News & Analysis as of

Sports Gambling

Verrill

What is the Future of Sports Betting?

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The legal sports betting industry raked in $11 billion last year, plus billions in tax revenues for states. You can’t get through a 30-second TV timeout without 90 seconds of commercials for legal gaming sites. Since 2018...more

Blank Rome LLP

Google Modifies Ad Policy to Benefit Daily Fantasy Sports and Lottery Couriers

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Google has set the stage for a transformative change slated for July 15, 2024, providing a roadmap to extend Google Ads to daily fantasy sports (“DFS”) operators and lottery courier services across numerous U.S. states. A...more

Knobbe Martens

Federal Circuit Review | June 2024

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Reliably Determining Reasonable Royalty Rates from Lump Sum Licenses - In Ecofactor, Inc. V. Google LLC, Appeal No. 23-1101, The Federal Circuit held that license agreements containing a lump sum payment “based on” a royalty...more

Brownstein Hyatt Farber Schreck

Supreme Court Denies Cert in Florida Tribal Sports Betting Case

Last week, in West Flagler v. Haaland, the U.S. Supreme Court dealt a major blow to opponents of online tribal sports betting, effectively affirming the D.C. Circuit’s rejection of a challenge to a compact between the...more

Klein Moynihan Turco LLP

As Online Sports Betting Proliferates, Authorities Tighten The Screws On Gambling Advertising

On May 14, 2018, the United States Supreme Court decided the pivotal matter of Murphy v. National Collegiate Athletic Assoc., repealing the Professional and Amateur Sports Protection Act of 1992. The decision cleared the way...more

Eversheds Sutherland (US) LLP

Courtside Counsel - June 2024

The NCAA reaches a historic settlement to pay college athletes. What to know: NPR - What: On May 23, 2024, the NCAA and the so-called “power five” athletic conferences reached a groundbreaking agreement that seeks to end...more

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update - Week of May 6, 2024

Proposed Changes to Sports Betting in ConnecticutUnderdog and PrizePicks Return to FloridaFormer Iowa Collegiate Athletes File Lawsuit Against StateUpdate on Proposed College Prop Bet BansPennsylvania Bill Seeks to Prohibit...more

Husch Blackwell LLP

2024 NCAA Compliance Report: College Athletics in Transition

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In last year’s report, we discussed House v. National Collegiate Athletic Association—the third case in a trilogy filed by current and former student-athletes who claim the NCAA, as well as the Power 5 conferences, violated...more

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update – Week of April 22, 2024

Massachusetts regulators have finalized a set of rules covering sports betting operators’ data-privacy obligations. The Massachusetts Gaming Commission (MGC) agreed to several clarifications to its regulations, which were...more

Thomas Fox - Compliance Evangelist

The NBA, Data Driven Compliance and Jontay Porter

One of the best examples I have recently seen on the power of data driven compliance is playing out in real time in the NBA. It is the Jontay Porter betting scandal. This event had driven home why transparency, coupled with...more

Eversheds Sutherland (US) LLP

Courtside Counsel

Welcome to our newsletter with the latest legal news in sports from the Courtside Counsel. Our team of attorneys is actively monitoring the news for need-to-know legal developments and issues involving the sports industry....more

Snell & Wilmer

Louisiana Bans Prop Bets for Betting Integrity and Athlete Safety

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Just before the University of Connecticut’s and the University of South Carolina’s wins in March Madness, Louisiana issued a major change to college sports betting. Starting August 1, 2024, Louisiana’s Gaming Control Board...more

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update – Week of April 1, 2024

Dean Serpa, the former deputy chief of staff for operations and administration to Governor Charlie Baker, was selected to serve as the next executive director of the Massachusetts Gaming Commission. Serpa will take over an...more

Ward and Smith, P.A.

A Swift Debriefing: Rapid Fire Legal Update

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At Ward and Smith's recent In-House Counsel event, four Ward and Smith attorneys shared insights on a variety of legal topics, including updates from the General Assembly, how to navigate insurance policies, a Supreme Court...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

March Madness - a Sports Fan’s Dream, a Nightmare for Employee Productivity

Millions of college sports fans and alumni each year tune in to watch the National Collegiate Athletic Association (NCAA) men’s and women’s college basketball tournaments, referred to as “March Madness.”...more

Parker Poe Adams & Bernstein LLP

Keeping the Madness in Check: How to Keep Sports Gambling Under Control

It’s that time of year again. March Madness is around the corner and people are buzzing about brackets. Maybe you are even hosting a company-wide bracket contest. While these friendly contests can keep employees engaged and...more

Ankura

Match-Fixing on the Dark Web: A White Paper by Ankura and U.S. Integrity

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1. This white paper sets out the findings of a three-month investigation conducted by Ankura, for U.S. Integrity, into match-fixing on the dark web via a selection of subscription-based and fee services related to betting...more

Klein Moynihan Turco LLP

Fantasy Sports Law $15M Penalty

As our readers are aware, last October, the New York State Gaming Commission (“GC” or the “Commission”) adopted New York Rule 5602.1(a)(4), a law outlawing fantasy sports contests, such as “pick’em games,” that are based on...more

Mintz - Employment Viewpoints

Sports Gambling in the Workplace: A Safe Bet?

With the Super Bowl taking place this weekend and March Madness just around the corner, many offices are abuzz with discussions of squares, brackets, and other sports-betting pools. The benefits of company-wide contests are...more

Mayer Brown

The Corporate, Tax and Regulatory Aspects of Brazil’s Sports Betting Law

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On December 30, 2023, President Luiz Inácio Lula da Silva sanctioned, with vetoes, Law No. 14,790, which regulates fixed-odds betting on sports in real or virtual events (e-sports). Law 14.790/2023 consolidated aspects...more

Kaufman & Canoles

K&C Sports & Entertainment Law Weekly Roundup - February 2024

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A Long Island medical biller was sentenced to 12 years in prison Friday after being convicted of bilking over $600 million from insurance companies through fraudulent billing submissions and impersonating NBA star Marcus...more

Fisher Phillips

Super Bowl Predictions! (And Some Workplace Advice for Employers While We’re At It)

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Matt Carpenter: The 49ers will finally be able to shake off the Chiefs, winning their sixth Lombardi Trophy in a 31-24 game. Brock Purdy will go from Mr. Irrelevant to Super Bowl MVP, leading to an Academy Award-winning film...more

Littler

What Issues Do Super Bowl Squares Present in the Workplace?

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Break out the Super Bowl squares. Now that the February 11, 2024, Super Bowl matchup between the Kansas City Chiefs and San Francisco 49ers is set, many American workplaces will turn to the ubiquitous office pool to...more

Kohrman Jackson & Krantz LLP

Reflecting on Ohio Sports Betting: Year One Review and Updates

LEGALIZATION OF SPORTS BETTING IN OHIO - On January 1, 2023, sports betting became legal in the state of Ohio for those 21 years or older and physically present within the state. HB 29 allows for wagering on any...more

Holland & Knight LLP

For the Love of the Game: The Importance of Market Access Agreements

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In the aftermath of a 2018 U.S. Supreme Court ruling that repealed the federal ban on state-sponsored sports wagering, the sports wagering market has proliferated across the United States at an expedited pace. Since the...more

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