs Faces Two Lawsuits over Betting Machines - And they're off ... to the United States District Court for the Western District of Kentucky. One of the country's premier racetracks,...more

Another Bill to Expand the Wire Act: Bad Law Clothed in a Lie

This past week’s focus on the presence of the Confederate battle flag on the grounds of the South Carolina capitol (and elsewhere) brought back to the fore the specter of “states’ rights” – the seemingly high-minded excuse...more

Business Entities Now Permitted to Wager at Nevada Race and Sports Books

A new Nevada law permits business entities to wager at Nevada race and sports books. Senate Bill 443 (SB443), which was signed into law by Gov. Brian Sandoval on June 2, 2015, provides the legal mechanism for investors and...more

94 Results
|
View per page
Page: of 4
JD Supra Readers' Choice 2016 Awards

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×