News & Analysis as of

Sports Betting

March Madness 2017: How to Avoid Fouling Out from an Employment Law Perspective

Across the country, sports fans are gearing up for their favorite seasonal competition: the NCAA “March Madness” tournament. Those with winning brackets can earn prizes ranging from neighborhood bragging rights, up to a...more

Gavel to Gavel: Office pool madness

by McAfee & Taft on

For the 50 million Americans who are expected to participate in March Madness office pools this year, hope springs eternal … that is, until the official first round tips off and brackets begin busting. But for now, there’s...more

One Shining Moment and Hundreds of Lost Hours of Production

It’s that time of the year again, the annual March ping pong tournament at my local YMCA. There’s another minor tournament going on now that you may have heard of – the NCAA basketball tournament. It is during this time of...more

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

by FordHarrison on

The American Gaming Association estimates that Americans will bet a total of $10.4 billion on March Madness brackets, pools and contests this year, an increase of approximately 13% from last year. While estimates vary, some...more

Is Your Organization Prepared for the (March) Madness?

by Jackson Lewis P.C. on

It’s the time of year when workplace chatter suddenly includes constant references to Wildcats, Jayhawks, Pirates, Tar Heels, and Blue Devils. As well as the question of whether the UConn Women’s Basketball Team will ever...more

Going Nuclear: New Jersey’s Last-Ditch Option for Legalizing Sports Betting

by Goodwin on

The U.S. Supreme Court’s recent invitation for the Solicitor General to weigh on New Jersey’s sports betting case may give new life to the Garden State’s efforts to expand its gambling portfolio. But in the event that the...more

Three States Introduce Bills to Legalize Sports Betting While SCOTUS Decides Whether to Hear Suit Challenging Existing Federal Ban

by Reed Smith on

As the Supreme Court weighs whether to hear a New Jersey challenge to the Professional and Amateur Sports Protection Act (“PAPSA”) – a 1992 federal law that banned sports wagering in all states where it was not already in...more

Super Bowl Office Betting – Does it Cross the Line?

by Gray Reed & McGraw on

Riding her beloved Packers late-game win against the Dallas Cowboys, Allfer Funn, owner of Con Genial, is polishing her cheese head hat and dusting off her Super Bowl Squares Pool from last year in anticipation of the Big...more

After String of Bad Beats, New Jersey Contemplates Going All In On Sports Betting

by Goodwin on

Lawmakers in Trenton are desperate to allow sports betting in Atlantic City. The American Gaming Association estimates that $149 billion is illegally wagered on sports in the United States each year. ...more

German Prime Minister Conference Reaches Agreement on the Amendments to the German Interstate Treaty on Gambling...

by Reed Smith on

According to a press release of 28 October 2016, the Prime Minister Conference agreed to repeal the limitation to 20 licenses for private sports betting providers. Further, the German gambling regulators are invited to take...more

Bribery and the beautiful game: A typology

by Reed Smith on

It will have saddened many people to read further allegations of wrongdoing in English football. The story, based on classic secret recording methods, was broken by The Daily Telegraph and has been picked up by the entire...more

NFL, Employers, and the Office Fantasy Pool – Gambling in the Workplace

by Conn Maciel Carey LLP on

With the start of a new NFL football season around the corner, many employers are likely hearing chatter around the workplace about the upcoming season, predictions, and office football leagues. Office betting pools can have...more

Appeals Court Says “No” to Sports Betting in New Jersey

by Klein Moynihan Turco LLP on

The U.S. Third Circuit Court of Appeals has issued a ruling denying New Jersey’s efforts to legalize sports betting in the State. The ongoing league battle has pitted several professional sports associations against the...more

Third Circuit: Federal Law Did Not Commandeer States To Act in Violation of Constitution

Can the federal government at times and, in all places, commandeer the states to act in a certain way? “Commandeering” refers to a federal requirement that state officials enact, administer, or enforce a federal regulatory...more

An Overview of HB 2150, Preliminarily Approving Expanded Gaming in Pennsylvania

by Blank Rome LLP on

Action Item: The Pennsylvania legislature is poised to expand gaming significantly to include interactive gaming and fantasy sports, among other major changes. Be prepared for these developments which will create...more

Weekly Web Wrap-Up

Welcome to Sheppard Mullin’s Weekly Web Wrap-Up, a quick list of the past week’s top news in the social media, gaming, and virtual goods and currencies industries curated by Social Media & Games Team. Here are some of the...more

Monmouth Park Brings Exchange Wagering to the United States

by Ifrah PLLC on

Exchange wagering—a fixed-odds variant of pari-mutuel betting—is making its U.S. debut today. Monmouth Park, a racetrack in New Jersey, has begun offering on-site and online exchange wagering in cooperation with Betfair US....more

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

by K&L Gates LLP on

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

by DLA Piper on

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

by Goodwin on

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?

by FordHarrison on

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?

by Cozen O'Connor on

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

by Davis Brown Law Firm on

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

by Seyfarth Shaw LLP on

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

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